Massachusetts Cultivation Expansion more than Doubles Canopy to 32,000 ft²
First Licensed Cannabis Company to Resume Vape Sales in Massachusetts
TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO) with a presence in the western and eastern U.S., has received final license approval from the Cannabis Control Commission (“CCC”) to grow cannabis in its recently completed cultivation facility, as disclosed by the CCC today. This is the Company’s second cultivation facility in Milford, Massachusetts.
Ayr completed its expansion plans in November to create one of the largest cultivation facilities in Massachusetts, and was solely awaiting approval from the CCC to grow cannabis in the new space. Ayr sells its products to both retail and wholesale customers throughout Massachusetts, with its products currently available at 55% of dispensaries in the state.
“Massachusetts continues to be one of the strongest growth opportunities for recreational cannabis across the U.S.,” said Jonathan Sandelman, CEO of Ayr. “This license approval from the CCC comes at a critical time as we can now more than double our cultivation and manufacturing capacity to meet our growing wholesale and retail demand. We expect to complete our first harvest from the new facility in Q1 2020, with flower sales from the new facility commencing in Q2.”
First to Resume Vape Sales Following Lift of Temporary Ban
Additionally, Ayr will be the first licensed cannabis company in the state to resume vape cartridge sales for its dispensaries and at the wholesale level beginning today, December 19, 2019.
“The health and well-being of our customers has always been the number one focus of our organization,” Sandelman added. “Following the CCC’s December 12, 2019 announcement that it would lift the temporary ban on sales of cannabis vaping products, we submitted our products for testing,