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AYR Cannabis Expands Retail Presence with New Manchester Store

AYR Cannabis Expands Retail Presence with New Manchester Store

AYR Cannabis Launches New Retail Store in Manchester

MIAMI — AYR Cannabis Dispensary, part of AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF), has officially opened AYR Cannabis Manchester. This marks the company's first retail outlet in Connecticut and the 94th across the nation. Located at 185 Spencer St, Manchester, the new store began serving adult-use customers and medical patients soon after its grand opening.

Strategic Move into the Connecticut Market

AYR Cannabis Manchester has made its entry into the Connecticut market in partnership with Connecticut Cultivation Solutions, a joint venture co-owned by Hartford City Councilwoman Tiana Hercules and AYR. This collaboration has secured a Disproportionately Impacted Area (DIA) license, merging Ms. Hercules' local expertise with AYR’s vast experience in operating dispensaries across eight states. Together, they aim to support Manchester and neighboring communities that have been adversely affected by cannabis prohibition.

Location and Customer Experience

The Manchester dispensary is conveniently located near Interstate 384, making it easily accessible for customers from Manchester and nearby towns such as Bolton, Coventry, and Glastonbury, where retail options are limited. Spanning 1,600 square feet, the facility features both in-store and drive-thru services, allowing customers to explore a diverse selection of premium cannabis products with ease. Knowledgeable staff are on hand to help customers find the right products and brands to meet their specific needs.

Commitment to the Community

Tiana Hercules shared her enthusiasm for the dispensary's opening, stating, “It is an honor to be opening a dispensary so close to my hometown, and I am thrilled by the opportunity our dispensary will afford me to give back to the community.” She highlighted the positive social benefits of legal cannabis for Connecticut, emphasizing its potential to enrich local communities.

AYR’s Senior Vice President and Market General Manager, Kyle Ronellenfitch, echoed her sentiments, underscoring the company’s mission to improve lives through cannabis products. He expressed excitement about introducing AYR to the Manchester community and reaffirmed their commitment to being a “Force for Good” in the area.

Ongoing Community Engagement Efforts

AYR and Ms. Hercules have previously worked together on various social initiatives throughout the state, including expungement clinics and support for the Bridge to Morehouse Program. This program aims to create pathways for students from Connecticut State Capital Community College to transfer to Morehouse College, further illustrating AYR’s dedication to community welfare and development.

About AYR Wellness Inc.

AYR is a vertically integrated multi-state cannabis business in the U.S., operating over 90 licensed dispensaries and managing a portfolio of cannabis consumer packaged goods (CPG) brands. The company is committed to providing high-quality cannabis products to its patients and customers while fostering positive social impacts within the communities it serves.

For more information, AYR invites interested parties to contact their media representatives directly.

Media Contact:

Robert Vanisko
VP, Public Engagement
T: (786) 885-0397
Email: comms@ayrwellness.com

Company Contact:

Jon DeCourcey
Head of Investor Relations
T: (786) 885-0397
Email: ir@ayrwellness.com

Investor Relations Contact:

Sean Mansouri, CFA
Elevate IR
T: (786) 885-0397
Email: ir@ayrwellness.com

Frequently Asked Questions

1. What is the significance of AYR Cannabis Manchester's opening?

AYR Cannabis Manchester is significant as it marks AYR's entry into Connecticut’s cannabis market, providing access to high-quality cannabis products for both medical and adult-use consumers.

2. Who are the key collaborators behind the new dispensary?

The dispensary is a collaboration between AYR and Tiana Hercules, a local Hartford City Councilwoman, reflecting the company’s commitment to community involvement.

3. What services does AYR Cannabis Manchester provide?

AYR Cannabis Manchester offers both in-store shopping and convenient drive-thru services, enhancing the customer experience by giving easy access to a variety of cannabis products.

4. How does AYR prioritize community involvement?

AYR prioritizes community engagement through initiatives such as expungement clinics and educational programs that support local educational pathways, showcasing their commitment to social good.

5. What is AYR Wellness Inc.'s mission?

AYR Wellness Inc. aims to deliver high-quality cannabis products while actively contributing to the social and economic welfare of the communities they serve, acting as a positive force in the industry.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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