Green Thumb Says 5 Illinois Stores Expected To Offer Adult-Use Cannabis Sales On Jan. 1

Green Thumb Industries Inc. GTIIGTBIF announced Tuesday it anticipates for its five Illinois cannabis stores to be open for recreational cannabis sales on Jan. 1, which would be the first day when recreational cannabis purchase becomes legal in Illinois.

Those five stores first to offer adult-use cannabis sales include Rise Mundelein, Rise Canton, Rise Quincy, Rise Joliet, and 3C Joliet. Green Thumb is currently rebranding its Illinois adult-use stores to Rise, as part of its national retail band.

The company’s two other Illinois-based stores, The Clinic Effingham and 3C Naperville, will first offer only medical marijuana sales to those customers with appropriate medical marijuana cards.

Projecting long waits in line when the recreational cannabis sales commence, Green Thumb has set to offer customers tents, food, drinks, music and heat lamps.

“January 1, 2020, will be a historic day in Illinois and we are ecstatic to be a part of it. GTI kicked off the medical program with the very first cannabis sale at Rise Mundelein in 2015 and we are proud to do the same with adult use sales at the same location just four years later,” GTI Founder and CEO Ben Kovler said in a statement.

Green Thumb’s stock closed Monday’s session 0.97% lower at $7.94 per share.

Related Links:

The Week In Cannabis: Federal Spending Bill, Vaping Bans And More Corporate Carnage

Green Thumb Industries Posts Q3 Revenue Of $68M: 'Positioned To End 2019 On A Strong Note'

Posted In: CannabisNewsRetail SalesMarkets
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...