Here's Where To Buy Legal Weed: Cannabis Shops Popping Up Across Florida And Ohio As Canadian Retail Giant Celebrates Milestone
Portfolio Pulse from Jelena Martinovic
Cannabis companies are expanding their retail presence in Florida and Ohio, with Curaleaf, Planet 13, and Trulieve opening new dispensaries in Florida, and Ascend Wellness and Ethos Cannabis expanding in Ohio. High Tide celebrates a milestone with its Cabana Club loyalty program in Canada.
August 19, 2024 | 7:40 pm
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POSITIVE IMPACT
Ascend Wellness expands adult-use cannabis sales in Ohio with its fifth location, contributing to the state's growing market.
Ascend Wellness's expansion in Ohio is likely to increase its market share and revenue, positively impacting its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Curaleaf Holdings is expanding its retail footprint in Florida with new dispensaries in Pensacola and Destin, offering a wide range of cannabis products.
Curaleaf's expansion in Florida with new dispensaries is likely to increase its market share and revenue, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
High Tide's Cabana Club loyalty program surpasses 1.5 million members, showing significant growth in Canada.
The growth of High Tide's loyalty program indicates strong customer engagement and potential for increased sales, positively affecting its stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Planet 13 Holdings opens its 27th cannabis shop in Florida, continuing its expansion in the state.
The opening of a new store in Florida by Planet 13 is a positive development, likely to enhance its revenue and market position.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Trulieve opens a new dispensary in New Port Richey, Florida, as part of its ongoing support for cannabis legalization.
Trulieve's new dispensary opening in Florida is expected to boost its sales and support its legalization efforts, positively affecting its stock.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75