Per the Florida Department of Health Office of Medical Marijuana Use (OMMU) sales report, Liberty Health Sciences had an amazing week in Florida, growing flower sales by 58% week-over-week. When measuring sales by THC in milligrams, Liberty’s sales increased 165% in the same period.
Ayr Wellness finalized its acquisition of Liberty Health Sciences on 26 February, 2021. Since then sales have slowly trended upwards, but nothing like sales this week:
During recent interviews, Ayr Wellness CEO Jonathan Sandelman stated that Liberty had an issue with supplying their stores more than two to three days a week. He stated since the acquisition there has been significant improvement in cultivation and Liberty stores now have two strains of product five days a week and in July will have 15 strains seven days a week. If the prediction comes true, expect significantly higher Libery sales by the end of summer.
All cannabis CEOs with a presence in Florida have stated that the state is undersupplied with cannabis, so it is pretty clear that Ayr Wellness simply fixing Liberty’s cultivation issue is starting to pay off.