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Green Thumb Industries Opens 26th Florida Retail Location in Belleview

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GTIICA$9.05 −1.09%

Green Thumb Industries Inc. (CSE:GTII) expanded its retail network on Friday with the opening of RISE Dispensary Belleview in Florida. The store represents the company's 26th retail location in the state and its third in Marion County, where Green Thumb already operates a cultivation and manufacturing facility in Ocala.

The new location strengthens the company's vertical integration in Marion County, sourcing products directly from its regional facility to supply local medical cannabis patients. The store adds to Green Thumb's regional workforce, which currently totals more than 100 employees in the county, while broadening its retail distribution footprint across Florida.

Investors will watch how the expansion supports Green Thumb's broader retail strategy as it scales its footprint across key state markets. The company plans to host an official grand opening celebration at the Belleview location on Nov. 20, with profits from the event designated for local charitable support.

Key points

  • Green Thumb Industries Inc. opened RISE Dispensary Belleview, its 26th store in Florida and third in Marion County.
  • The location relies on products grown and manufactured at the company's facility in nearby Ocala.
  • Green Thumb employs more than 100 staff members across Marion County.
  • Nationwide, Green Thumb operates more than 120 RISE retail dispensaries across 14 U.S. markets.

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Questions and answers

Where is the new RISE Dispensary located?

The store is located at 10907 & 10909 SE Highway 441 in Belleview, Florida.

How many retail locations does Green Thumb operate in Florida?

Green Thumb operates 26 RISE Dispensaries across Florida and more than 120 nationwide.

When is the grand opening event for RISE Dispensary Belleview?

A grand opening celebration is scheduled for November 20 at 9:00 a.m. ET.