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US (FL): AYR Wellness announce new President

AYR Wellness Inc. announced that George Denardo, AYR's Chief Operating Officer, has assumed the role of President of the Company.

In his new role, George will oversee all company-wide operations, including with all retail, wholesale, purchasing, marketing, cultivation, and manufacturing.

"This is a well-deserved promotion that highlights George's strong contributions to AYR, our confidence in his leadership, and the Company's commitment to operational improvements via cross-functional collaboration and accountability," said Steven M. Cohen, Interim CEO of AYR.

"I look forward to taking this next step as President of AYR, doing so at a pivotal time in the cannabis industry," said Denardo. "Now, more than ever, cannabis operators must operate efficiently and generate value from their existing footprints. In my role as President, I aim to do just that by creating greater connectivity and synergy between AYR's revenue and supply chain functions."

AYR's Board of Directors continues to lead the search for a permanent CEO and has retained True Search, a global recruiting firm, to lead the search.

For more information:
Ayr Wellness
www.ayrwellness.com

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