Curaleaf Holdings Inc (OTCMKTS:CURLF) opened its 31st dispensary in Florida at 846 E. Brandon Blvd. The company is on an expansion spree of dispensaries in the state and intends to serve registered medical patients of 394,000 with high quality and medicinal use cannabis products.
Clocks sales of $1 million within 30 days
Curaleaf achieved $1 million sales from the sale of Select Elite Live Cartridges, which are introduced on August 6, 2020, in Florida. These products are of high quality and feature high potency oil with strain-specific effects and flavor. The company intends to introduce more Select products that comprise the best selling broad spectrum and high potency Elite Cartridges to Florida’s medical patients later this year.
Select, the recognized and leading player in the industry will maintain testing transparency and high-quality standards to provide the best experience to the customers.
Expects to sustain growth
President of Curaleaf, Joe Bayern, said the company is excited to receive an overwhelming response for Elite Live Cartridges from medical patients in Florida. The company will strive to provide more innovative products to satisfy medical patients’ demand in the state. Joe said the company expects to sustain growth in the future by offering high-quality products with consistent potency.
Curaleaf acquires Select brand
Curaleaf took over Select brand, the number 1 oil brand in the US, in February 2020. The company offers Select products in more than 950 dispensaries in 12 states that include Florida, Connecticut, Oregon, Oklahoma, Michigan, Maryland, Colorado, California, Arizona, Nevada, Maine, and Massachusetts. Curaleaf will introduce Select Brand in the medical market of Ohio later this month.
Joe said the company received positive feedback from the customers for its Select Elite Live Cartridges and Curaleaf products. It is excited to extend the availability of its high-quality products, including edibles, to Tampa Bay area based medical patients.
Curaleaf introduced its discreet Sublingual Tablets with berry flavor in Florida exclusively. The company also plans to unveil new products such as edibles and nano tinctures during this quarter.
The state’s unemployment rate increased to 10.4% in June from 2.8% in February 2020 because of coronavirus crises. Curaleaf employed 11 employees on an average. The company employed a total of 722 in the state.
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