MedMen Enterprises Inc. (OTCQX: MMNFF) just announced that the company has opened its first cannabis dispensary in the state of Florida. The new 7,550 sq. ft. dispensary is located in West Palm Beach at 539 Clematis Street. Two additional Florida dispensary locations are expected to follow and open relatively soon in Key West and Orlando. Florida is brand new territory for MedMen, yet the company intends to open a dozen new dispensaries in the state within the year.
Dennis Grady, Chief Executive Officer of The Chamber of Commerce of the Palm Beaches, stated: “Before day one, MedMen has already shown its commitment to the community and we’re thrilled to welcome them to West Palm Beach. Now that MedMen has opened its doors, patients in our community will have greater accessibility to the high-quality services and products that they deserve.”
The company is one of only 14 companies that are licensed in the state of Florida to operate and conduct sales of medical cannabis to patients. Each license allows for up to 35 medical cannabis dispensary locations. However, the dispensary limit is set to expire in April of 2020.
Adam Bierman, Co-founder and Chief Executive Officer, stated: “MedMen looks forward to serving Florida’s medical marijuana patients with a consistent, professional and elevated dispensary experience that is the hallmark of MedMen retail.
MedMen’s Florida dispensaries will offer a wide variety of more than 53 products and its own in-house brands.
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