Green Thumb Industries (GTI) (CSE:GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Essence and Rise™ retail stores, today announced that it is one of only three companies to be awarded a new retail license by Culver City, located in Los Angeles County, California.
“We are honored to be awarded a retail license by Culver City and to reach more people with our quality products and excellent customer care,” said GTI President Armen Yemenidjian. “Expanding to Southern California has long been part of our vision and we look forward to partnering with the Culver City community as we welcome new guests to Essence.”
The Culver City license award follows recent license wins in Pasadena and West Hollywood, where the company is one of only five to receive a retail, delivery and consumption lounge license. This continues a significant period of rapid growth for the Essence brand, which received eight new retail cannabis licenses in Nevada last year and has three open stores in Las Vegas, including the first on The Strip. GTI has 26 Rise™ and Essence retail stores open across the country and a footprint for a total of 95.