Green Thumb to Open RISE Mankato, Its 77th Retail Location in the Nation

CHICAGO and VANCOUVER – Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner of RISE dispensaries, announced it will open RISE Mankato on April 14. Profits from the first day of sales will be donated to Habitat for Humanity of Minnesota (Habitat Minnesota).

“We are excited to expand our retail footprint to six locations in Minnesota and our first in the southern region of the state,” said Green Thumb Founder and Chief Executive Officer Ben Kovler. “Along with this opening, we are extending our First Day Profits program to another state, allowing us to make an impact in the community with each new store. We are grateful for the opportunity to partner with Habitat Minnesota, who is doing the important work of bringing about systemic change, so all people have a safe, stable and affordable home.”

Habitat Minnesota brings people together to build homes, community and hope. The statewide support organization provides resources to 25 Minnesota affiliates to advance their work to create and preserve affordable homeownership. Habitat Minnesota offers a range of programs, including resource development, advocacy, training, and networking.

“Habitat’s work is possible because of strong community partnerships and we’re thankful for partners who understand the importance of this work statewide, like Green Thumb. Every community in Minnesota has an affordable housing shortage with 1 in 9 households paying more than they can afford on housing. This generous donation will support Habitat’s pursuit in advancing equity in affordable homeownership so more Minnesota families can affordably own a home. We appreciate Green Thumb’s partnership and their commitment to supporting the community,” said Cristen Incitti, CEO of Habitat for Humanity of Minnesota.

In addition to RISE Mankato, the Company has five other retail locations throughout the state, including: Eagan, Hibbing, St. Cloud, St. Paul and Willmar. Formerly known as LeafLine, each store was rebranded to RISE earlier this month. Profits from the first day of sales as newly branded RISE stores will also be donated to Habitat Minnesota. To celebrate the rebrand and welcome patients to the RISE experience, RISE will host a patient appreciation event on April 20, 2022, at each of its Minnesota retail locations. Representatives from the Company will be available to answer questions about Minnesota’s medical cannabis program, as well as assist with registering new patients. Discounts, giveaways and educational material will also be available for patients.

RISE Mankato is located at 1400 Madison Avenue East in Mankato. Regular hours are Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 10 a.m. to 5 p.m. Visit www.risecannabis.com/mn for more information.

(This information is primarily sourced from Green Thumb Industries Inc.  Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).