07:38:03 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
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Green Thumb Industries Inc
Symbol GTII
Shares Issued 209,172,125
Close 2023-06-15 C$ 9.93
Market Cap C$ 2,077,079,201
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Green Thumb to open Philadelphia store June 17

2023-06-15 08:43 ET - News Release

Mr. Tim Hawkins reports

GREEN THUMB TO OPEN RISE DISPENSARY PHILADELPHIA, ITS 82ND RETAIL LOCATION IN THE NATION, ON JUNE 17TH

Rise Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc., will open Rise Dispensary Philadelphia, the company's 82nd retail location in the nation, on June 17, 2023. The new dispensary will hold a grand opening event on July 8, 2023, where profits from the day will be donated to Philadelphia Lawyers for Social Equity (PLSE). Green Thumb previously partnered with PLSE through its Good Green Grant Program.

"We are thrilled to be opening a Rise dispensary in the bustling city of Philadelphia. At Rise, we are dedicated to providing an exceptional experience to each and every patient that walks through our doors, and we couldn't be happier to extend that care to the people of Philadelphia," said Tim Hawkins, commercial general manager of Pennsylvania at Green Thumb. "By partnering with Philadelphia Lawyers for Social Equity, we are continuing our mission of promoting well-being through cannabis while making a meaningful and sustainable difference in the community."

Philadelphia Lawyers For Social Equity is an organization in Pennsylvania that provides free legal advice and representation to low-income residents whose criminal records are holding them back from achieving their social and career potentials. PLSE does this through seeking expungements in criminal court and pardons from the governor. The organization also provides individual representation, strategic litigation, community education, research and advocacy around record clearing.

"The contribution from Rise will provide support to further our mission of empowering underrepresented and underresourced individuals hindered by their criminal records," said Renee Chenault Fattah, executive director of PLSE. "With these funds, we will continue helping these individuals overcome barriers and unlock new opportunities and advocating for reforms in the criminal justice system."

Green Thumb entered the Pennsylvania market in 2017 and currently operates a cultivation and manufacturing facility in Danville, where the company produces its branded products, including Rythm premium flower and vapes, Good Green flower, &Shine flower and vapes, and Doctor Solomon's medical-grade drops and lotions.

Rise Dispensary Philadelphia is located at 3903 Aramingo Ave., Suite 101, Philadelphia, Pa., 19137. The dispensary offers a stylish interior, a wide range of medicinal products and roll-through service for patients to pick up orders. The location will be open Monday through Saturday from 9 a.m. to 8 p.m. and Sundays from 10 a.m. to 6 p.m.

For information on how to become a medical cannabis patient, e-mail risemed@gtigrows.com. Visit the Rise Cannabis website to view a list of all Rise dispensaries in the state and schedule an in-store or virtual appointment with a Rise health care professional by navigating to your local dispensary page and clicking "Talk to a Pharmacist."

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 82 retail locations across 14 U.S. markets and serves millions of patients and customers each year. Rise Dispensaries leads 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 in 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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