CHICAGO, Illinois, Aug. 31, 2021 – PRESS RELEASE – Cresco Labs., a vertically integrated multistate operator and wholesaler of branded cannabis products, announced the expansion of its Sunnyside retail brand in Florida with three new dispensaries in Cape Coral, Tampa and Panama City Beach. These stores bring Cresco’s store network to 19 locations in Florida and 53 nationwide.
“We are thrilled to bring Cresco Labs’ portfolio of leading cannabis brands to patients in Cape Coral, Tampa and Panama City Beach,” said Charlie Bachtell, co-founder and CEO of Cresco Labs. “When patients have the opportunity to visit our stores and try our category leaders such as High Supply flower and vapes and Sunnyside Chews edibles, they understand why we are the No. 1 wholesaler of branded cannabis products in the U.S. per BDSA. With nearly 750,000 qualified patients, over $2 billion in market revenue (per BDSA) and adult-use still on the horizon, Florida remains an attractive growth opportunity. We have several additional locations planned for the fourth quarter of 2022 and early 2023, which, combined with Columbia Care’s retail footprint, will help us reach our goal of becoming one of the leading operators in the state.”