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Cresco Labs Expands Retail Presence in Orlando, Florida
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Rhea-AI Summary
Cresco Labs (OTCQX:CRLBF) announced the opening of its second dispensary in Orlando, Florida, marking the 21st store in the state and the 55th nationwide. This expansion targets the growing medical cannabis market, which now serves nearly 770,000 qualified patients in Florida. The new store aims to enhance accessibility to Cresco's branded products, aiming to serve both new and existing patients. Customers can order online or utilize next-day delivery, with regular hours set from 10 AM to 8 PM (Mon-Sat) and 10 AM to 5 PM (Sun).
Positive
Opening of 55th dispensary nationwide enhances Cresco’s retail footprint.
Expansion to serve nearly 770,000 qualified medical cannabis patients in Florida.
Enhanced accessibility for patients in Orlando and nearby communities.
Negative
None.
CHICAGO--(BUSINESS WIRE)--
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the opening of its second dispensary in Orlando, Florida, located at 6690 W Colonial Dr. The new location is Cresco’s 21st store to open in the Sunshine State and 55th nationwide.
Cresco Labs opened its second dispensary in the Orlando area, expanding its Florida retail presence to 21 total stores. (Photo: Business Wire)
“As we see one of the country’s largest medical programs continue to expand to nearly 770,000 qualified patients, we’re focused on growing our retail footprint in Florida to bring greater access to our branded products,” said Charlie Bachtell, CEO and Co-founder of Cresco Labs. “We’re excited to serve new and current patients in Orlando and nearby communities in Orange County through our second store where they can find the same quality, trusted cannabis products enjoyed by our patients throughout the state.”
Sunnyside W Orlando resides on State Road 50 along W Colonial Drive which travels from downtown Orlando to neighboring communities of Pine Hills, Ocoee, Winter Garden and Oakland. Cresco has another store in Fern Park.
The store will serve patients with a medical card issued by the state of Florida. Patients can place orders online through the Sunnyside.shop website or utilize next-day delivery. Orders can also be placed both in-store or via phone at 877-395-1009. Regular store hours are Monday through Saturday, 10AM to 8PM, and Sunday, 10AM to 5PM.
About Cresco Labs Inc.
Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the United States, with a mission to normalize and professionalize the cannabis industry. Employing a consumer-packaged goods (“CPG”) approach, Cresco Labs is the largest wholesaler of branded cannabis products in the U.S. Its brands are designed to meet the needs of all consumer segments and comprised of some of the most recognized and trusted national brands including Cresco, High Supply, Mindy's Edibles, Good News, Remedi, Wonder Wellness Co. and FloraCal Farms. Sunnyside, Cresco Labs’ national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco Labs operates the industry’s largest Social Equity and Educational Development initiative, SEED, which was established to ensure that all members of society have the skills, knowledge and opportunity to work and own businesses in the cannabis industry. Learn more about Cresco Labs at www.crescolabs.com.
What is the significance of Cresco Labs opening a new dispensary in Orlando, Florida?
Cresco Labs' new dispensary in Orlando expands its retail presence to 21 stores in Florida, enhancing access to cannabis products for the growing number of medical patients in the state.
What are the operating hours of the new Cresco Labs dispensary in Orlando?
The new Cresco Labs dispensary in Orlando operates Monday to Saturday from 10 AM to 8 PM and Sunday from 10 AM to 5 PM.
How can patients order from the new Cresco Labs dispensary in Orlando?
Patients can place orders online through Sunnyside.shop, by phone, or in-store at the new Cresco Labs dispensary in Orlando.
How many dispensaries does Cresco Labs have nationwide?
Cresco Labs now has a total of 55 dispensaries nationwide following the opening of the Orlando location.
What is the market size for medical cannabis in Florida?
The medical cannabis market in Florida serves nearly 770,000 qualified patients, indicating significant growth potential for operators like Cresco Labs.