Cannapany on April 14, 2021 No Comments
The newly-acquired Ayr Wellness cannabis asset continues to expand across the Sunshine State
Ayr Wellness may have recently acquired Liberty Health Sciences, but this isn’t stopping the company from continuing to expand the Liberty Health name across Florida. Two new cannabis dispensaries have been added to the growing list of stores operating under the brand, with 33 now in operation. Overall, Liberty Health is part of a retail footprint controlled by Ayr Wellness that now includes 49 stores.
The 32nd Liberty Health dispensary was launched in the city of Sebring and is the first for the company in Highlands County. It measures 4,000 square feet and serves an area of approximately 100,000 residents. The dispensary is located at 135 US Hwy 27 N. The 33rd dispensary, LHS Palm Bay, is at 4805 Babcock St. NE in Palm Bay. It measures 2,800 square feet and is equipped with a drive-thru for customer convenience. Palm Bay’s population is around 120,000.
Jonathan Sandelman, CEO of Ayr Wellness, said in announcing the new dispensaries, “We are thrilled to be increasing access to medical cannabis to the patients of Sebring and Palm Bay, and we look forward to offering them quality, choice and excellent customer service. Whether you’re an experienced cannabis patient or coming in for a first-time consultation, you will find exciting, high-quality products to lead you on your journey to wellness and wonder.”
As Ayr Wellness continues to expand Liberty Health following the February acquisition, more dispensaries are expected to be added in Florida. In total, the company anticipates having 42 available before the end of this year. Florida’s medical marijuana market is one of the more robust markets in the country, with over 520,000 patients as of the beginning of this month. That represents a 57% increase from the same time last year.
Ayr Wellness is now live in seven states, with active operations in Florida, Massachusetts, Nevada and Pennsylvania, and new acquisitions in New Jersey, Arizona and Ohio. Its seven-state footprint covers key markets with 44 open dispensaries and 554,000 square feet of cultivation space. The company closed the Ohio and Nevada acquisitions last month and expects to close the New Jersey acquisition early in the third quarter.
Congratulation!