Green Thumb to Open a RISE Dispensary in Sun City Center, Florida on October 27th, Expanding its Footprint to Ten Locations in the Sunshine State

CHICAGO and VANCOUVER, British Columbia, Oct. 25, 2023 (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 that RISE Dispensary Sun City Center, the Company’s tenth retail location in Florida and 86th nationwide, will open on October 27^th. RISE Dispensary Sun City Center will welcome patients with a grand opening celebration on November 14^th, where profits from the day will be donated to Minorities for Medical Marijuana. The event will include a ribbon-cutting ceremony with representatives from the South Hillsborough Chamber of Commerce.

“As we near five years of caring for medical cannabis patients in Florida, we are excited to expand our presence to ten locations in the state with the opening of RISE Sun City Center,” said Green Thumb President Anthony Georgiadis. “Our team is passionate about building strong relationships with the communities we serve, and we look forward to supporting Minorities for Medical Marijuana as part of our new store opening charity donation tradition.”

Minorities for Medical Marijuana (M4MM) is a purpose-driven nonprofit organization that provides education and programs to build a more accessible and equitable cannabis industry, such as their Safe Access initiative, which hosts community-centric events targeting low income and veteran patients to help them learn about and obtain a medical marijuana card at no cost. In addition to the RISE Sun City Center grand opening donation, M4MM also serves as the recipient of RISE Dispensaries’ Round Up Program across Florida, where patients have the option to round up to the nearest dollar when making an in-store purchase in support of the organization.

Green Thumb joined the Florida community in 2018 and operates two production facilities in Ocala and Homestead where the Company produces its branded products. Green Thumb’s cultivation and manufacturing practices reflect the highest quality standards to ensure all its products offer a true-to-plant, consistent experience. The Company’s retail brand, RISE Dispensaries, is committed to expanding access to well-being through cannabis and making a positive impact on the communities it serves. In addition to RISE Sun City Center, there are nine other RISE Dispensaries in Florida, including locations in Bonita Springs, Brandon, Deerfield Beach, Fruitland Park, Hallandale Beach, Kendall, Oviedo, Pinellas Park and West Palm Beach, with delivery services available at each location. All RISE Dispensaries in Florida offer products from Green Thumb’s award-winning family of brands, including RYTHM premium flower and full spectrum vapes, Dogwalkers pre-rolls, Good Green flower, and &Shine flower, pre-rolls, vapes and chews.

Located at 1509 Rickenbacker Drive, Sun City Center, FL 33573, RISE Dispensary Sun City Center is open on Monday through Saturday from 9 a.m. to 8 p.m. and Sunday from 11 a.m. to 6 p.m.

For information on how to become a medical cannabis patient, email RISEmed@gtigrows.com. For more information on RISE Dispensaries' locations, product offerings or other services, visit www.risecannabis.com.

About RISE Dispensaries
RISE Dispensaries, a fast-growing national cannabis retailer founded under Chicago-based Green Thumb Industries, promotes social conscience, community impact and well-being through the power of cannabis. Since opening its doors in 2015, RISE has grown its national footprint to 86 retail locations across 14 U.S. markets and serves millions of patients and customers each year. RISE Dispensaries lead innovative access to cannabis by offering home delivery, virtual pharmacist consultations, mobile pre-ordering and the first consumption lounge east of the Mississippi at RISE Mundelein, Illinois (services vary by market). RISE locations offer a wide variety of products and award-winning brands including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM, produced by owner Green Thumb Industries. RISE Rewards members enjoy insider perks, points and first access to products and merchandise. 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 Annual Report on Form 10-K for the year ended December 31, 2022.

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

Media Contact:
MATTIO Communications
GTI@mattio.com