Continuing a string of acquisitions and openings in Arizona, Curaleaf Holdings, Inc. (CSE: CURA OTCQX: CURLF) just bumped its state dispensary count up to seven with the Curaleaf Pavilions web site.
That storefront is now open for organization and is named for its proximity to the Ak-Chin Pavilion Ampitheater in the Phoenix metro location.
The license for the Curaleaf Pavilions web site was picked up by way of the acquisition of Phytotherapeutics Management Solutions, LLC earlier this year. Such as the recent buyout of Glendale Greenhouse, this most current move marks the third acquisition Curaleaf has completed in the state, considerably growing the company’s general footprint in Arizona.
Remarking on the company’s current statewide expansion efforts and the new dispensary opening this morning, CEO Joe Lusardi commented:
Maricopa is the quickest-developing county in the nation. By opening the seventh Curaleaf dispensary in Arizona, we will be in a position to present this expanding population with access to our higher-high quality cannabis merchandise and exceptional client service. Curaleaf’s successful expansion in Arizona is emblematic of its aggressive expansion plans across the U.S.
The new storefront’s grand opening celebration will be held on Friday, October four to introduce the dispensary group to the regional neighborhood and provide a wide variety of discounts and prizes. Aside from that grand opening, the shop will provide 3 new patient offers to bring in added consumers.
Particularly, a Invest in One particular Get One particular deal is readily available for all initially time individuals — a deal which can be doubled by going to the current Glendale or Gilbert areas – whilst a absolutely free pre-rolled solution is supplied on the patient’s second check out, followed by a absolutely free gram on the third check out.
Aside from Arizona operations, Curaleaf has expanded in Florida more than the final month by releasing new cannabis tablets to the state’s healthcare industry, as effectively as opening a new dispensary in the Port Charlotte location.
The multi-state operator’s stock is lastly back on an upward trajectory immediately after the sudden spring drop off that saw practically every single firm in the market take a important hit on its stock value. Curaleaf crossed the eight dollar threshold and is now trading at $eight.05 this morning, up from the $six.63 a share asking value from this identical time final month.