MINNEAPOLIS, Aug. 19, 2021 /PRNewswire/ — Goodness Growth Holdings, Inc. (“Goodness Growth” or the “Company”) (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP incubator, today announced that it has officially opened two new Green Goods® cannabis dispensaries in the state of New Mexico, located in Albuquerque and Las Cruces. These openings follow the Company’s strategic investments in cultivation operations to prepare for New Mexico’s adult-use program, which is expected to begin in the spring of 2022.
“Goodness Growth’s expanded vertical integration in New Mexico prepares us for increased demand when the state’s cannabis program transitions to an adult-use jurisdiction next year,” said Chairman and Chief Executive Officer, Dr. Kyle Kingsley. “These two new dispensaries are our largest locations in the state and are located in New Mexico’s most populous cities. Combined with our recent expansion of cultivation capacity, we are well positioned for improved revenue growth and profitability in New Mexico. Our national brand of Green Goods dispensaries is ideally suited for recreational-use markets, and we expect to have four Green Goods branded locations operating in New Mexico when we complete renovations of our other two locations later this year.”
The Albuquerque dispensary is in a 1,995-square-foot location, and the Las