GTBIF - Green Thumb in pact with Circle K to open cannabis dispensaries in Florida

• The U.S. Multi-State Operator Green Thumb Industries ( OTCQX:GTBIF ) announced Wednesday a lease agreement with the convenience store operator Circle K to expand its medical cannabis business in Florida.
• The exclusive partnership permits GTBIF to lease space from Circle K in the Sunshine State, where the retailer operates about 600 stores.
• Accordingly, from 2023, the company plans to open approximately 10 “RISE Express” dispensaries next to various Circle K locations in Florida.
• “The opening of RISE Express stores at Circle K locations is a game-changer. Convenience is a strong channel in retail, and people want more access to cannabis,” the founder and chief executive of Green Thumb ( OTCQX:GTBIF ) Ben Kovler remarked.
• Read: Seeking Alpha contributor Ted Waller argues that investors should increase or maintain their positions on GTBIF as there is a disconnect between its valuation and fundamentals.

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