Connect with us


Green Thumb Industries Inc. (OTCMKTS:GTBIF) To Open A Seventh RiseTM Retail Location In Pennsylvania



Green Thumb Industries Inc. (OTCMKTS:GTBIF) the owner of RiseTM and Essence retail stores has announced that on September 19 it will open its seventh RiseTM retail location, Rise Hermitage, in Pennsylvania.

Retail store to open on September 19

The retail location will on September 16 between 4 p.m. and 7 p.m. host an open house for the community. The company plans to host the open house before having cannabis products on site. The community will get a chance to interact with the RiseTM team including the Pennsylvania president and General Manager.  

Green Thumb Industries Founder and Chief Executive officer, Ben Kovler indicated that they were delighted to open their seventh RiseTM retail location in Pennsylvania and be the first company to offer people cannabis products across the Mercer County. The company already has 32 retail locations across the country and the CEO indicated that they were seeking to expand the company’s footprint in Pennsylvania. They look forward to continuing being part of the Hermitage community. 

Currently, RiseTM has retail locations in Steelton, Erie, Mechanicsburg, Latrobe, York, and Carlisle. Green Thumb which entered the Pennsylvania market in 2017 has a manufacturing facility in Danville where they produce their branded products such as Rhythm.

Dispensary to enhance access to products for patients

Bill Moder, the president of the Hermitage Board of Commissioners said that GTI and RiseTM are cannabis operators with a lot of experience and they are delighted that a local dispensary will be available for patients. He added that the company emphasizes on compliance and commitment to the community and their presence in the area is welcome. They will be able to access more patients though their premium quality branded products.

As of last month, there were more than 180,000 registered patients for Pennsylvania’s medical marijuana program. This follows the addition of 3,000 who received certification after anxiety disorders were included in the qualifying conditions list. The state has a list of 23 qualifying conditions such as PTSD, severe chronic pain and opioid use disorder.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.


Business2 days ago

Business intelligence from Akerna Corp (NASDAQ:KERN) Says Liquor Sales are Up 10% Year-over-Year

Post Views: 364 Liquor sales are up 10% year-over-year according to business intelligence from Akerna Corp (NASDAQ:KERN). Red wine took...

Business2 days ago

Pyxis Tankers Inc. (NASDAQ:PXS) Announce Q1 2020 Financial Results Amid COVID-19 Uncertainties

Post Views: 205 Pyxis tankers Inc. (NASDAQ:PXS) has announced its unaudited financial results for the quarter that ended March 31,...

Business2 days ago

Innovative Industrial Properties Inc (NYSE:IIPR) Enters Into a Lease Amendment Agreement with Green Leaf

Post Views: 226 With pot being legalized in many countries, the market is likely to get even bigger. As a...

Business2 days ago

Liberty Leaf Holdings Ltd (OTCMKTS:LIBFD) Takes Over Nova Mentis Biotech Corp And Add Synergies To Its Cannabis Assets In The Wellness And Health Sector

Post Views: 230 Liberty Leaf Holdings Ltd (OTCMKTS:LIBFD) gained access to the psilocybin by acquiring Nova Mentis Biotech Corp. The...

Business3 days ago

Aleafia Health Inc (OTCMKTS:ALEAF) Begins Cultivation At Its Entire Niagara Facility And Provides Consistent Supplies for Health: Settles Disputes With Aphria

Post Views: 341 Aleafia Health Inc (OTCMKTS:ALEAF) will commence cultivation operations at its whole Niagara facility. It obtained a license...

Business3 days ago

Pure Capital Calls For Shareholders Meeting of Therapix Biosciences Ltd (NASDAQ:TRPX): Demands For Dismissal Of Board Members

Post Views: 274 Pure Capital called for an emergency meeting of investors of Therapix Biosciences Ltd (NASDAQ:TRPX) to discuss actions...