Liberty Health Sciences (LHS) dispensaries just don’t stop growing as time goes on. It seems that Ayr has been doing an excellent job since it formalized the acquisition of this brand. The clear sign of this comes with the recent announcement by the leading multi-state cannabis operator (MSO) indicating the opening of its 47th dispensary in Florida, located in Clermont, a western suburb of Orlando.
With 4,000 square feet of retail space, the new dispensary will be located just a few miles from the Clermont Historical Village. Ayr will implement its entire line of concentrates, edibles, gummies, vaporizers and a selection of high-quality flowers in the store.
The recently launched Kynd whole flower offerings and Walking STiX pre-rolls will not be left out of the equation either. As a result, consumers will be able to come into the store and enjoy the full portfolio experience.
“We continue to open stores in Florida at a rapid pace, with today’s opening marking 47 locations across the state,” said Jonathan Sandelman, Founder, Chairman, and CEO of Ayr. “The expansion of our Florida footprint, combined with the continued rollout of our national brands like Kynd, STiX, and Entourage, positions us well to continue to capture market share throughout the Sunshine State.”
More than a year ago, Ayr was able to complete the necessary paperwork to acquire LHS based in the Sunshine State. At that time, the package included a total of 31 dispensaries, but the company has managed to raise that number to 47 with the addition of 16 new locations. That’s practically 1.3 new stores every month since the acquisition.
Last year, Ayr also decided to move its headquarters from New York to Miami, signaling the firm’s clear commitment and importance to the region. According to the most recent data, the state has about 715,000 patients enrolled in its medical marijuana program. With the medical marijuana market expected to generate $3.4 billion per year by 2026 in Florida, Ayr intends to be first in line to reap the biggest financial benefits.