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AYR Wellness Announces Transition of Jared Cohen to Board Observer

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AYR Wellness (CSE: AYR.A, OTCQX: AYRWF), a leading vertically integrated U.S. multi-state cannabis operator, announced that Jared Cohen has resigned from its Board of Directors and will transition to the role of Board Observer. The transition comes as Cohen takes on new professional obligations outside of AYR Wellness and the cannabis industry. Cohen expressed gratitude for his time serving on AYR's Board and confidence in the company's leadership team. Board Chairman Louis Karger acknowledged Cohen's service and welcomed his continued engagement as a Board Observer.

AYR Wellness (CSE: AYR.A, OTCQX: AYRWF), un operatore di cannabis multi-stato statunitense leader e verticalmente integrato, ha annunciato che Jared Cohen si è dimesso dal suo Consiglio di Amministrazione e passerà al ruolo di Osservatore del Consiglio. Questa transizione avviene mentre Cohen assume nuovi impegni professionali al di fuori di AYR Wellness e dell'industria della cannabis. Cohen ha espresso gratitudine per il tempo trascorso nel Consiglio di AYR e fiducia nel team di leadership dell'azienda. Il presidente del Consiglio Louis Karger ha riconosciuto il servizio di Cohen e ha accolto il suo continuo impegno come Osservatore del Consiglio.

AYR Wellness (CSE: AYR.A, OTCQX: AYRWF), un operador estadounidense de cannabis multiestatal líder y verticalmente integrado, anunció que Jared Cohen ha renunciado a su Junta Directiva y pasará a ser Observador de la Junta. La transición se produce mientras Cohen asume nuevas obligaciones profesionales fuera de AYR Wellness y de la industria del cannabis. Cohen expresó su gratitud por el tiempo que pasó sirviendo en la Junta de AYR y confianza en el equipo de liderazgo de la empresa. El presidente de la Junta, Louis Karger, reconoció el servicio de Cohen y dio la bienvenida a su continuo compromiso como Observador de la Junta.

AYR Wellness (CSE: AYR.A, OTCQX: AYRWF)는 미국의 선도적인 수직 통합 다주 주 cannabis 운영자로서 Jared Cohen이 이사회를 사임하고 이사회 관찰자로 전환한다고 발표했습니다. 이 전환은 Cohen이 AYR Wellness 및 cannabis 산업 외부에서 새로운 직무를 맡게 되면서 이루어졌습니다. Cohen은 AYR 이사회에서의 시간에 대한 감사와 회사의 리더십 팀에 대한 신뢰를 표현했습니다. 이사회 의장 Louis Karger는 Cohen의 헌신을 인정하고 그의 지속적인 참여를 환영했습니다.

AYR Wellness (CSE: AYR.A, OTCQX: AYRWF), un opérateur de cannabis multirégional américain intégré verticalement, a annoncé que Jared Cohen a démissionné de son poste au sein de son Conseil d'Administration et passera au rôle d'Observateur du Conseil. Cette transition intervient alors que Cohen prend de nouvelles obligations professionnelles en dehors d'AYR Wellness et de l'industrie du cannabis. Cohen a exprimé sa gratitude pour le temps passé au sein du Conseil d'AYR et sa confiance dans l'équipe de direction de l'entreprise. Le président du Conseil, Louis Karger, a reconnu les services de Cohen et a salué son engagement continu en tant qu’Observateur du Conseil.

AYR Wellness (CSE: AYR.A, OTCQX: AYRWF), ein führender vertikal integrierter US-Multi-State-Cannabis-Betreiber, gab bekannt, dass Jared Cohen von seinem Posten im Vorstand zurückgetreten ist und die Rolle des Beobachters im Vorstand übernimmt. Der Wechsel erfolgt, da Cohen neue berufliche Verpflichtungen außerhalb von AYR Wellness und der Cannabis-Industrie übernimmt. Cohen äußerte seine Dankbarkeit für die Zeit, die er im Vorstand von AYR verbracht hat, sowie sein Vertrauen in das Führungsteam des Unternehmens. Der Vorsitzende des Vorstands, Louis Karger, würdigte Cohens Dienst und begrüßte sein fortgesetztes Engagement als Beobachter des Vorstands.

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MIAMI, Feb. 07, 2025 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announced the resignation of Jared Cohen from its Board of Directors (the “Board”) and transition to Board Observer.

Mr. Cohen commented, “I thank AYR’s Board for approving my transition to Board Observer as I take on new professional obligations unrelated to AYR Wellness and outside of the cannabis industry. I am grateful for the opportunity to serve on AYR’s Board and would like to reiterate my confidence in the Company and its leadership team.”

Louis Karger, Chairman of the Board at AYR, said, “We thank Jared for his service to AYR and look forward to continuing to engage with Jared as a Board Observer.”

Forward-Looking Statements
Certain statements contained in this news release may include “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws (“forward-looking statements”). Forward-looking statements are often, but not always, identified by the use of words such as “target”, “expect”, “anticipate”, “believe”, “foresee”, “could”, “would”, “estimate”, “goal”, “outlook”, “intend”, “plan”, “seek”, “will”, “may”, “tracking”, “pacing” and “should” and similar expressions or words suggesting future outcomes. This news release includes forward-looking statements pertaining to, among other things, AYR’s future leadership and management. Numerous risks and uncertainties could cause the actual events and results to differ materially from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements. Forward-looking statements are based upon known and unknown risks and uncertainties that may cause actual results to differ materially from those anticipated. AYR has no intention, and undertakes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About AYR Wellness Inc.
AYR Wellness is a vertically integrated, U.S. multi-state cannabis business. The Company operates simultaneously as a retailer with 90+ licensed dispensaries and a house of cannabis CPG brands.

AYR is committed to delivering high-quality cannabis products to its patients and customers while acting as a Force for Good for its team members and the communities that the Company serves. For more information, please visit www.ayrwellness.com.

Company/Media Contact:
Robert Vanisko
VP, Public Engagement
T: (786) 885-0397
Email: comms@ayrwellness.com

Investor Relations Contact:
Sean Mansouri, CFA
Elevate IR
T: (786) 885-0397
Email: IR@ayrwellness.com


FAQ

What role change did Jared Cohen undergo at AYR Wellness (AYRWF) in February 2024?

Jared Cohen transitioned from his position as Board Director to Board Observer at AYR Wellness (AYRWF), as announced on February 7, 2024.

Why did Jared Cohen step down from AYR Wellness (AYRWF) Board of Directors?

Jared Cohen stepped down from AYR Wellness's Board of Directors due to new professional obligations unrelated to AYR Wellness and outside of the cannabis industry.

What is Jared Cohen's new position at AYR Wellness (AYRWF)?

Jared Cohen's new position at AYR Wellness is Board Observer, transitioning from his previous role as a member of the Board of Directors.

Who is the current Chairman of the Board at AYR Wellness (AYRWF)?

Louis Karger is the current Chairman of the Board at AYR Wellness (AYRWF).

Ayr Wellness Inc.

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