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

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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.

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