Green Thumb Industries (GTI) is Opening Rise Quincy, Its Seventh Cannabis Store in Illinois and 41st in the Nation, on January 31

Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), is a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, announced Rise Quincy, the company’s seventh store in Illinois and 41st in the nation, will open on Friday, January 31.

Rise Quincy is the second adult-use only store to open in Illinois since the Cannabis Regulation and Tax Act passed while Rise Joliet was the first, opening on January 1 to coincide with the onset of adult-use sales in the state. Green Thumb Industries also offers adult-use sales at Rise Canton, Rise Mundelein and 3C Joliet. Two of GTI’s Illinois stores, The Clinic Effingham and 3C Naperville, currently only offer sales to customers with a valid Illinois medical marijuana card.

Green Thumb Industries (GTI), is 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 Beboe, Dogwalkers, Dr. Solomon’s, incredibles, Rythm and The Feel Collection. The company also owns and operates rapidly growing national retail cannabis stores called Rise™ and Essence. Headquartered in Chicago, Illinois, GTI has 13 manufacturing facilities, licenses for 96 retail locations and operations across 12 U.S. markets. Established in 2014, GTI employs approximately 1,400 people and serves thousands of patients and customers each year. GTI was named a Best Workplace 2018 by Crain’s Chicago Business and MG Retailer magazine in 2018 and 2019.

“We’re thrilled to continue the momentum of the successful rollout of Illinois adult-use sales with the opening of Rise Quincy, the state’s second adult-use only store,” said GTI Founder and Chief Executive Officer Ben Kovler. “GTI has served tens of thousands of customers since January 1 and we look forward to providing people in Illinois further access to well-being through the power of cannabis at our stores and via our branded products.”

The Illinois Department of Financial and Professional Regulation (IDFPR) announced that statewide adult-use cannabis sales from January 1 through January 12 alone totaled $19.7 million. Experts estimate the Illinois cannabis market potential could top $2.5 billion at maturation.