Cannabis Giant Curaleaf Expands Florida Footprint
Cannabis retailers are ramping up their presence in Florida, a medical cannabis market that could soon transition to recreational. That is if Amendment 3 gets the green light from the voters this November. The same companies have been pouring millions into the push for adult-use cannabis legalization. According to a recent report from Beacon Securities Florida’s cannabis market is showing signs of strain, but cannabis operators in the state are on pace to change the trend.
That said, Curaleaf Holdings, Inc. (TSX:CURA) (OTCQX:CURLF) announced on Thursday that it has opened a new medical dispensary in Port St. Lucie.
Located at 1720 Southwest Gatlin Boulevard the new shop opened its doors to medical patients on Oct. 3. The latest dispensary brings the company's Florida store count to 65 locations, with 151 nationwide dispensaries.
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