Investor Presentation

second quarter and recent highlights AR OPERATIONAL HIGHLIGHTS operating in 8 states ~2,400 employees FINANCIAL HIGHLIGHTS $110m revenue 每 $117m cash balance 77 retail locations² 18 cultivation & production sites² 1.2m facility sq. ft. online² 21% YOY revenue growth 1) All numbers as of 6/30/2022 unless otherwise noted 2) As of 8/18/2022 3) Please see Appendix for calculation of Adjusted Gross Profit & EBITDA and reconciliations to GAAP figures CSE:AYR.A | OTC:AYRWF 52% adj. gross margin³ 11 brands in national CPG portfolio 27 added retail stores YoY² 18% adj. EBITDA margin³ 6

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