Executive Take: New Curaleaf CEO Matt Darin Details Florida Expansion

Executive Take: New Curaleaf CEO Matt Darin Details Florida Expansion
Cannabtimes

<![CDATA[The largest medical-only cannabis market in the U.S., Florida continues to be an attractive state for expansion for some of the biggest cannabis companies in the world. Earlier this month, Massachusetts-based multistate operator Curaleaf Holdings Inc. announced plans to open three new dispensaries in Florida: a 5,000-square-foot facility in Bradenton that will have a grand opening May 13; a 5,821-square-foot facility in Tampa that will have a grand opening May 20; and a 3,156-square-foot facility in Orlando that will open at the end of this month, pending regulatory approval. That expansion will bring Curaleaf’s retail footprint to 11 dispensaries in those three cities alone, and to 50 dispensaries in Florida and 133 locations nationwide. While Curaleaf’s strategic expansion includes operations in 23 states, Florida in particular has been a key focus in recent months: The company has added 12 dispensaries in the Sunshine State since December, increasing its retail footprint there by 31.6%. RELATED: Great ExpectationsWith that expansion, Curaleaf’s Florida retail footprint trails only Tallahassee, Fla.-based Trulieve, which had 115 operating dispensaries in the state as of May 5, according to Florida’s Office of Medical Marijuana Use (OMMU). Overall, more than 37% of Curaleaf’s retail footprint nationwide is now dedicated to Florida. The company’s recent focus on expanding access there comes as the state’s patient base continues to rapidly grow, Curaleaf new CEO Matt Darin tells Cannabis Business Times. He highlights that detail and more in this Q&A.Editor’s note: This interview has been edited for style and clarity. Tony Lange: Why is Florida’s medical cannabis market attractive to Curaleaf to the point where more than one-third of your company’s U.S. retail footprint is dedicated there?Matt Darin: Florida has one of the largest medical markets in the country and it continues to rapidly grow, nearly doubling its patients in the past…

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Source : Executive Take: New Curaleaf CEO Matt Darin Details Florida Expansion

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