Cresco Labs Granted Approval To Open First Medical Marijuana Dispensary In Ohio

OHIO: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced that it has been granted the first approval to operate a marijuana dispensary in the state of Ohio. The new facility located in the village of Wintersville, named CY+ (pronounced “see why plus”), will offer a wide selection of pharmaceutical-grade cannabis for physician-certified patients across Ohio.

Cresco-Logo_Blue“Receiving the first approval to operate is a major milestone in the transformation of the cannabis program in Ohio,” said Charles Bachtell, CEO of Cresco Labs. “This is also a big step forward for Cresco along our path of unparalleled speed to market, powerful influence in industry development, and proven execution in consumer markets.”

The CY+ dispensary will offer a full selection of premium-quality medical marijuana for patients who have been physician-certified to have any one of 21 approved medical conditions. In addition to the dispensary in Wintersville, Cresco Labs has built an environmentally-advanced 50,000 square foot growing and cultivation facility in Yellow Springs, Ohio which will supply statewide dispensaries with Cresco’s full suite of branded products.

“At Cresco, we pride ourselves on understanding the individual needs of each and every one of our patients. Our Wintersville staff is trained by leading cannabis doctors and researchers across the country to ensure that our patients’ specific needs are consistently met. In Wintersville we will continue to advance our mission of normalizing and professionalizing the cannabis industry for consumers,” Bachtell added.

The Wintersville dispensary features private, one-on-one consultation areas where patients can feel comfortable discussing their conditions or symptoms and exploring the appropriate medical marijuana products. Products offered will range from edibles, vape pens and cartridges to oral sprays, pills, and transdermal patches. Video footage of the new dispensary can be downloaded and viewed here.

Future Farm Signs Dispensary Lease for High Traffic Puerto Rico Location

CANADA: Future Farm Technologies Inc., which has built a portfolio of projects across the United States and the Commonwealth of Puerto Rico, announced that its Puerto Rico subsidiary has signed the first of five planned leases for its Clinica Verde branded Puerto Ricodispensaries. The Company expects to sign two more leases in the next thirty days with the additional two leases to follow soon after.

The Future Farm Clinica Verde branded dispensary is located in the Condado neighborhood of San Juan, one of the island’s most highly trafficked areas.

“Now that we have identified a prime dispensary location and signed a lease we are excited to work on the build out,” comments William Gildea, Chairman and CEO of Future Farm. “We look forward to providing clean cannabis to the island’s patients and generating sales.”

Future Farm continues to execute on its strategy of building a portfolio of valuable, revenue-generating assets in the fastest growing cannabis and hemp markets in North America. Mr. Gildea continues, “I look forward to building out and adding to our existing portfolio, which has grown quickly over the past year with assets in Rhode IslandMaineCalifornia and Florida.”