Here's Where To Buy Legal Weed: Florida Operators Ramp Up For Potential Legalization, New Cannabis Stores Launching Sales
Portfolio Pulse from Jelena Martinovic
Florida is seeing a surge in cannabis retail activity as the state prepares for a potential legalization of recreational marijuana. Green Thumb Industries and iAnthus Capital Holdings have opened new dispensaries, while AYR Wellness and High Tide Inc. are expanding their retail footprint in other states and Canada.
June 28, 2024 | 3:05 pm
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AYR Wellness has opened its third retail location in Illinois, expanding its footprint in the state.
The expansion in Illinois strengthens AYR Wellness' market presence and could lead to increased revenues from the new location.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Green Thumb Industries has opened its 17th dispensary in Florida, potentially boosting its market presence ahead of possible recreational legalization.
The opening of a new dispensary in a key market like Florida, especially ahead of potential legalization, is likely to boost Green Thumb Industries' revenue and market share.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
High Tide Inc. is launching two new Canna Cabana retail locations in Canada, marking its 175th and 176th stores.
The opening of new stores in Canada expands High Tide Inc.'s retail footprint, potentially increasing its market share and revenues.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
iAnthus Capital Holdings has launched a new GrowHealthy store in North Port, Florida, featuring an innovative open concept.
The new store's innovative open concept could attract more customers and enhance the shopping experience, potentially increasing sales and market share for iAnthus Capital Holdings.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70