Ayr Wellness Inc. (CSE:AYR) (OTCQX:AYRWF), a leading vertically integrated U.S. multi-state cannabis operator announced that it has entered into an Interim Management Services Agreement (“MSA”) with Tahoe Hydroponics Company, LLC, one of Nevada’s top cultivators of high-quality cannabis flower, and NV Green, Inc. producers of leading concentrates, pursuant to the previously announced Definitive Agreement signed in July 2021.
On January 25, the Nevada Cannabis Control Board (CCB) approved the relationship of Tahoe Hydro, NV Green, and Ayr’s subsidiary under the MSA, which includes provisions for exclusive access to a robust and innovative bank of existing and future cannabis genetics from Lost in Translation LLC and exclusive access to the LIT brand, one of the top selling flower brands in Nevada, according to BDSA, via licensing agreement.
