Connect with us

Hi, what are you looking for?

Wednesday, Sep 28, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Business

Trulieve opens its first branded pot shop in Arizona

This is the company’s 14th store in the state

Trulieve receives medical cannabis sales license in Georgia
Photo via Trulieve

American cannabis operator Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) has opened its first branded store in Arizona after it acquired dispensaries from Harvest Health & Recreation.

This Friday the founder and CEO of Trulieve Kim Rivers and formerly Harvest Founder and CEO, Steve White will cut the ribbon to inaugurate the first cannabis dispensary in the Roosevelt Row neighbourhood in downtown Phoenix.

During the opening, there will be music, food trucks and special discounts and giveaways. Trulieve is also sponsoring the First Friday Art Walk, an event for people to enjoy amenities.

The new location will carry brands such as Alchemy, Avenue, Co2lors, loveli, Modern Flower, Muse, and Roll One. It will also carry partner brands such as Alien Labs, Connected and El Blunto.

Read more: Trulieve posts record first quarter revenue of US$318.3M

Read more: Trulieve launches supplier diversity campaign

Trulieve entered Arizona in October last year through the acquisition of Harvest Health & Recreation, which was the state’s largest cannabis retailer.

“We are thrilled to open our first Trulieve dispensary in this vibrant area of downtown Phoenix,” CEO Kim Rivers“We look forward to serving the community with our high-quality products and customer-centric approach to cannabis.”

“I am particularly excited to see Trulieve bring its world-class approach to delivering exceptional customer experiences to the Arizona market,” White said.

“Medical patients and adult use consumers can benefit from the collective experience of Harvest and Trulieve, two long-time operators and pioneers in the industry.”

Company stock went up by 0.17 per cent Wednesday to $17.31 on the Canadian Securities Exchange.

 

Follow Mugglehead on Twitter

Like Mugglehead on Facebook

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Business

The license expands on Trulieve's Southeastern hub

Business

The company says it will rebrand all of the Harvest shops in the state this year

Business

The firm had an adjusted EBITDA of US$105.5 million, up 4.5 per cent from US$100.9 million during the fourth quarter of 2021

Business

The firm says it wants to partner with more minority, women and veteran-owned local businesses as suppliers