AYR Wellness Inc. has extended its Limited Waiver Agreement with senior secured note holders until July 18, 2025, providing more time for negotiations and strategic options to strengthen its capital structure. The waiver prevents default-related rights and remedies temporarily. The extension does not permanently waive any existing defaults. The Company continues to operate normally and is exploring growth opportunities in key markets. AYR Wellness is a U.S. multi-state cannabis operator with 90+ licensed dispensaries and cannabis CPG brands. For more information, visit www.ayrwellness.com. Contact Robert Vanisko at (786) 885-0397 or [email protected] for media inquiries, and Sean Mansouri, CFA at (786) 885-0397 for investor relations.

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