Editor's Note: Cresco Labs CEO Charlie Bachtell will speak at Cannabis Conference 2019 on the "Lessons in Expanding and/or Franchising Your Cannabis Business" workshop with Diego Pellicer Wolrdwide's Nello Gonfiantini at 10 a.m. on Monday, April 1. The duo will share best practices and strategic insights to help you expand your dispensary or cultivation business beyond a single location to new markets and elevate your brand. For more information and to register, visit www.cannabisconference.com.
CHICAGO--(BUSINESS WIRE)--PRESS RELEASE--Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, has announced the opening of the Hope Heal Health Dispensary (HHH) in Fall River, Bristol County, Mass. Cresco Labs entered in to a definitive merger agreement with HHH for its Massachusetts cultivation, manufacturing, processing and dispensary operations at the end of 2018. The merger is pending state regulatory approval.
“With another fast-to-market example of our successful execution, we are pleased to offer relief and comfort to 60,000 certified patients in Massachusetts,” said Charles Bachtell, CEO and co-founder of Cresco Labs. “Massachusetts is a robust and fast growth cannabis market, and HHH expects its first pilot harvest from its Fall River cultivation facility towards the end of the first quarter. Cresco has applied for adult use licensing for our Fall River dispensary, which opened today with a selection of medical-grade cannabis vape cartridges, edibles, tinctures, topicals, concentrates and flower from three Massachusetts cultivators.”
Patients can purchase up to 10 ounces every two months after being certified by a physician for any one of the Massachusetts state-approved debilitating medical conditions. Cresco Labs’ core mission of patient education and outreach will help inform patients about using medical cannabis as medicine through private one-on-one consultations.
HHH has licensing that allows for cultivation, manufacturing, processing and the establishment and operation of a medical cannabis dispensary, with the ability to obtain up to two additional medical cannabis dispensary licenses and three adult-use dispensary licenses.
The Hope Heal Health Dispensary, located at 1 West Street in Fall River, Mass., is open daily, 10:00 a.m. to 7:00 p.m. For more information, call 774-377-9333.