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Where to buy weed legally: Cannabis shops are popping up in Florida and Ohio as Canadian retail giant celebrates milestone – Ascend Wellness Holdings (OTC:AAWH)


Where to buy weed legally: Cannabis shops are popping up in Florida and Ohio as Canadian retail giant celebrates milestone – Ascend Wellness Holdings (OTC:AAWH)

Florida’s four new cannabis stores

Even though recent polls in Florida showed mixed views on support for the referendum to legalize marijuana for recreational use, cannabis companies continue to expand their retail presence across the state.

Cannabis giant Curaleaf Holdings, Inc. CURA CURLF started selling at 2E 9 Mile Rd, Pensacola store on August 9. This is the company’s second medical dispensary in the area and is located in the shopping district along the city’s historic Nine Mile Road and offers a wide variety of cannabis products and brands, including the new Select Fruit STIQ all-in-one vaporizer, JAMS edibles, B NOBLE and the two-gram all-in-one vaporizer, Select BRIQ.

Last week, Curaleaf opened another medical cannabis shop in Florida, at 34761 Emerald Parkway, Suite #02, in Destin. It is the company’s first medical pharmacy in Okaloosa County, serving the scenic coastal strip along Henderson Beach State Park.

In the meantime, the Las Vegas cannabis powerhouse Planet 13 Holdings Inc. PLTH PLNH opens Planet 13 Ocala on Wednesday, August 13, 8750 SW 200th St. Suite 101. Bob Groesbeck, The company’s co-CEO said this is his 27th cannabis shop in the Sunshine State.

And finally, Florida-based medical cannabis giant Trulieve TCNNFwhich has committed nearly $55 million to support the legalization initiative known as Amendment 3, held a grand opening ceremony at its new medical cannabis dispensary in New Port Richey on Friday, August 16. Located at 7002 State Rd 54The new store is Trulieve’s second pharmacy in New Port Richey, Managing Director Kim Rivers said.

Also read: Ron DeSantis criticizes Trulieve’s alleged ‘Canadian’ ties in his fight against cannabis legalization

Ohio’s marijuana market is booming

Ohio is experiencing a surge in cannabis sales after recently legalizing marijuana for recreational use. Moreover, the state appears to be on track to generate approximately $842 million in annual recreational sales if this trend continues, considering that dispensaries across the state generated over $11.5 million in sales between August 6 and August 10, according to data from the Ohio Division of Cannabis Control.

That means, Ascend Wellness Holdings, Inc. AAWH AAWHa vertically integrated multi-state cannabis operator, last week expanded access to recreational sales at its fifth Ohio location. As of Thursday, August 15, the company’s business is at 3560 Dolson Ct NW ​​#B in Carroll, began serving non-medical customers ages 21 and older, joining other Ascend stores in Cincinnati, Coshocton, Piqua and Sandusky.

Ethos Cannabis also began selling cannabis at its Lebanon dispensary. With this move, Ethos Cannabis joined over 100 other dispensaries across the state that now sell marijuana for recreational use. Other Ethos dispensaries will follow soon, including a store in New Lexington set to open in mid- to late October offering medical and recreational cannabis, and a third location in January 2025.

Other states follow suit

In Canna-Remedies of New Jersey, Holder of a cannabis license for adults, celebrated the opening of his pharmacy at 2175 Spruce Street in Ewing last week. The friends-and-family-run, pharmacist-led cannabis destination, which serves all of Mercer County, including Trenton and beyond, kicked off its opening week with a community celebration featuring discounts, giveaways and treats at the ice cream truck.

Cookies, the international cannabis and lifestyle brand from the rapper Bernese, also known Gilbert Anthony Milam Jr., held the grand opening of its second adult-use cannabis pharmacy in New Mexico last week. Location 1500 Appaloosa Dr., Ste B in Sunland Park, The brand’s first retail store in southern New Mexico will showcase Cookies’ world-renowned product lineup along with a curated selection of local cannabis brands beginning Saturday, August 17.

As of last week, the newest pharmacy in the Detroit, Michigan metropolitan area – NOXX Cannabis – started selling cannabis and now serves customers who use marijuana for recreational purposes. Located at 23622 Woodward Ave, The pharmacy is located on the Woodward Dream Cruise route between 9 Mile Road and 10 Mile Road.

Canadian cannabis retail giant celebrates milestone

High Tide Inc. HIT HIT 2LYA At the beginning of August, the company announced that Cabana Club Loyalty program has exceeded 1.5 million members across Canadawhich corresponds to an annual growth rate of 37%.

Since High Tide introduced its innovative discount club model in October 2021, over 1.2 million members have joined the loyalty program, an increase of more than 400% since launch.

“With our long-term goal of reaching at least 300 locations across Canada, we believe our Cabana Club membership will continue to grow to over 2 million members in the coming months and years,” said Raj Grover, Founder and CEO of High Tide.

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