Operations
Retail Operations

A focused brand strategy

A focused brand strategy

In 2019 we will be consolidating our national network of retail stores under a single brand name. We believe fewer, stronger brands will have greater impact in the marketplace and add greater value for our shareholders.

A rapidly expanding network

Our multi-state network of cannabis stores is poised for rapid expansion.

Florida

In Florida, we currently operate under the Grow Healthy retail brand (www.growhealthy.com) and have the opportunity to open up to 35 cannabis stores. We are currently open in West Palm Beach, Orlando, Lake Worth, Daytona Beach and Brandon. We have secured locations in Miami, Tampa, Lakeland, Gainesville, Sarasota, Deerfield Beach, and several other key markets scheduled for opening in 2019. In addition, we are expanding our Delivery Program with new vehicles and delivery hubs in order to better serve patients across the state.

Arizona

Our enterprise consists of four full-service dispensaries. We have three stores in Mesa which operate under the Health for Life brand (www.healthforlifedispensaries.com) and one in Phoenix which operates as The Holistic Center (www.theholisticcenter.org). We also have two modern and fully equipped production laboratories for producing cannabis derivative products and two large-scale indoor cultivation operations which provide wholesale products to ~40 additional retail locations throughout the state.

Nevada

We have recently been awarded four new dispensary licenses in Nevada (Reno, Henderson, City of Las Vegas, and Unincorporated Clark County). These stores will complement our existing cultivation and production license which includes a 29,000-square-foot cultivation and production facility in Las Vegas which provides wholesale products to ~25 retail locations throughout Nevada.

Maryland

We operate three retail dispensaries in Bethesda, Baltimore and White Marsh under the Health for Life brand (www.healthforlifedispensaries.com). The state currently has just over 70 licensed dispensaries. We also operate a 4,000 square foot processing facility in Gaithersburg where we manufacture MPX concentrates and other products. MPX products are sold in our dispensaries and through our distribution channels to over 50 additional dispensaries in the state.

Massachusetts

Our cannabis store in Boston (www.mayflowermedicinals.com) is one of about 50 dispensaries in a state of roughly 6.7 million people. It has been open since 2018 and serves the residents in the greater Allston/Brighton section of the city. Our stores in Worcester and Lowell are expected to open in late 2019 and early 2020, respectively. Our retail operations are supported by a 34,000 square foot cultivation and processing facility in Holliston which is currently providing wholesale products to over 15 other retail dispensaries throughout the state.

New York

We hold one of ten vertically-integrated medical marijuana Registered Organization licenses in New York, a state with close to 20 million residents. This license includes a cultivation and processing facility and four dispensary locations: Brooklyn, Staten Island, Dutchess County, and Tompkins County. Our first retail location in New York State is located across from Barclays Center in Brooklyn. It is one of only three dispensaries serving New York’s most populous borough, with over 2.5 million residents. Our Staten Island store will be the only Registered Organization serving Staten Island’s 500,000 residents. We currently operate in New York under the Citiva retail brand (www.citiva.com).

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Products
Cultivation

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