Cresco Labs Welcomes Patients to 22nd Sunnyside Dispensary in Florida

Rhea-AI Summary

Cresco Labs (OTCQX:CRLBF), a leading cannabis operator, has opened a new Sunnyside dispensary in Lutz, Florida, marking its 22nd location in the state and 56th nationwide. This expansion aims to serve more patients in the Tampa Bay area, complementing existing dispensaries in Tampa, Clearwater, and St. Petersburg. The dispensary features a range of products from Cresco Labs’ diverse portfolio, including Cresco and One Plant brands. CEO Charles Bachtell highlighted ongoing growth plans for 2023, emphasizing quality service and product availability. Sunnyside Lutz is strategically located on State Road 54 to enhance customer access.

Positive

• Opening of 56th dispensary increases market presence.
• Location in Lutz expands access to patients in Tampa Bay area.
• Strong brand portfolio featuring multiple popular product lines.
• CEO emphasizes commitment to service and product quality as growth drivers.

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 the opening of a new Sunnyside dispensary in Lutz, Florida. Sunnyside Lutz joins its sister locations in Tampa, Clearwater and St. Petersburgh in serving patients residing around the Tampa Bay area. The new store is Cresco Labs’ 22^nd dispensary in Florida and 56^th dispensary nationwide.

Cresco Labs opened its newest Sunnyside dispensary in Lutz, Florida. (Photo: Business Wire)

“We are pleased to expand the reach of Sunnyside and Cresco Labs’ leading portfolio of products to another group of patients residing in the Tampa region,” said Charles Bachtell, Cresco Labs’ CEO & Co-Founder. “We have plans to continue expansion in 2023, and we are excited to continue winning over more patients through a combination of excellent service, approachable prices and top-quality products.”

Sunnyside Lutz is located at 21708 FL-54 on State Road 54, an east/west throughfare and convenient access point for customers. The store offers a variety of cannabis products from Cresco Labs’ branded portfolio that includes Cresco, One Plant, Supply, Good News, Remedi and Sunnyside. The store also has a curated selection of accessories.

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

About Cresco Labs

Cresco Labs, one of the largest multistate cannabis operators, strives to normalize and professionalize the cannabis industry through best-in-class cultivation, manufacturing, branded products, retail and initiatives that support and uplift the communities it serves. The largest wholesaler of branded products in 2021 and 2022, the company develops and distributes a robust portfolio of brands created to meet different customer needs, including FloraCal Farms, Cresco, High Supply, Mindy's, Good News, Remedi and Wonder Wellness. Cresco Labs has operations in 10 states, with stores operating under its top-performing national retail brand, Sunnyside, in seven markets. Headquartered in Chicago, Cresco Labs launched in 2019 the cannabis industry’s first social equity initiative, SEED^TM (Social Equity and Educational Development), to address the absence of people, businesses and communities disproportionately impacted by the War on Drugs in cannabis. The company was recognized on Crain’s Chicago Business’ Fast 50 list in 2022 and Inc.’s Best Led Companies list in 2022. 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/20230125005221/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 recent development did Cresco Labs announce regarding its dispensaries?

Cresco Labs announced the opening of a new Sunnyside dispensary in Lutz, Florida, which is its 22nd location in the state.

How many dispensaries does Cresco Labs currently operate?

Cresco Labs operates 56 dispensaries nationwide as of the latest announcement.

What is the significance of the new Sunnyside dispensary for Cresco Labs?

The new dispensary in Lutz aims to serve more patients in the Tampa Bay area, enhancing Cresco's market reach.

What brands are offered at the new Sunnyside Lutz dispensary?

The dispensary offers a variety of cannabis products from Cresco Labs’ portfolio, including Cresco, One Plant, Supply, Good News, Remedi, and Sunnyside.

What are the operating hours for the Sunnyside Lutz dispensary?

Sunnyside Lutz is open Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM.