26 Aug Green Thumb Industries (GTI) Aquires Fiorello Pharmaceuticals and Fp WELLNESS New York Dispensaries in 2019
Words from the CEO’s:
“As one of only 10 license holders in a state with a population of approximately 20 million, this acquisition is firmly in line with our strategic goal of entering highly regulated markets to manufacture and distribute cannabis brands at scale,” says GTI Founder and CEOr Ben Kovler. “We believe entry into New York is an important milestone as we empower the right to wellness through responsible increased access to cannabis and are privileged to serve the people of New York seeking relief and an enhanced quality of life.”
Susan Yoss, Fiorello Pharmaceuticals’ Co-CEO says “GTI is the clear industry leader and we have been very impressed with GTI’s leadership team and vision for the future. New York will benefit from GTI’s medical cannabis expertise and the high-quality care and products that they will bring to the many patients suffering from debilitating and life-threatening conditions.”
NYC Medical Marijuana Program Facts: There are more than 105,000 registered Medical Marijuana Patients in New York State as of August 20, which is almost twice as many since January 2018. NY State’s Medical Marijuana Program has 15 qualifying conditions including chronic pain, post-traumatic stress disorder (PTSD), and opioid replacement, and allows for home delivery.
If you’re looking for more information about Fiorello Pharmaceuticals or Fp WELLNESS, visit http://fpwellnessny.com
About Green Thumb Industries:
As one of the largest and most-trusted cannabis companies in North America, Green Thumb Industries is driving the most profound shift in human well-being — ever.
Green Thumb Industries (GTI), a national cannabis consumer packaged goods company and retailer, is dedicated to providing dignified access to cannabis while giving back to the communities in which they serve. GTI manufactures and distributes a portfolio of branded cannabis products including Rythm, Dogwalkers, The Feel Collection, incredibles and Beboe, among others
Headquartered in Chicago, Illinois, GTI has 13 manufacturing facilities, licenses for 95 retail locations and operations across 12 U.S. markets. Established in 2014, GTI employs approximately 1,200 people and serves thousands of patients and customers each year. GTI was named a Best Workplace 2018 by Crain’s Chicago Business. More information is available at http://GTIgrows.com.