Here's Where To Buy Legal Weed: New Stores Launching Cannabis Sales Ahead Of 4/20, Part 1
Portfolio Pulse from Jelena Martinovic
The cannabis industry is experiencing significant growth with new store openings and sales milestones ahead of the Benzinga Cannabis Capital Conference in Florida. Illinois' cannabis market continues to expand, with MariMed Inc. opening a new Thrive dispensary. In Florida, Trulieve Cannabis Corp. and Green Thumb Industries Inc. are expanding their retail footprints amid talks of recreational legalization. AYR Wellness Inc. relocated its Tallahassee dispensary, and in New Jersey, C3 Industries Inc. and Holistic Re-Leaf opened new stores. Pennsylvania sees expansion with new dispensaries by PharmaCann Inc. and Cresco Labs Inc.
March 19, 2024 | 2:51 pm
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AYR Wellness Inc. relocates its Tallahassee dispensary, aiming to strengthen its position in Florida's cannabis market.
The relocation of AYR Wellness's dispensary in Tallahassee is a strategic move to better serve the market, potentially increasing customer base and sales.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Cresco Labs Inc. opens Sunnyside Gettysburg in Pennsylvania, expanding its dispensary count to 15 in the state and 72 nationwide.
Cresco Labs's new dispensary opening in Pennsylvania aligns with its expansion strategy, likely boosting its market share and revenue in the region.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Green Thumb Industries Inc. opens its 15th retail location in Florida, RISE Dispensary Dunnellon, as it continues to expand its national footprint.
The opening of a new RISE Dispensary by Green Thumb Industries in Florida contributes to the company's growing national presence and could enhance its revenue streams.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MariMed Inc. announced the opening of a new Thrive dispensary in Illinois, indicating continued expansion in the cannabis market.
The opening of a new dispensary by MariMed Inc. in a growing market like Illinois suggests positive momentum for the company's retail footprint and revenue potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Trulieve Cannabis Corp. expands its retail footprint in Florida with a new express medical cannabis dispensary, amid talks of recreational legalization.
Trulieve's expansion in Florida, especially with the potential of recreational legalization, could significantly boost the company's market presence and sales.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85