Ayr Wellness (OTCMKTS:AYRWF) is a vertically integrated cannabis company engaged in the cultivation, processing and retail sale of medical and adult-use cannabis products. Since its founding in 2018, Ayr Wellness has built a multi‐state footprint, operating cultivation and production facilities alongside a network of branded dispensaries. The company’s core activities include growing cannabis flower, extracting oils for vape cartridges and edibles, and manufacturing a range of consumer products under proprietary brands.
Headquartered in New York, Ayr Wellness has expanded its presence across key U.S. markets, including Florida, Massachusetts, Pennsylvania, Arizona and Ohio. Each facility is designed to meet strict regulatory standards, from seed-to-sale tracking and laboratory testing to ensure consistency, safety and compliance. The company leverages a combination of indoor, greenhouse and hybrid cultivation methods to optimize yield and product quality.
Ayr’s product portfolio encompasses a variety of formats, such as pre-rolled joints, tinctures, topicals and infused confections, catering to both medical patients and recreational adult-use consumers. The company also offers wellness-oriented formulations and partner branded collaborations, aiming to capture niches in the rapidly evolving cannabis market. Retail operations are complemented by direct-to-consumer e-commerce channels in select jurisdictions.
Leadership at Ayr Wellness is headed by co-founder and CEO Andrew Hirsh, supported by an executive team with backgrounds in agriculture, regulated markets and consumer packaged goods. The company continues to pursue strategic acquisitions and market entries, focusing on disciplined growth, operational efficiency and brand development to strengthen its position in the competitive cannabis industry.
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