Green Thumb Industries has been awarded a cultivation license by the Ohio Department of Commerce following an appeal. According to the company, the cultivation operation will be located in Toledo as part of a processing and manufacturing facility that will also produce GTI’s branded product portfolio.
“We are grateful the Ohio Department of Commerce has awarded GTI the cultivation license we applied for in 2017 based on exemplary scores and look forward to further serving the people of Ohio as they seek relief with medical cannabis,” said GTI Founder and Chief Executive Officer Ben Kovler. “This win allows GTI to expand our brand portfolio in Ohio to include the cultivation of our genetics and supports the company’s strategic goal of distributing brands at scale.”
The cultivation license supports GTI’s processing facility currently under construction in Toledo and three Rise™ stores that opened earlier this year in Cleveland, Toledo and Lorain. Two additional Rise™ stores in Lakewood are on track to open later this year.
“This cultivation award will further enable GTI to produce and distribute their high-quality brands in the state while creating additional jobs in Toledo,” said Toledo Mayor Wade Kapszukiewicz. “This is another win for our city and the state of Ohio.”
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