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Green Thumb Announces Opening of RISE Dispensary East Syracuse, Serving Patients and Adult-Use Customers in the Empire State

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Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) announced the opening of RISE Dispensary East Syracuse on August 2, 2024. This marks the fifth RISE Dispensary in New York and the 97th nationwide. Located at 6701 Manilus Center Road, the dispensary will serve both medical patients and adult-use customers, offering a wide range of products including RYTHM, Dogwalkers, incredibles, and Beboe. Operating hours will be 9 a.m. to 9 p.m. daily.

As part of their community engagement, Green Thumb will donate opening day profits to We Rise Above The Streets Recovery Outreach Inc., an organization supporting homeless and financially vulnerable populations in Syracuse. The grand opening celebration will feature a ribbon-cutting ceremony, product deals, and live entertainment.

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) ha annunciato l'apertura del RISE Dispensary East Syracuse il 2 agosto 2024. Questo segna il quinto RISE Dispensary nello Stato di New York e il 97° a livello nazionale. Situato al 6701 Manilus Center Road, il dispensario servirà sia pazienti medici che clienti adulti, offrendo una vasta gamma di prodotti inclusi RYTHM, Dogwalkers, incredibles e Beboe. Gli orari di apertura saranno dalle 9:00 alle 21:00 tutti i giorni.

Come parte del loro impegno verso la comunità, Green Thumb donerà i profitti del giorno di apertura a We Rise Above The Streets Recovery Outreach Inc., un'organizzazione che supporta le popolazioni senzatetto e finanziariamente vulnerabili a Syracuse. La celebrazione dell'inaugurazione includerà una cerimonia di taglio del nastro, offerte sui prodotti e intrattenimento dal vivo.

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) anunció la apertura del RISE Dispensary East Syracuse el 2 de agosto de 2024. Esto marca el quinto RISE Dispensary en Nueva York y el 97° a nivel nacional. Ubicado en 6701 Manilus Center Road, el dispensario atenderá tanto a pacientes médicos como a clientes de uso adulto, ofreciendo una amplia gama de productos que incluyen RYTHM, Dogwalkers, incredibles y Beboe. El horario de atención será de 9 a.m. a 9 p.m. todos los días.

Como parte de su compromiso con la comunidad, Green Thumb donará las ganancias del día de apertura a We Rise Above The Streets Recovery Outreach Inc., una organización que apoya a las poblaciones sin hogar y financieramente vulnerables en Syracuse. La celebración de la gran apertura contará con una ceremonia de corte de cinta, ofertas en productos y entretenimiento en vivo.

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF)는 2024년 8월 2일 RISE Dispensary East Syracuse의 개장을 발표했습니다. 이는 뉴욕에 있는 다섯 번째 RISE Dispensary이며, 전국적으로는 97번째입니다. 6701 Manilus Center Road에 위치한 이 약국은 의료 환자와 성인 고객 모두에게 서비스를 제공하며, RYTHM, Dogwalkers, incredibles, Beboe와 같은 다양한 제품을 제공합니다. 운영 시간은 매일 오전 9시부터 밤 9시까지입니다.

커뮤니티 참여의 일환으로 Green Thumb는 개장 당일의 수익을 We Rise Above The Streets Recovery Outreach Inc.에 기부할 것입니다. 이 조직은 시라큐스의 노숙자와 재정적으로 취약한 인구를 지원합니다. 개장 축하 행사에는 리본 커팅 세레모니, 제품 할인 및 라이브 엔터테인먼트가 포함됩니다.

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) a annoncé l'ouverture du RISE Dispensary East Syracuse le 2 août 2024. Cela marque le cinquième RISE Dispensary à New York et le 97ème à l'échelle nationale. Situé au 6701 Manilus Center Road, le dispensaire accueillera à la fois des patients médicaux et des clients adultes, offrant une large gamme de produits, notamment RYTHM, Dogwalkers, incredibles et Beboe. Les heures d'ouverture seront de 9h à 21h tous les jours.

Dans le cadre de leur engagement envers la communauté, Green Thumb fera don des bénéfices du jour d'ouverture à We Rise Above The Streets Recovery Outreach Inc., une organisation qui soutient les populations sans-abri et financièrement vulnérables à Syracuse. La célébration de l'inauguration comprendra une cérémonie de coupure de ruban, des offres sur les produits et des divertissements en direct.

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) hat die Eröffnung des RISE Dispensary East Syracuse am 2. August 2024 angekündigt. Dies ist die fünfte RISE Dispensary in New York und die 97. landesweit. Der Standort in der 6701 Manilus Center Road wird sowohl medizinischen Patienten als auch Erwachsenen im Freizeitgebrauch dienen und eine breite Palette von Produkten anbieten, darunter RYTHM, Dogwalkers, incredibles und Beboe. Die Öffnungszeiten sind täglich von 9 Uhr bis 21 Uhr.

Im Rahmen ihres Engagements für die Gemeinschaft wird Green Thumb die Gewinne des Eröffnungstags an We Rise Above The Streets Recovery Outreach Inc. spenden, eine Organisation, die obdachlose und finanziell verletzliche Bevölkerungsgruppen in Syracuse unterstützt. Die Feier zur großen Eröffnung wird eine Zeremonie zum Banddurchschneiden, Produktangebote und Live-Unterhaltung umfassen.

Positive
  • Opening of fifth RISE Dispensary in New York, expanding market presence
  • Serving both medical patients and adult-use customers, potentially increasing customer base
  • Offering a diverse product range including popular brands like RYTHM and Dogwalkers
  • Extended operating hours (9 a.m. to 9 p.m. daily) may increase accessibility and sales
  • Community engagement through donation of opening day profits to local organization
Negative
  • None.
  • RISE Dispensaries will serve patients and customers of central New York with the opening of RISE East Syracuse located at 6701 Manilus Center Road
  • Conveniently located off Highways 481 and 690, the new East Syracuse location is the fifth RISE Dispensary to open in New York
  • RISE Dispensary East Syracuse will open on August 2

CHICAGO and VANCOUVER, British Columbia, July 31, 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 RISE East Syracuse, located at 6701 Manilus Center Road, on August 2. The new East Syracuse location marks five RISE Dispensaries open in New York and 97 nationwide.

Beginning August 2, RISE Dispensary East Syracuse will bring patients and adult-use customers hand-picked, high-quality products and key service offerings, such as home delivery. RISE East Syracuse will be open Monday through Sunday from 9 a.m. to 9 p.m., offering a broad selection of curated products, including RYTHM premium indoor hand-trimmed flower, Dogwalkers pre-rolls, incredibles and Beboe gummies, and &Shine vapes.

“We are incredibly excited to continue our expansion in New York with the opening of our first RISE Dispensary in Syracuse this Friday. We have a number of team members that attended ‘Cuse who are thrilled to introduce our award-winning products to the community, including RYTHM, Dogwalkers, incredibles and Beboe,” said Green Thumb President Anthony Georgiadis. “Following our tradition of donating profits from the opening day of new stores to a local organization, we are honored to support We Rise Above The Streets Recovery Outreach Inc., whose work is positively impacting Onondaga County by helping break the cycle of homelessness.” 

We Rise Above The Streets Recovery Outreach Inc. provides workforce readiness, job placement and life stabilization services to Syracuse’s homeless and financially vulnerable populations. The organization empowers community members to reach their own self-sufficiency goals through access to education and other resources.

“Through our partnership with RISE East Syracuse, we will expand our community outreach efforts,” said We Rise Above The Streets Recovery Outreach Inc. Founder and Executive Director Al-amin Muhammad. “Both of our organizations recognize the value of uplifting communities and helping individuals rise to their full potential. The funds raised at the August 2 grand opening event will make a significant impact, as homelessness and financial insecurity are increasing in the Syracuse area.”

RISE East Syracuse invites community members to celebrate the dispensary’s grand opening and support We Rise Above The Streets Recovery Outreach Inc. August 2. The celebration will feature a ribbon-cutting ceremony, product deals, and performances by a live DJ and mentalist Dustin Dean.

Green Thumb is proud to serve the New York cannabis community and is committed to expanding access to well-being through safe, high-quality cannabis products. The Company entered the New York market in 2019 and opened its state-of-the-art production facility in Warwick in 2023, where Green Thumb produces its branded products. In addition to RISE East Syracuse, the Company operates locations in Manhattan and Long Beach that serve medical patients, as well as Henrietta (Rochester) and Halfmoon (Clifton Park) that serve both medical patients and adult-use customers. 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 97 retail locations across 14 U.S. markets and serves millions of patients and customers each year. More information is available at www.risecannabis.com.

Cautionary Note Regarding Forward-Looking Information
This press release contains statements which may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect,” or similar expressions and include information regarding the expected growth of the Company. The forward-looking information in this news release is based upon the expectations of future events which management believes to be reasonable. Any forward-looking information speaks only as of the date on which it is made, and, except as required by law, Green Thumb does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The forward-looking information in this news release is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied. When considering these forward-looking statements, readers should keep in mind the risk factors and other cautionary statements in Green Thumb’s public filings with the applicable securities regulatory authorities, including with the U.S. Securities and Exchange Commission on its website at www.sec.gov and with Canada’s SEDAR+ at www.sedarplus.ca, as well as on Green Thumb’s website at https://investors.gtigrows.com, including in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K.

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

Media Contact:
GTI Communications
media@gtigrows.com


FAQ

When is RISE Dispensary East Syracuse opening?

RISE Dispensary East Syracuse is opening on August 2, 2024.

Where is the new RISE Dispensary located in East Syracuse?

The new RISE Dispensary is located at 6701 Manilus Center Road in East Syracuse, New York.

What are the operating hours for RISE Dispensary East Syracuse?

RISE Dispensary East Syracuse will be open Monday through Sunday from 9 a.m. to 9 p.m.

What products will be available at RISE Dispensary East Syracuse?

RISE Dispensary East Syracuse will offer a broad selection of products including RYTHM premium indoor hand-trimmed flower, Dogwalkers pre-rolls, incredibles and Beboe gummies, and &Shine vapes.

How many RISE Dispensaries does Green Thumb Industries (GTBIF) now have in New York?

With the opening of RISE Dispensary East Syracuse, Green Thumb Industries now has five RISE Dispensaries in New York.

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