PA Options Launches First Dispensary In Pennsylvania
Medical cannabis research company PA Options for Wellness Inc. is cutting the ribbon on its first retail location.
The new store, dubbed VYTAL Options, is located at 39 East Chestnut Street in Lancaster, Pennsylvania.
The dispensary received the Pennsylvania Department of Health's approval to operate in August.
The Harrisburg-headquartered company was launched in 2014, focusing on research and education within the medical cannabis industry.
"We are thrilled to open a greatly needed dispensary for patients throughout the Commonwealth," CEO and founder Thomas Trite said. "We look forward to serving patients through our Medical Model focused on outcomes."
VYTAL Options would serve patients who are holders of a valid medical marijuana identification card.
The company also obtained the Department of Health's permit for Phase I of its cultivation and processing facility in Penn Township, Perry County, Duncannon.
The facility would be expanded to 65,000 square feet, according to the company's update.
Meantime, other peers in the industry have been expanding their presence in The Keystone State recently, including Ayr Strategies (CSE:AYR) (OTCQX:AYRSF) and Jushi Holdings Inc. (CSE:JUSH) (OTCQX: JUSHF), to name a few.
The Toronto-based Ayr purchased a 38,400 square feet cultivation and extraction facility for $20.8 million on Thursday.
In addition, Jushi has been ramping up toward establishing itself in Pennsylvania by acquiring Vireo Health International Inc.'s (CSE:VREO) (OTCQX: VREOF) in a $37 million deal and launching new Beyond/Hello medical marijuana dispensaries.
Courtesy image
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
