Investor Presentation

it all starts with the plant Combining proven processes, enhanced SOPs & state-of-the-art facilities to cultivate the highest-quality cannabis at scale AR grown in Phoenix, AZ grown in Gainesville, FL grown in Ocean County, NJ grown in Reno, NV 1) All numbers as of 6/30/2022 unless otherwise noted 2) As of 8/18/2022 3) Source: BDSA 4) Defined as percentage of total dispensary doors selling Ayr products in applicable states 1H 2022 pursuing unparalleled quality and scale through strategic investments in facilities & cultivation technology attracting & developing expert talent, craftsmanship & knowledge across the organization deploying novel genetic offerings built around unique terpene profiles & customer favorites Q2 & Recent Highlights¹ 18 cultivation & production facilities online² +17% YOY same facility yield improvement proprietary library of 130+ new strains being introduced 1H 2022 570+ active wholesale partner accounts Q2 48k lbs biomass harvested 83% market penetration4 CSE:AYR.A | OTC:AYRWF current 1.2M facility sq. ft. ~3,000 SKUS #1 NV flower brand³ 9

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