06:02:05 EDT Sun 05 May 2024
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Green Thumb Industries Inc
Symbol GTII
Shares Issued 210,105,411
Close 2024-04-24 C$ 16.83
Market Cap C$ 3,536,074,067
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Green Thumb to open Rise Dispensary Wesley Chapel

2024-04-24 10:37 ET - News Release

Mr. Anthony Georgiadis reports

GREEN THUMB CONTINUES ITS FLORIDA RETAIL EXPANSION WITH OPENING OF RISE DISPENSARY WESLEY CHAPEL, ITS 16TH FLORIDA LOCATION, ON APRIL 26

Rise Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc., will open Rise Dispensary Wesley Chapel, the company's 16th retail location in Florida and 93rd nationwide, on April 26, 2024, with special discounts and complementary merchandise for the store's first 150 customers. Located at 28053 Wesley Chapel Blvd., Wesley Chapel, Fla., 33543, the dispensary will offer medical cannabis patients a diverse collection of cannabis products, including Rythm premium flower and full-spectrum vapes, Dogwalkers prerolls, Good Green flower, and &Shine flower, prerolls, vapes and chews.

"We couldn't be more excited to open our first Rise dispensary in Pasco County, representing our 16th store in the state," said Green Thumb president Anthony Georgiadis. "Located right off Interstate 75 in Wesley Chapel, our newest Rise location will offer patients a highly curated selection of flower, prerolls, vape, concentrates and other products from our award-winning brands Rythm, Dogwalkers and Dr. Solomon's."

Rise Dispensary Wesley Chapel will host a grand opening celebration on Friday, June 7, 2024. The event will include special discounts, Rise and Rythm merchandise, giveaways, and a ribbon-cutting ceremony featuring representatives from the North Tampa Bay Chamber of Commerce. Patients can also enjoy treats from the local Glazed and Confused food truck, including free mini-donuts for the first 100 customers. Profits from the grand opening celebration will be donated to Minorities for Medical Marijuana (M4MM) , a purpose-driven non-profit organization that provides education and programs to build a more accessible and equitable cannabis industry.

Rise Dispensary Wesley Chapel, conveniently located just off I-75, is the second Rise dispensary to open in Florida this year, following the opening of Rise Dispensary Dunnellon in March. Green Thumb joined the Florida community in 2018 and operates two production facilities in Ocala and Homestead, where the company cultivates and 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 Dispensary Wesley Chapel, there are 15 other Rise dispensaries in Florida, including locations in Bonita Springs, Brandon, Clearwater, Crystal River, Deerfield Beach, Dunnellon, Fruitland Park, Hallandale Beach, Kendall, Oviedo, Pinellas Park, Port Orange, Sun City Center, Tampa and West Palm Beach. Delivery services are available to the areas surrounding Rise dispensaries in Florida.

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 93 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 the Rise dispensary in Mundelein, Ill. (services vary by market). Rise locations offer a wide variety of products and award-winning brands, including &Shine, Beboe, Dogwalkers, Dr. 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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