Cresco Labs Opens New Sunnyside Dispensary in Daytona Beach, Florida

Rhea-AI Summary

Cresco Labs announced the opening of its newest Sunnyside dispensary in Daytona Beach, Florida, marking its 23rd dispensary in the state and 58th nationwide. The new location is strategically situated on a busy thoroughfare, enhancing patient access to Cresco's top-quality cannabis products. The dispensary will offer a diverse range of products from Cresco's branded portfolio and accessories. This expansion underscores Cresco's commitment to growth in key markets like Florida in 2023, aiming to meet the needs of a growing consumer base.

Positive

• Opened 58th dispensary nationwide, expanding retail footprint.
• Strategic location near Interstate 95 and Daytona International Speedway, increasing customer access.
• Offering a wide assortment of cannabis products and accessories.

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company), a vertically integrated multistate cannabis operator and the No. 1 U.S. wholesaler of branded products, today announced it has opened its newest Sunnyside dispensary in Daytona Beach, Florida, at 2110 W. International Speedway Blvd. Sunnyside Daytona Beach marks the Company’s 23^rd dispensary in the state and 58^th nationwide.

Cresco Labs opened its first Sunnyside dispensary in Daytona Beach, Florida. (Photo: Business Wire)

“Expanding our retail footprint and broadening the reach of our branded portfolio in a top market like Florida will continue to be one of our core focus areas in 2023,” said Charles Bachtell, Cresco Labs’ CEO & Co-Founder. “We chose this location because it is on a busy thoroughfare near Interstate 95 and across the street from the Daytona International Speedway, home of the Daytona 500, which creates many points for patients to access our top-quality cannabis products for their needs. We’re excited to open our first store in Daytona Beach and look forward to serving its patient community.”

Sunnyside Daytona Beach will offer a wide assortment of cannabis products from Cresco Labs’ branded portfolio that includes Cresco, One Plant, Supply (High Supply), Good News, Remedi and Sunnyside. The store also has a curated selection of accessories.

Patients can place orders today both in store and online through the retailer’s Sunnyside.shop website. Store hours are Monday through Saturday, 9 AM to 8 PM, and Sunday, 9 AM to 6 PM.

Cresco Labs operates 23 Sunnyside stores in Florida: Avon Park, Bonita Springs, Boynton Beach, Cape Coral, Clearwater, Daytona Beach, Fort Lauderdale, Jacksonville Beach, Lady Lake, Lutz, North Miami, Ocala, Oakland Park, Orlando (Fern Park, W. Orlando), Panama City Beach, Pensacola (9^th Ave. and Nine Mile Rd.), Port St. Lucie, Sarasota, St. Petersburg, Tallahassee and Tampa.

For more information, visit www.Sunnyside.shop.

About Cresco Labs

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

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230213005151/en/

Media:

Jason Erkes, Cresco Labs

Chief Communications Officer

press@crescolabs.com

Investors:

Megan Kulick, Cresco Labs

Senior Vice President, Investor Relations

investors@crescolabs.com

For general Cresco Labs inquiries:

312-929-0993

info@crescolabs.com

Source: Cresco Labs

FAQ

What is the significance of Cresco Labs' new Daytona Beach dispensary opening?

The new dispensary increases Cresco Labs' presence in Florida, being the 23rd in the state and enhancing customer access.

How many dispensaries does Cresco Labs operate nationwide?

Cresco Labs operates a total of 58 dispensaries across the United States.

Where is the new Sunnyside dispensary located?

The new Sunnyside dispensary is located at 2110 W. International Speedway Blvd, Daytona Beach, Florida.

What products will be available at the Daytona Beach dispensary?

The dispensary will offer a variety of cannabis products from Cresco's branded portfolio, including Cresco, One Plant, and more.

What are the store hours for the new Daytona Beach dispensary?

The dispensary is open Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM.