Cannabis Dispensary Roundup: Verano Launches Two Stores, Jushi, High Tide, Terrabis, INSA Each Open Dispensaries – Benzinga

Jushi Opens Another BEYOND / HELLO Dispensary In Pennsylvania

Vertically integrated cannabis company Jushi Holdings Inc. (CSE:JUSH) (OTCQB:JUSHF) is cutting the ribbon in its 12th BEYOND / HELLO dispensary in Pennsylvania on Monday.

The Boca Raton, Florida-based company will expand its retail footprint in the Keystone State through its subsidiary, Franklin Bioscience – NE LLC.

The new storefront, located at 1000 West 15th Street in Hazleton, is Jushi’s 19th shop nationwide.

Jim Cacioppo, CEO of Jushi, said Friday that the new retail location “combines a modern retail design and in-store experience with our best-in-class digital platform.”

The store’s offering will include dry leaf, concentrates, cartridges, tinctures, topicals, capsules, pills and other ancillary products.

Brian Lloyd, the company’s vice president of retail, told Benzinga that they are “confident that our customers will not only love our modern, new store design but that they will also embrace its central location. Our 19th store will make it more convenient for patients in Pennsylvania to access cannabis, and our store’s cutting-edge technologies will also continue to help us improve our operational efficiencies as we rapidly scale our retail operations in the commonwealth.”

The company also revealed that its subsidiaries intend to launch an additional six new stores by the end of 2021.

The 29% sequential growth in revenue Jushi recently experienced and reported in the first quarter can be mainly attributed to an increase in revenue at its BEYOND / HELLO stores in Pennsylvania and Illinois, in addition to Virginia retail operations and boosted activities at its Palms and Nevada facilities.

Verano Opens Third Zen Leaf Store In New Jersey, 34th MÜV Medical Dispensary In Florida

Cannabis company Verano Holdings Corp. (CSE:VRNO) (OTCQX:VRNOF) launched its third MÜV store in the Orlando metro area on Friday.

The medical dispensary located at 8103 Vineland Ave. is Verano’s 34th retail location in Florida.

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