Skip to main content

Green Thumb Industries to Open Rise Warminster in Pennsylvania, Its 62nd Retail Location in the Nation, on August 10

CHICAGO and WARMINSTER, Penn., Aug. 09, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, today announced it will open Rise Warminster, the 16th Rise™ location in Pennsylvania and 62nd store nationwide, on Tuesday, August 10. Profits from the first day of sales will be donated to National Giving Alliance (NGA) which works to improve the quality of life for homeless, low-income and moderate-income children, women and men by collecting and distributing new clothes, linens and toiletries.

“The opening of Rise Warminster marks number 16 in the Commonwealth, our deepest dispensary footprint serving a single market and a true testament to the support of cannabis for well-being in communities across Pennsylvania,” said Green Thumb Founder and Chief Executive Officer Ben Kovler. “Each new store opening begins with community impact, and NGA is doing incredible work providing those with low-income or experiencing homelessness with essential items like clothes, toiletries and household items that are not covered by supplemental governmental programs. We look forward to providing more Pennsylvanians with medical cannabis while supporting a local organization doing good in the community.”

“National Giving Alliance is honored to be selected by Rise Dispensaries to receive proceeds from their opening day sales of their Warminster location. NGA relies upon private citizens and the business community to help support its mission of providing new clothes, new toiletries and new linens to homeless and low-income children, families, women and men,” said Lisa Tordo, Executive Director of National Giving Alliance.

In addition to Rise Warminster, there are Rise™ stores in the following locations in Pennsylvania: Chambersburg, Cranberry, Duncansville, Erie (Lake), Erie (Peach), Hermitage, King of Prussia, Latrobe, Meadville, Mechanicsburg, Monroeville, New Castle, Carlisle, Steelton and York, the last three of which are licensed to KW Ventures. Green Thumb entered the Pennsylvania market in 2017 and operates a manufacturing facility in Danville where the company produces its branded products including Rythm premium flower and full-spectrum vapes and Doctor Solomon’s medical-grade drops and lotions.

Rise Warminster is located at 435 York Road in Warminster. Regular hours are Monday through Saturday from 8 a.m. to 8 p.m. and Sunday from 9 a.m. to 5 p.m. Visit www.risecannabis.com for more information.

About Green Thumb Industries:

Green Thumb Industries Inc. (“Green Thumb”), a national cannabis consumer packaged goods company and retailer, promotes well-being through the power of cannabis while giving back to the communities in which it serves. Green Thumb manufactures and distributes a portfolio of branded cannabis products including Beboe, Dogwalkers, Dr. Solomon’s, incredibles, Rythm and The Feel Collection. The company also owns and operates rapidly growing national retail cannabis stores called Rise™ Dispensaries. Headquartered in Chicago, Illinois, Green Thumb has 16 manufacturing facilities, licenses for 111 retail locations and operations across 14 U.S. markets. Established in 2014, Green Thumb employs over 2,900 people and serves thousands of patients and customers each year. The company was named to Crain’s Fast 50 list in 2021 and a Best Workplace by MG Retailer magazine in 2018 and 2019. More information is available at www.GTIgrows.com.

Investor Contact: Media Contact:
   
Jennifer Dooley Grace Bondy
Chief Strategy Officer Corporate Communications
InvestorRelations@gtigrows.com gbondy@gtigrows.com
310-622-8257 517-672-8001

Source: Green Thumb Industries

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.