MINNEAPOLIS, Feb. 26, 2021 /PRNewswire/ — Vireo Health International, Inc. (“Vireo” or the “Company”) (CNSX: VREO; OTCQX: VREOF), the science-focused, multi-state cannabis company, today announced that its subsidiary company, MaryMed, LLC, has completed its previously-announced capacity expansion initiatives in the state of Maryland and has also received regulatory approval to open its first retail dispensary in Maryland, located in the town of Frederick.
“We are very pleased to complete our vertical integration in Maryland, where the state’s medical cannabis program is continuing to experience increasing demand and there is potential for the passage of adult use legislation this session,” said Chairman and Chief Executive Officer, Dr. Kyle Kingsley. “The recent investments we’ve made to expand cultivation and processing capabilities and the opening of our first retail location will help us meet growing demand for cannabis products in the state for the foreseeable future.”
The completion of MaryMed’s capacity expansion was achieved earlier this week when the Company transferred the cultivation operations of its former 22,500 sq. ft. co-located cultivation and processing facility in Hurlock, MD to its new 110,000 sq. ft. location in Massey, MD, which also received regulatory approval this week. The cultivation facility in Massey is already operational and