New York City – February 1, 2021 (Investorideas.com Newswire) Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (” Columbia Care” or the “Business”) revealed it has actually been granted 5 medical dispensary licenses by the West Virginia Workplace of Medical Cannabis (” OMC”). Columbia Care presently holds among just 10 cannabis processing licenses and among 10 growing licenses, in addition to a hemp growing license. The OMC has actually likewise granted a dispensary license to Green Leaf Medical (” Green Leaf”), the personal cannabis multi-state operator that Columbia Care stays on track to get in Summertime 2021 pending regulative approval.
These licenses permit the Business to run retail dispensaries in the cities of Beckley, Fayetteville, Morgantown, St. Albans, and Williamstown, offering clients access to Columbia Care’s leading portfolio of pharmaceutical-grade items, and its wholesale partners, throughout the main and northern areas of the state. In addition, the Business’s growing and processing capability will likewise permit a robust wholesale program that will bring the Business’s market-leading portfolio of items to the remainder of the state. Green Leaf’s dispensary license in Charleston will likewise deepen the Business’s existence in the state’s capital and most populated city.
” We are grateful to the choice makers in West Virginia, in specific the OMC, for choosing us to bring our high-touch patient-focused dispensary experience and premium item portfolio to finest serve clients throughout West Virginia,” stated Nicholas Vita, CEO of Columbia Care. “Being picked for approximately 6 dispensary licenses, in addition to growing and processing licenses, is a terrific honor and allows us to pursue crucial retail and wholesale market chances within this limited-license state. In combination with our acquisition of Green Leaf, developing out our vertically incorporated West Virginia operations will even more improve our scale and footprint in the mid-Atlantic. We eagerly anticipate boosting the lives of our West Virginia clients and, by doing so, strengthening our market-leading position in the area to continue to serve those who select to consist of cannabis in their journey back to brought back health and health.”
About Columbia Care
Columbia Care is among the biggest and most skilled farmers, makers and service providers of medical and adult usage cannabis items and associated services with licenses in 18 United States jurisdictions and the EU. Columbia Care presently runs 108 centers[i] consisting of 81 dispensaries and 27 growing and production centers. Columbia Care is among the initial service providers of medical cannabis in the United States, and continues to provide an industry-leading, patient-centered medical cannabis operation that has actually rapidly broadened into the adult usage market as a premier operator. The business presently uses items covering flower, edibles, oils, and tablets, and makes popular brand names consisting of Seed & & Stress, Amber and Platinum LabelCBD With more than 4 million sales deals considering that its beginning in 2012, Columbia Care is understood for setting the requirement for empathy, professionalism, quality, care, and development in the quickly broadening cannabis market. For additional information on Columbia Care, please go to www.col-care.com.
Care Worrying Forward-Looking Statements
This news release includes specific declarations that make up positive info within the significance of appropriate securities laws and show the Business’s existing expectations relating to future occasions. The Business has actually made presumptions with regard to the growth of its Boston dispensary, which although thought about sensible by the Business at the time of preparation, might show to be inaccurate, in addition to other threat elements gone over under “Threat Aspects” in Columbia Care’s Yearly Details Type dated March 31, 2020, submitted with the appropriate Canadian securities regulative authorities on SEDAR at www.sedar.com and explained from time to time in files submitted by the Business with Canadian securities regulative authorities.
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