At the moment operating 43 dispensaries across the US, Curaleaf Holdings, Inc. (CSE: CURA OTCQX: CURLF) capped the week by opening two new places in Florida.
Previously serving as a item fulfillment center, the Gainesville web-site has now been converted into a complete service dispensary with an added concentrate on cannabis education efforts. The retailer involves a meeting space to be made use of the neighborhood neighborhood exactly where Curaleaf will host month-to-month gatherings of sufferers and healthcare employees.
The second dispensary in Miami is also notable for offering a medical marijuana drive by way of service. Originally beginning with the company’s existing Palm Harbor dispensary final year, Curaleaf is aiming to expand that service idea to far more places.
Chief Executive Officer Joe Lusardi commented on the motivation behind the Miami store’s drive by way of facility:
Understanding lots of of our sufferers reside with debilitating circumstances that may perhaps influence mobility, we are proud to now give Miami region sufferers our premium high quality healthcare marijuana merchandise by way of on the internet orders that may perhaps be fulfilled by way of our drive-thru or no cost delivery service.
Smokable healthcare marijuana was only legalized in Florida earlier this week when Governor Ron DeSantis signed legislation repealing a former ban.
That sudden legalization has resulting in licensed producers such as Curaleaf and Trulieve (OTCMKTS: TCNNF) rushing to give entire flower merchandise to sufferers across the state. It was extensively reported in Florida neighborhood news sources that Trulieve sold the state’s very first legal medical whole flower cannabis at the company’s Tallahassee dispensary yesterday.
Aside from opening new dispensaries across the nation, Curaleaf’s stock cost shot up drastically earlier this week right after the enterprise announced it would be supplying hemp-primarily based CBD merchandise to the nationwide CVS pharmacy chain.
Lotions, creams, and sprays containing hemp-derived CBD will seem in CVS retailer aisles across 4 states subsequent week, with added CBD distributed offers anticipated to be revealed in the coming months.
Curaleaf additionally announced a deal earlier this week to obtain Nevada-primarily based cultivation enterprise Acres Cannabis for $45 million in a bid to improve vertical integration in the state.
A complete breakdown of Curaleaf’s latest quarterly monetary reports, as nicely as the prospective influence of the CVS deal, can be read more than right here.