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Green Thumb continues its expansion in Florida with the opening of two RISE dispensaries in Tallahassee on July 12




Green Thumb Industries announces the opening of two RISE dispensaries in Tallahassee, Florida on July 12. With the new dispensaries at 2459 Mahan Drive and 1412 W Tennessee Street, RISE now has 19 locations in Florida and 96 nationwide. Both locations are open Monday through Saturday from 9 a.m. to 8 p.m. and Sunday from 11 a.m. to 6 p.m.

Grand opening festivities will be held on August 23 for the Tennessee Street location and August 30 for the Mahan Drive location. Events will include product offerings, local vendors and a grand opening. Both dispensaries will offer delivery service, online menus and roll-thru service at the Tennessee Street location.

Green Thumb, which entered the Florida market in 2018, also operates two production facilities in Ocala and Homestead and produces a range of cannabis products, including RYTHM premium flower and full-spectrum vapes, Dogwalkers pre-rolls and Doctor Solomon's tinctures.

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  • Green Thumb Industries opens two new RISE dispensaries in Tallahassee, expanding its presence to 19 locations in Florida and 96 nationwide.

  • The dispensaries will offer a wide range of cannabis products and services at the Tennessee Street location, including delivery and roll-thru services.

  • Grand opening events with product offerings and local vendors are planned for August 23 and 30.

  • Green Thumb continues to expand its presence in Florida, a key market since 2018.








  • RISE Dispensaries celebrates its debut in Florida's capital with the opening of RISE Tallahassee on Mahan, 2459 Mahan Drive, and RISE Tallahassee on Tennessee, 1412 W Tennessee Street.
  • Both locations are conveniently located near Highway 90 and bring the total number of RISE dispensaries to 19 locations throughout Florida.
  • RISE Tallahassee in Tennessee will host a grand opening on August 23rd and RISE Tallahassee in Mahan will host a grand opening on August 30th.

CHICAGO and VANCOUVER, British Columbia, July 10, 2024 (GLOBE NEWSWIRE) – RISE Pharmaciesa fast-growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced the upcoming opening of RISE Dispensary Tallahassee on Mahan, 2459 Mahan Drive, and RISE Dispensary Tallahassee on Tennessee, 1412 W Tennessee Street, on July 12. The two locations expand the Company's retail presence to 19 locations in Florida and 96 nationwide.

Beginning July 12, RISE Tallahassee on Mahan and RISE Tallahassee on Tennessee will bring RISE Dispensaries' world-class products and services to Florida's capital city. Both locations will be open Monday through Saturday from 9 a.m. to 8 p.m. and Sunday from 11 a.m. to 6 p.m. Located in the largest city in the Florida Panhandle, RISE Tallahassee on Mahan and RISE on Tennessee are ideally positioned to serve Tallahassee's vibrant patient community and surrounding neighborhoods.

“We are excited to serve the Leon County community with not one, but two RISE dispensaries. Both Tallahassee locations will provide patients with access to the exceptional care and high-quality, award-winning products that have become synonymous with RISE throughout the state,” said Anthony Georgiadis, President of Green Thumb. “Local patients are also invited to attend our grand opening celebrations at both locations in August, where profits will be donated to long-time partner RISE Dispensaries. Minorities for Medical Marijuana (M4MM)whose purposeful work provides education and programs to build a more accessible and equitable cannabis industry.”

Both RISE dispensaries invite patients from the area to attend their grand opening events. The celebration will be held on Friday, August 23rd at RISE Tallahassee in Tennessee, and the celebration will be held the following Friday, August 30th at RISE Tallahassee in Mahan. Each event will feature product offerings, local vendors, and a grand opening at 11 a.m. ET with representatives from the Greater Tallahassee Chamber of Commerce.

The new RISE Dispensaries in Tallahassee offer delivery service and online menus with a wide variety of cannabis products available, including RYTHM premium flower and full-spectrum vapes, Dogwalkers pre-rolls, Good Green flower, Doctor Solomon's tinctures and &Shine flower, pre-rolls, vapes and chews. The RISE Dispensary Tallahassee in Tennessee also offers roll-thru service, where patients can place their order from home and pick it up at a drive-thru window. A team of patient care professionals at each location is available to answer patient questions and provide free in-person consultations online and in-store. Information on how to become a medical cannabis patient is available via email RISEmed@gtigrows.comFor more information about RISE Dispensaries locations, product offerings and other services, visit www.risecannabis.com.

Based in Florida since 2018, Green Thumb operates two manufacturing facilities in Ocala and Homestead, where the company grows and produces its branded products. Green Thumb's cultivation and manufacturing practices adhere to the highest quality standards to ensure all products provide a true-to-life, consistent experience. The company's retail brand, RISE Dispensaries, is dedicated to expanding access to wellness through cannabis and making a positive impact on the communities it serves. In addition to the two new RISE locations in Tallahassee, there are 17 other RISE dispensaries in Florida, including locations in Bonita Springs, Brandon, Clearwater, Crystal River, Deerfield Beach, Dunnellon, Fruitland Park, Hallandale Beach, Kendall, New Port Richey, Oviedo, Pinellas Park, Port Orange, Sun City Center, Tampa, Wesley Chapel and West Palm Beach.

About RISE Dispensaries
RISE Dispensaries is a national cannabis retailer with a mission to promote wellness through the power of cannabis. Founded by Chicago-based Green Thumb Industries, RISE Dispensaries offers patients and customers the finest, hand-selected products at a great value – all while offering best-in-class service, including home delivery, virtual pharmacist consultations and mobile pre-ordering (services vary by market). RISE offers premium, high-quality cannabis products in a welcoming environment and showcases Green Thumb's award-winning family of brands including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and RYTHM. Since opening in 2015, RISE has expanded its national presence to 96 retail locations in 14 U.S. markets, serving millions of patients and customers each year. For more information, visit www.risecannabis.com.

Cautionary note regarding forward-looking information
This press release contains statements that may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information can often be identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” or similar expressions and includes information regarding the Company's expected growth. The forward-looking information in this press release is based on what management believes to be reasonable expectations of future events. All forward-looking information speaks only as of the date hereof and, except as required by law, Green Thumb undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The forward-looking information in this press release is subject to a number of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied. In considering these forward-looking statements, readers should consider the risk factors and other cautionary statements in Green Thumb's public filings with applicable securities regulatory authorities, including the U.S. Securities and Exchange Commission on its website at www.sec.gov and with Canada’s SEDAR+ at www.sedarplus.caand on the Green Thumb website at https://investors.gtigrows.comincluding in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K.

Contact for investors:
Andy Grossman
EVP, Capital Markets and Investor Relations
InvestorRelations@gtigrows.com
310-622-8257

Media contact:
GTI Communication
media@gtigrows.com


FAQ



When will the new RISE dispensary locations open in Tallahassee?

The new RISE Pharmacy locations in Tallahassee will open on July 12.


Where are the new RISE pharmacies in Tallahassee?

The new RISE pharmacies are located at 2459 Mahan Drive and 1412 W Tennessee Street in Tallahassee.


What services will the new RISE pharmacies in Tallahassee offer?

The new RISE pharmacies will offer delivery, online menus and roll-thru service at the Tennessee Street location.


When are the grand opening events for the new RISE pharmacies in Tallahassee?

The grand opening event for the Tennessee Street location will be on August 23rd and for the Mahan Drive location on August 30th.


What does the opening of the new RISE dispensaries in Tallahassee mean for Green Thumb Industries?

With the opening of the new RISE dispensaries in Tallahassee, Green Thumb Industries expands its retail presence to 19 locations in Florida and 96 nationwide, strengthening its market presence.



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