Cannabis Dispensary Roundup: Verano, Green Thumb Industries, High Tide, Shasta Management – Markets Insider

Verano Opens Dispensary In Pittsburgh, Western Pennsylvania’s First Drive-Through

Verano Holdings Corp. (CSE:VRNO) (OTCQX:VRNOF) kicked off sales of medical cannabis at The Healing Research Center located at 6300 Robinson Centre Drive in Pittsburgh, PA near the intersection of I-376 and Lincoln Highway.

The new affiliate storefront. which opened on Friday July 30, is the first dispensary in Western Pennsylvania with a four-lane drive-through.

It is also the 80th dispensary nationwide that Verano has launched in collaboration with its affiliates and it’s the 12th in the state.

“With this flagship dispensary and the unique partnership with Drexel, we have the opportunity to help enhance the medical cannabis program in Pennsylvania, a core market for Verano and one of the largest in the country,” said George Archos, founder and CEO of Verano. “Research supports our vision of driving continuous improvement in patient care and experience.”

Based in Chicago, the company confirmed its intention to open an additional seven dispensaries across 11 states where it operates, including new shops in Florida and Nevada and two retail locations in the Keystone State via its associate Agronomed Biologics by the year-end.

In April, Verano acquired all of the issued and outstanding equity interests in Agronomed Holdings Inc. and Agri-Kind, LLC for $66 million in cash, $49.5 million in stock and a performance-based earnout of $31.5 million.

Green Thumb Industries Hits Milestone, Opens 60th Store Nationwide, Second In Virginia

Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), the owner of Rise dispensaries

opened another store in Virginia on Monday, August 2.

The new retail location at 1634 W Main Street in Salem is the company’s second store in the Old Dominion and 60th in the country.

“We are excited to open the first Rise location in Virginia and our first store in a southeastern state,” Ben Kovler, GTI’s founder and CEO said. “As cannabis acceptance sweeps the country, we are

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