fbpx
QQQ
-0.94
327.30
-0.29%
DIA
-1.94
313.81
-0.62%
SPY
-1.33
385.48
-0.35%
TLT
+ 0.49
150.90
+ 0.32%
GLD
-1.39
176.67
-0.79%

Trulieve Hits Milestone, Launches 60th Florida Dispensary

October 6, 2020 3:03 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Trulieve Hits Milestone, Launches 60th Florida Dispensary

Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) launched yet another dispensary in Florida, hitting the milestone of opening its 60th retail location in the state.

The new dispensary, located at 700 E Merritt Island Causeway in Merritt Island, spans 6,500 square feet.

It's the company's 62nd store nationwide.

On the opening day, which is scheduled for Wednesday, Oct.7., all customers would enjoy a 25% in-store discount, the press release said.

Kim Rivers, the company's CEO, explained Tuesday that their focus when identifying new locations is "access; particularly, how we can best support patients across Florida."

"Our latest Merritt Island location is particularly exciting as it will not only be one of our larger stores, but it will allow us to better support our dedicated Trulievers along the Space Coast," continued Rivers.

Meanwhile, the Tallahassee, Florida-based company has been pawing its way toward establishing its presence outside the Sunshine State as well, as it recently bought two cannabis startups in Pennsylvania.

Trulieve agreed to purchase PurePenn LLC and Pioneer Leasing & Consulting LLC Keystone Relief Centers LLC, which is doing business as Solevo Wellness for $46 million and $20 million, respectively, on the heels of launching an assortment of edible cannabis products in Florida.

Courtesy image

Posted-In:

Cannabis News Markets

Related Articles

Florida's Medical Cannabis Market Remains 'Underpenetrated' Versus Rivals, Analyst Says

The Florida cannabis market is "quickly consolidating" and, while sequential growth has slowed, fourth-quarter flower volumes spiked 190%, according to Cantor Fitzgerald. The Thesis: "The state’s med market remains underpenetrated vs. other med markets (one-third AZ per cap)," analyst Pablo Zuanic wrote in the note. read more

Dispensary Update: Trulieve, Jushi And Cloud Cannabis Each Have New Stores

Trulieve Opens Second Store In Gainesville Cannabis company Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) has cut the ribbon on its second Gainesville, Florida-based dispensary. read more

Cannabis Analyst Reviews Sluggish Canadian Data: 'MSOs Will Outperform Again'

Hifyre Canadian cannabis sales data for the month of December is in, and the numbers suggest the Canadian retail cannabis market remains sluggish heading into 2021. read more

Cannabis Vets From Poseidon, Curaleaf, Aphria And TILT Share Projections For 2021

The past twelve months were pivotal for the cannabis industry, as 2020 welcomed a myriad of triumphs, including: read more