A multi-state cannabis company has announced the opening of a new dispensary in the Sunshine State.
Miami, Florida-based Ayr Wellness today announced the opening of its latest dispensary in Eustis, Florida.
The new dispensary, Ayr’s 43rd location in Florida, features more than 3,000 square feet of retail space designed and built by the company.
Located just south of The Villages retirement community, Ayr says the shop integrates design elements from its upcoming Boston area flagship dispensaries in Back Bay and Watertown.
“With 43 stores now open in Florida and another 30 locations under lease, we continue to expand our presence with our latest opening in Eustis,” says Ayr Wellness Founder and CEO Jon Sandelman. “The Eustis store is notable for both its prime location and for being Ayr’s first Florida store to incorporate our customer-centric design philosophies. The retail experience highlights our improved product selection, curated to meet needs across every product category, and is designed to foster meaningful relationships with every customer and community member who comes through our doors.”
Ayr purchased Florida-based Liberty Health Sciences in February 2021.
The purchase included 31 dispensaries across the state.
Ayr has opened 12 additional locations since, bringing its number of medical cannabis shops in Florida to 43.
With more than 650,000 registered medical cannabis patients in Florida, Ayr says the market ranks third in the United States by total sales.
According to Ayr, medical cannabis sales in Florida generated more than $1.2 billion in revenue in 2020.
Citing BDSA data, Ayr says that forecasts put Florida medical cannabis sales at $2.6 billion per annum by 2026.