21:24:38 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Green Thumb Industries Inc
Symbol GTII
Shares Issued 209,172,125
Close 2023-06-14 C$ 10.08
Market Cap C$ 2,108,455,020
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Green Thumb to open Rise Dispensary Las Vegas June 16

2023-06-14 07:43 ET - News Release

Mr. Matt Navarro reports

GREEN THUMB TO OPEN RISE DISPENSARY LAS VEGAS ON NELLIS, ITS 81ST RETAIL LOCATION IN THE NATION, ON JUNE 16TH

Rise Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc., will open Rise Dispensary Las Vegas on Nellis, the company's 81st retail location in the nation, on June 16. The new dispensary will hold a grand opening event on July 22, where profits from the day will be donated to Opportunity Village. The grand opening will be a part of the Green is Our Genre, Rise grand opening tour, which will stop at every Rise Dispensary in Nevada and include music, exclusive promotions and local food trucks. The first 50 guests in line will receive 50 per cent off their purchase, accompanied by a swag bag.

Rise Las Vegas on Nellis is the first Rise Dispensary to open in North Las Vegas and features numerous points-of-sale and an elite retail experience. The store will offer an extensive product selection from the Green Thumb brand portfolio, including Rythm premium flower and vapes, Dogwalkers prerolls, Beboe socially dosed edibles and vapes, Good Green flower, and incredibles gummies and chocolates. With a wide selection of products available in Nevada, Rise Dispensaries offers something for everyone from the cannacurious to the seasoned consumer.

"We are excited to bring our Rise retail experience to consumers in northern Las Vegas," said Matt Navarro, senior vice-president of retail at Green Thumb. "Rise is committed to increasing access to well-being for people across the country, and this begins with making meaningful contributions to the communities in which we operate. We are honoured to support Opportunity Village, a local organization that is positively impacting the lives of people with disabilities."

Since 1954, Opportunity Village has been dedicated to helping people with disabilities find the very best version of themselves. Through work force development, community employment, day services, inclusive housing, arts and social recreation, the organization empowers people with disabilities to find new friends, realize future career paths, seek independence and community integration, and unleash creative passions.

"Opportunity Village thrives with funding from the generous philanthropy of donors and community partners such as Rise," said Stacy Ostrau, vice-president of philanthropy at Opportunity Village. "Together, we are able to positively impact lives and continue to successfully empower, employ and serve people with disabilities."

In addition to Rise Dispensary Las Vegas on Nellis, the company operates other retail locations across the state, including Rise stores in Reno, Carson City, Henderson, Spanish Springs and Las Vegas (formerly Essence Dispensaries) on South Durango, South Rainbow and West Tropicana. Additionally, in 2021, Green Thumb partnered with Cookies to open the brand's first location in Nevada, Cookies on the Strip.

Rise Dispensary Las Vegas on Nellis is located at 871 N. Nellis Blvd. Ste 7. Regular hours are Monday through Sunday from 8 a.m. to 11 p.m.

About Rise Dispensaries

Rise Dispensaries, a fast-growing national cannabis retailer founded under Chicago-based Green Thumb Industries, promotes social conscience, community impact and well-being through the power of cannabis. Since opening its doors in 2015, Rise has grown its national footprint to 81 retail locations across 14 U.S. markets and serves millions of patients and customers each year. Rise Dispensaries lead innovative access to cannabis by offering home delivery, virtual pharmacist consultations, mobile preordering and the first consumption lounge east of the Mississippi at Rise Mundelein, Illinois (services vary by market). Rise locations offer a wide variety of products and award-winning brands including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and Rythm, produced by owner Green Thumb Industries. Rise Rewards members enjoy insider perks, points and first access to products and merchandise.

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