20:43:00 EDT Wed 01 May 2024
Enter Symbol
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Green Thumb Industries Inc
Symbol GTII
Shares Issued 209,910,277
Close 2023-10-11 C$ 13.24
Market Cap C$ 2,779,212,067
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Green Thumb to open Rise Dispensary Brandon Oct. 14

2023-10-12 11:25 ET - News Release

Mr. Anthony Georgiadis reports

GREEN THUMB TO OPEN RISE DISPENSARY BRANDON IN FLORIDA, ITS 9TH RETAIL LOCATION IN THE SUNSHINE STATE, ON OCTOBER 14TH

Rise Dispensaries, a cannabis retail chain owned by Green Thumb Industries Inc., will open Rise Dispensary Brandon, the company's ninth retail location in Florida, on Oct. 14. The new dispensary will host a grand opening event on Oct. 26, where profits from the day will be donated to Florida Justice Center. The grand opening event will include a ribbon-cutting ceremony at 4 p.m. ET with representatives from the Greater Brandon Chamber of Commerce.

"We are thrilled to expand our presence in Hillsborough county with the opening of our new dispensary in Brandon, Fla., while broadening our distribution of high-quality, premium cannabis products to the region," said Anthony Georgiadis, Green Thumb president. "As part of our tradition of giving back to our local communities, it is our privilege to support the Florida Justice Center with the proceeds of our grand opening, as they do crucial work in addressing inequities within the legal system."

Founded in March, 2019, Florida Justice Center was created to address racial and socio-economic disparities in the criminal legal system, helping build equity for marginalized and disproportionately affected groups. The organization provides access to legal services for low-income individuals in the state, assisting them in overcoming barriers caused by criminal legal system involvement.

"As a valued partner for the past several years, Rise has shown time and again their commitment to helping those impacted by the criminal justice system get a second chance at success," said Jonathan Bleiweiss, executive director of Florida Justice Center. "We are honoured to continue our partnership with Rise Dispensaries, and we congratulate them on their new location in Brandon."

Green Thumb joined the Florida community in 2018, and operates two production facilities in Ocala and Homestead, where the company produces its branded products. Green Thumb's cultivation and manufacturing practices reflect the highest quality standards to ensure all its products offer a true-to-plant, consistent experience. The company's retail brand, Rise Dispensaries, is committed to expanding access to well-being through cannabis and making a positive impact on the communities it serves. In addition to Rise Brandon, there are eight other Rise Dispensaries in Florida, including locations in Bonita Springs, Deerfield Beach, Fruitland Park, Hallandale Beach, Kendall, Oviedo, Pinellas Park and West Palm Beach, with delivery services available at each location. All Rise Dispensaries in Florida offer products from Green Thumb's award-winning family of brands, including Rythm premium flower and full-spectrum vapes, Dogwalkers prerolls, Good Green flower, and &Shine flower, prerolls, vapes and chews.

Rise Dispensary Brandon is located at 420 W. Brandon Blvd., Brandon, Fla., 33511, and will be open on Monday through Saturday from 9 a.m. to 8 p.m. and Sunday from 11 a.m. to 6 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 85 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, Ill. (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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