National Cannabis Company Green Thumb Industries (GTI) Awarded the Maximum Five Dispensary Licenses in Ohio

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| Source: GTI
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Chicago, June 12, 2018 (GLOBE NEWSWIRE) -- Green Thumb Industries (GTI), a national cannabis cultivator, dispensary operator and consumer packaged goods company that produces and distributes a portfolio of cannabis brands, is pleased to announce that the Ohio State Board of Pharmacy awarded the company licenses to open five dispensaries in Ohio, the maximum number permitted under current regulations. There were 375 applications for the 56 awarded licenses. GTI is slated to open the five dispensaries in the following locations which are among the most populated areas in northern Ohio: Cleveland, Toledo, Lorain and two in Lakewood.

“It is an honor for GTI to have the opportunity to serve as many patients as possible in Ohio and it’s great news for those in the state who are suffering and can soon benefit from medical marijuana,” said GTI Chief Executive Officer and Toledo native Pete Kadens. “RISE dispensaries are dedicated to providing the very best customer experience and a variety of effective, safe medical cannabis in a welcoming, comfortable environment.”

Patients with one of 21 qualifying conditions, including chronic pain, will be able to buy medical marijuana after registering via doctors certified to recommend medical marijuana in Ohio.  The patient registration process is expected to begin next month.  More information for potential patients can be found at the Ohio Medical Marijuana Control Program’s website at www.medicalmarijuana.ohio.gov.

“GTI is an experienced dispensary operator with 13 dispensaries currently open and on its way to a 50-store retail chain,” says GTI Ohio, LLC partner Bobby George. “I’m thrilled to be part of the team that will bring quality medical marijuana to Ohio patients, with safety and security among our top priorities.  GTI is excited to soon be a part of these Ohio communities – and it’s especially gratifying for me to have a role in providing access to this medicine for my fellow Ohioans.”

About Green Thumb Industries:

Green Thumb Industries (GTI), a national cannabis cultivator, processor and dispensary operator, is dedicated to providing dignified access to safe and effective cannabis nationwide while giving back to the communities in which they serve. As a vertically integrated company, GTI manufactures and sells a well-rounded suite of branded cannabis products including flower, concentrates, edibles, and topicals. The company also owns and operates a rapidly growing national chain of retail cannabis stores called RISE™ dispensaries. Headquartered in Chicago, Illinois, GTI has seven manufacturing facilities and licenses for 50 retail locations across seven highly regulated U.S. markets. Established in 2014, GTI employs more than 350 people and serves hundreds of thousands of patients and customers each year. GTI was named a Best Workplace 2018 by Crain’s Chicago Business.  More information is available at GTIgrows.com.

 

Attachments

Linda Marsicano
GTI
773-354-2004
lmarsicano@gtigrows.com