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Numbers Don’t Lie. Florida Medical Marijuana Use reports another record week of cannabis sales ending December 20th, 2019

Florida Office of Medical Marijuana Use reported another record week of cannabis sales on December 20th, 2019. Record numbers are showing strong growth of medical marijuana sales in the state, and this is expected to continue as the state pushes for recreational cannabis legalization. High THC mg sold jumped up 38%, CBD mg sold jumped 8% from previous week.
Despite strong presence of Trulieve (CSE: TRUL, OTC: TCNNF) operating 42 dispensaries in Florida – see more, Curaleaf Holdings Inc. (CSE: CURA, OTC: CURLF) is also continuing to push out bigger numbers. Curaleaf, a leading vertically integrated cannabis operator in the United States recently announced the opening of its 28 dispensary in Florida. However it wasn’t Trulieve or Curaleaf that had the best sales week, GrowHealthy, subsidiary of iAnthus Capital Holdings (CSE: IAN, OTC: ITHUF) had a Record week of medical marijuana sales. GrowHealthy recorded 135% increase in week over week medical marijuana sales (1.86 million grams to 4.37) and 104% increase in smokable form marijuana.

GrowHealthy, recently debuted a brand-new dispensary in Ocala, Florida, on December 12th, 2019 The Florida based brand looks forward to one new additional storefronts this calendar year, preparing for openings in Stuart. The Ocala location will mark GrowHealthy’s 11th retail store, with more than 17 retail locations slated for opening by end of Q1 2020. (News Release)
GrowHealthy plans on opening several additional stores in early 2020 pending regulatory approvals. The Company currently has several additional sites under construction and a total of 11 more under lease.
Florida (THC 38% Increase, CBD 8% Increase – Week Over Week)
Week Dec 6-12, 2019: 74,086,880 (mg THC)
Week Dec 13-19, 2019: 92,934,406 (mg THC)
Qualified Patients (Active ID Card): 298,659
Total Patients: 421,297

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