Green Thumb Industries to Open Rise Duncansville

Profits from the first day of sales will be donated to Last Prisoner Project.

Green Thumb Industries Inc. (CSE: GTII), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, today announced it will open Rise Duncansville, its 47th retail location, on June 30.  Profits from the first day of sales will be donated to Last Prisoner Project,  a nonprofit coalition of cannabis industry leaders, executives, and artists dedicated to bringing restorative justice to the cannabis industry. Green Thumb also donated the first day of profits to the Last Prisoners Project when Rise Chambersburg opened in Pennsylvania earlier this month.

We are grateful to create jobs throughout the state as we continue expanding our retail footprint in Pennsylvania during the COVID-19 crisis.Ben Kovler, Founder and Chief Executive Officer

"The team is also honored to partner with the Last Prisoner Project on the important work of redressing the past and continuing harms of unjust laws and policies so that victimless cannabis prisoners can walk free," said Green Thumb Founder and Chief Executive Officer Ben Kovler.

Mary Bailey, Managing Director of Last Prisoner Project, said: "We are both humbled and grateful for partners like Green Thumb Industries who support our mission to help those negatively and disproportionately affected by the criminalization of cannabis. Green Thumb's ongoing dedication to our efforts is very much valued and appreciated."

Over 260,000 patients are registered with the Pennsylvania program, including 168,000 active cardholders.  The industry services about 65,000 patient visits per week with nearly 160,000 products sold weekly.  Approximately 2.5 million patient visits have occurred since the program's inception, yielding $423 million in retail sales and $288 million in wholesale sales.  The industry employs over 4,000 people in Pennsylvania.

In addition to Rise Duncansville, there are Rise™ retail stores in Pennsylvania in the following locations: Chambersburg, Cranberry, Erie, Hermitage, Latrobe, King of Prussia, Mechanicsburg, New Castle, Carlisle, Steelton and York, the last three of which are licensed to KW Ventures. Green Thumb entered the Pennsylvania market in 2017 and operates a manufacturing facility in Danville where the company produces its branded products including Rythm and Dr. Solomon's.

Rise Duncansville offers online reservations and in-store pickup for registered Pennsylvania medical cannabis cardholders. Patients may order online at www.risecannabis.com by creating an account and scheduling a pick-up time. They will receive a text message to confirm all reservations and will pick up during their designated time.

Rise Duncansville is located at 370 Pound Road in Duncansville. Hours are Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 10 a.m. to 4 p.m.

To learn more about Green Thumb Industries, visit the company HQ here.

Disclaimer: Past performance is not an indicator of future performance.

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Casey Peternell
Casey Peternell

Casey is a media and content creator with a keen eye for creativity. Casey is currently in the process of obtaining a double bachelors degree in Media & Communications and Business from Swinburne University in Melbourne.

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