Historic Marijuana Milestone: Georgia First In Nation Where Hundreds Of Drug Stores Will Sell Medical Cannabis
Portfolio Pulse from Maureen Meehan
The Georgia Board of Pharmacy has begun accepting applications from nearly 120 pharmacies to provide medical marijuana products, making it the first state in the US to allow the sale of low-dose cannabis at independent drug stores. The state's only two licensed cannabis producers, Botanical Sciences LLC and Trulieve Cannabis Corp. (OTCQX: TCNNF), will supply the pharmacies with products. This move will put about 90% of Georgia’s population within a 30-minute drive of a pharmacy selling medical marijuana.
October 07, 2023 | 8:02 pm
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Trulieve Cannabis Corp. (OTCQX: TCNNF) is one of the two licensed cannabis producers in Georgia that will supply medical marijuana products to nearly 120 pharmacies. This could potentially increase the company's sales and market reach.
As one of the two licensed cannabis producers in Georgia, Trulieve Cannabis Corp. stands to benefit from the expansion of medical marijuana sales to independent pharmacies. This could lead to an increase in the company's sales and market reach, potentially positively impacting its stock price in the short term.
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