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Green Thumb Expands National Retail Footprint to Over 100 Stores Nationwide with the Opening of RISE Carson City on US HWY 50 in Nevada and RISE Brooklyn Park in Minnesota

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Green Thumb Industries (GTBIF) marks a significant milestone with the opening of its 100th and 101st RISE Dispensaries on November 23. The new locations are RISE Carson City on US HWY 50 in Nevada (the company's 11th store in the state) and RISE Brooklyn Park in Minnesota (8th location in the state). RISE Carson City will operate daily from 8 a.m. to 10 p.m., offering products including RYTHM, Dogwalkers, and incredibles brands. RISE Brooklyn Park will operate Monday-Saturday 9 a.m.-7 p.m. and Sunday 10 a.m.-4 p.m. Grand opening profits will benefit local charities: The Boys & Girls Clubs of Western Nevada and Metro Meals on Wheels respectively.

Green Thumb Industries (GTBIF) segna una pietra miliare significativa con l'apertura dei suoi 100° e 101° Dispensari RISE il 23 novembre. Le nuove sedi sono RISE Carson City sulla US HWY 50 in Nevada (l'11° negozio dell'azienda nello stato) e RISE Brooklyn Park nel Minnesota (8ª posizione nello stato). RISE Carson City sarà aperto tutti i giorni dalle 8:00 alle 22:00, offrendo prodotti tra cui i marchi RYTHM, Dogwalkers e incredibles. RISE Brooklyn Park sarà aperto dal lunedì al sabato dalle 9:00 alle 19:00 e la domenica dalle 10:00 alle 16:00. I profitti dell'inaugurazione andranno a beneficio delle organizzazioni benefiche locali: i Boys & Girls Clubs of Western Nevada e Metro Meals on Wheels, rispettivamente.

Green Thumb Industries (GTBIF) marca un hito significativo con la apertura de sus 100° y 101° Dispensarios RISE el 23 de noviembre. Las nuevas ubicaciones son RISE Carson City en US HWY 50 en Nevada (la 11ª tienda de la compañía en el estado) y RISE Brooklyn Park en Minnesota (8ª ubicación en el estado). RISE Carson City operará diariamente de 8 a.m. a 10 p.m., ofreciendo productos que incluyen las marcas RYTHM, Dogwalkers e incredibles. RISE Brooklyn Park operará de lunes a sábado de 9 a.m. a 7 p.m. y el domingo de 10 a.m. a 4 p.m. Las ganancias de la inauguración beneficiarán a organizaciones benéficas locales: los Boys & Girls Clubs of Western Nevada y Metro Meals on Wheels, respectivamente.

그린 Thumb Industries (GTBIF)는 11월 23일 100번째와 101번째 RISE 약국 개설로 중요한 이정표를 세웁니다. 새 위치는 네바다의 US HWY 50에 위치한 RISE 카슨시티(주 내 11번째 매장)와 미네소타의 RISE 브루클린 파크(주 내 8번째 위치)입니다. RISE 카슨시티는 매일 오전 8시부터 오후 10시까지 운영되며, RYTHM, Dogwalkers 및 incredibles 브랜드를 포함한 제품을 제공합니다. RISE 브루클린 파크는 월요일부터 토요일까지 오전 9시부터 오후 7시까지, 일요일은 오전 10시부터 오후 4시까지 운영됩니다. 개점 수익은 지역 자선 단체인 웨스턴 네바다 소년 소녀 클럽과 메트로 밀스 온 휠스에 각각 기부됩니다.

Green Thumb Industries (GTBIF) marque une étape importante avec l'ouverture de ses 100e et 101e dispensaires RISE le 23 novembre. Les nouveaux emplacements sont RISE Carson City sur l'US HWY 50 dans le Nevada (le 11e magasin de l'entreprise dans l'État) et RISE Brooklyn Park dans le Minnesota (8e emplacement dans l'État). RISE Carson City sera ouvert tous les jours de 8 h à 22 h, offrant des produits incluant les marques RYTHM, Dogwalkers et incredibles. RISE Brooklyn Park sera ouvert du lundi au samedi de 9 h à 19 h et le dimanche de 10 h à 16 h. Les bénéfices de l'inauguration iront au profit d'œuvres de charité locales : les Boys & Girls Clubs of Western Nevada et Metro Meals on Wheels, respectivement.

Green Thumb Industries (GTBIF) erreicht einen bedeutenden Meilenstein mit der Eröffnung seiner 100. und 101. RISE Apotheken am 23. November. Die neuen Standorte sind RISE Carson City an der US HWY 50 in Nevada (der 11. Laden des Unternehmens im Bundesstaat) und RISE Brooklyn Park in Minnesota (8. Standort im Bundesstaat). RISE Carson City wird täglich von 8:00 bis 22:00 Uhr geöffnet sein und Produkte wie die Marken RYTHM, Dogwalkers und incredibles anbieten. RISE Brooklyn Park wird von Montag bis Samstag von 9:00 bis 19:00 Uhr und Sonntag von 10:00 bis 16:00 Uhr geöffnet sein. Die Gewinne der Eröffnungsfeier kommen örtlichen Wohltätigkeitsorganisationen zugute: den Boys & Girls Clubs of Western Nevada und Metro Meals on Wheels.

Positive
  • Expansion milestone reached with 100+ retail locations nationwide
  • Strategic market presence with 11 stores in Nevada and 8 in Minnesota
  • Diversified product portfolio across multiple cannabis brands
Negative
  • None.

Green Thumb's retail footprint surpasses 100 locations nationwide with the opening of its 11th location in Nevada and 8th location in Minnesota on Saturday, November 23.

  • Conveniently situated near Lincoln Highway, RISE Dispensary Carson City on US HWY 50 will open at 3060 US-50 E, Carson City, NV 89701.
  • Just 20 minutes north of downtown Minneapolis, RISE Dispensary Brooklyn Park will open at 8016 Brooklyn Blvd., Brooklyn Park, MN 55445.
  • As is customary with all new RISE openings, grand opening profits will benefit local community partners. Profits from the RISE Dispensary Carson City on US HWY 50 grand opening will benefit The Boys & Girls Clubs of Western Nevada; profits from the RISE Dispensary Brooklyn Park grand opening will benefit Metro Meals on Wheels.

CHICAGO and VANCOUVER, British Columbia, Nov. 22, 2024 (GLOBE NEWSWIRE) -- RISE Dispensaries, a rapidly growing cannabis retail chain owned by Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), today announced the opening of its landmark 100th retail location, with RISE Dispensary Carson City on US HWY 50 on November 23, located at 3060 US-50 E, Carson City, NV 89701. In addition, the Company announced the opening of its 101st retail location with RISE Dispensary Brooklyn Park on November 23, located at 8016 Brooklyn Blvd., Brooklyn Park, MN 55445. The two new locations represent the 11th and 8th dispensaries to open in Nevada and Minnesota, respectively.

Beginning November 23, RISE Dispensary Carson City on US HWY 50 will proudly offer hand-picked, high-quality products and exceptional patient and customer care as Green Thumb’s milestone 100th retail location. Operating from 8 a.m. to 10 p.m. daily, the new dispensary will feature a broad selection of products, including RYTHM premium flower and vapes, Dogwalkers pre-rolls, and incredibles gummies and chocolates. Conveniently located downtown in Nevada’s bustling capital, Carson City, the new RISE location marks the second RISE Dispensary in the area.

RISE Dispensary Carson City on US HWY 50 will celebrate its grand opening event on November 23 and will include special discounts, giveaways for the first 100 attendees, and a ribbon-cutting ceremony. Guests can also enjoy food from local food truck Bus Boy Mobile.

“It is a historic day at Green Thumb as we open our 100th and 101st RISE Dispensaries, serving more patients and customers on their journey to well-being than ever before,” said Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler. “ The first RISE branded dispensary opened in Carson City in 2016, so being back here to open our 100th store is an extremely special moment. We are incredibly grateful to the team who made this milestone a reality and the communities who have welcomed us since our first store opened in Mundelein, Illinois, including our new neighbors in Carson City, Nevada and Brooklyn Park, Minnesota. We look forward to giving back to those communities by partnering with local non-profit organizations.”

Profits from the RISE Dispensary Carson City on US HWY 50 grand opening will benefit The Boys & Girls Clubs of Western Nevada, an organization that positively impacts young people by providing a safe, structured, and positive environment where they can build relationships with caring adults, participate in fun and engaging programs, learn important skills, make new friends, and develop their talents.

Profits from the RISE Dispensary Brooklyn Park grand opening will benefit Metro Meals on Wheels, a mission-driven nonprofit dedicated to providing fresh, nutritious meals to seniors and individuals with disabilities throughout the Twin Cities metro area.

RISE Dispensary Brooklyn Park in Minnesota also opens on November 23 and will offer patients carefully curated, best-in-class products and patient-centric service offerings, such as roll-thru service. Located in the northwestern suburbs of Minneapolis, RISE Dispensary Brooklyn Park will be open Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 10 a.m. to 4 p.m., with a wide selection of award-winning products and brands, including RYTHM, Dogwalkers, incredibles and Beboe. RISE Dispensary team members with extensive knowledge and experience are available to help patients throughout their retail experience.

Green Thumb became a part of the Nevada cannabis community in 2016 when the first ever RISE branded dispensary opened its doors in Carson City. Today, Green Thumb operates one production facility in Carson City and two in Las Vegas, where it grows and manufactures its branded products. The Company is dedicated to upholding the highest quality standards in cultivation and production, ensuring that each product delivers a consistent, true-to-plant experience. In addition to the new RISE Dispensary Carson City on US HWY 50, the Company operates ten other locations in Nevada, including stores in Carson City, Henderson, Las Vegas on Craig Road, Las Vegas on Nellis, Las Vegas on South Durango, Las Vegas on South Rainbow, Las Vegas on West Tropicana, Reno, Spanish Springs, and Cookies on the Strip Dispensary Las Vegas.

Green Thumb became a part of the Minnesota cannabis community in 2021 and currently operates a production facility in Cottage Grove, where it grows and manufactures its branded products. The Company is dedicated to upholding the highest quality standards in cultivation and production, ensuring that each product delivers a consistent, true-to-plant experience. In addition to the new RISE Brooklyn Park, there are seven other RISE Dispensaries in Minnesota, including stores in Baxter, Eagan, Mankato, New Hope, St. Cloud, St. Paul and Willmar.

For more information on RISE Dispensaries' locations, product offerings, or other services, visit www.risecannabis.com.

About RISE Dispensaries
RISE Dispensaries is a national cannabis retailer on a mission to promote well-being through the power of cannabis. Founded by Chicago-based Green Thumb Industries, RISE Dispensaries bring patients and customers the best, hand-picked products at a great value – all while providing best-in-class service, such as home delivery, virtual pharmacist consultations and mobile pre-ordering (services vary by market). RISE offers premium, high-quality cannabis products in a welcoming environment, featuring Green Thumb's award-winning family of brands such as &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM. Since opening its doors in 2015, RISE has grown its national footprint to 101 retail locations across 14 U.S. markets and serves millions of patients and customers each year. More information is available at www.risecannabis.com.

Investor Contact:
Andy Grossman
EVP, Capital Markets & Investor Relations
InvestorRelations@gtigrows.com
310-622-8257

Media Contact:
GTI Communications
media@gtigrows.com

This press release was published by a CLEAR® Verified individual.


FAQ

When did Green Thumb (GTBIF) open its 100th RISE Dispensary?

Green Thumb opened its 100th RISE Dispensary on November 23, 2024, in Carson City, Nevada.

What are the operating hours of RISE Carson City on US HWY 50 (GTBIF)?

RISE Carson City operates daily from 8 a.m. to 10 p.m.

How many RISE Dispensaries does Green Thumb (GTBIF) operate in Nevada?

Green Thumb operates 11 RISE Dispensaries in Nevada, including the new Carson City location.

Which local organizations will benefit from the new RISE Dispensaries' grand openings?

The Boys & Girls Clubs of Western Nevada will benefit from the Carson City location, while Metro Meals on Wheels will benefit from the Brooklyn Park location.

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