As the quantity of registered health-related marijuana individuals continues to develop across the state, Trulieve Cannabis Corp. (CSE: TRUL OTCQX: TCNNF) just opened dispensary quantity 33 in Florida.
This most up-to-date storefront is now up and operating in Important West and is aimed at serving individuals in the Florida Keys area.
A lot more than 260,000 individuals have registered via the state’s health-related marijuana plan as of September, with north of two,000 physicians assisting individuals in gaining access to a health-related card.
Aside from supplying items to stroll in individuals at these 33 separate areas, Trulieve has also launched a statewide property delivery service, which is a model now being utilized in states like California and Nevada by other cannabis businesses.
Discussing the company’s most up-to-date work to improve access in an additional area of the state, Trulieve Chief Executive Officer Kim Rivers commented:
Florida has one particular of the quickest increasing registries in the health-related cannabis space, with thousands of individuals getting added each and every week looking for organic but successful relief. Expanding direct access to these drugs, specifically to individuals who may well not have the potential to pay a visit to a physical storefront in the previous, is often going to be our concentrate.
The Important West place follows the launch of a Port Charlotte dispensary final week, which was marked by a grand opening celebration supplying 25% discounts to Florida individuals.
In other recent news, Trulieve just recruited each a new Director of Corporate Development and a Director of Wholesale to oversee huge scale expansion projects. The corporation moreover started selling O.penVAPE pens and cartridges in Florida earlier this summer time.
When vape items have skyrocketed in reputation on each the CBD and THC sides this year, the fate of flavored vape cartridges is at the moment up in the air just after a string of adverse news stories about lung challenges suspected to be brought on by vaping.
That uncertainty on the future of vaping in the United States may well be a contributing aspect in the company’s existing stock value, which is sitting at $eight.73 a share. Trulieve’s stock has been on a typical decline more than the previous 5 months, dropping kind the higher $14 variety back in April.