Publish Time: 2021-09-01 Origin: Site
Cresco Labs expanding in Maryland! we're excited to announce that we have entered into a definitive agreement to acquire Blair Wellness Center, LLC., a top performing dispensary in the state. Blair features a 6,500 sq. ft. building located minutes from downtown Baltimore and centrally located between the city’s numerous universities, as well as strong patient and customer retention from more than three years operating in market.
“This acquisition of Blair Wellness will represent a step toward building a meaningful, material position for Cresco Labs in Maryland – a state with tremendous growth potential over the coming years. Our retail team consistently demonstrates the efficiency and effectiveness of the Sunnyside operating model, with our stores generating more revenue than respective state averages – Blair Wellness is no different, with revenue consistently higher than double the Maryland state average. As we expand operations across our footprint, we will continue to add high volume dispensaries that drive depth in strategic markets and complement our wholesale operations. We look forward to the incredible Blair Wellness team joining the Cresco Family!” — Charlie Bachtell, CEO & Founder
We look forward to increasing our footprint in the Mid-Atlantic!