Compassionate Organics Announces Partnership with Green Thumb Industries

Partnership Allows Boston-Based Founder to Move Forward to Open Best-in-Class Medical Marijuana Dispensary; Will Remain Integral Part of Team

Nov. 1, 2018 14:48 UTC

Partnership Allows Boston-Based Founder to Move Forward to Open Best-in-Class Medical Marijuana Dispensary; Will Remain Integral Part of Team

BOSTON--(BUSINESS WIRE)-- Compassionate Organics today announced a strategic partnership with Green Thumb Industries Inc. (GTI), allowing Compassionate Organics’ local founder to move forward to operationalize a Boston-based medical marijuana dispensary on historic Newbury Street with the highest quality products, resources and industry-leading standards.

“I’m thrilled to partner with GTI, a leader in the cannabis industry and a proven community partner that is committed to serving the patients of Boston with the very best products and care,” said Founder and CEO of Compassionate Organics Geoffrey Reilinger. “We have been impressed with GTI’s presence in Massachusetts including the service and product offerings at their Amherst dispensary and cultivation facility in Holyoke – they have proven to be excellent, community-minded neighbors.”

GTI is comprised of a diverse team of world-class entrepreneurs, philanthropists, accomplished professionals and business people driven by the dual commitment to the patients and communities they serve. With proven experience operating successful businesses, GTI has long-term expertise in adhering to sustainable business practices, and a deep understanding of the law with regard to the regulatory process surrounding medical cannabis. The company’s Chief Medical Officer Jack McCue, MD, has deep Massachusetts roots having attended Harvard University for undergraduate studies where he also held a medical faculty position, and trained at Beth Israel hospital. He also previously held a professorship at the University of Massachusetts.

“It will be a privilege to partner with Geoffrey and his team to serve the Boston community,” said GTI Founder & CEO Ben Kovler. “Everyone deserves the right to wellness and we are driven by the opportunity to offer relief for those who need it most.”

This transaction is subject to customary regulatory approvals.

About Compassionate Organics

Compassionate Organics, LLC (CO) was founded in 2011 by Geoffrey Reilinger, a longtime Back Bay resident who was diagnosed with Multiple Sclerosis in 1996 and has used medical marijuana (MM) with incredible results. CO is a registered Massachusetts domestic for-profit corporation whose mission is to provide safe, confidential access to high-quality MM for qualifying patients in the Commonwealth and help advance the science and development of this alternative treatment for the well-being of patients.

About Green Thumb Industries Inc.

Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company dedicated to providing dignified access to safe and effective cannabis nationwide while giving back to the communities in which it serves. As a vertically integrated company, GTI manufactures and sells a well-rounded portfolio of brands including flower, concentrates, edibles, and topicals. The company also owns and operates a rapidly growing national chain of retail cannabis stores called RISE™ dispensaries. Headquartered in Chicago, Illinois, GTI has eight manufacturing facilities and licenses for 60 retail locations across eight highly regulated U.S. markets. Established in 2014, GTI employs over 400 people and serves thousands of patients and customers each year. GTI was named a Best Workplace 2018 by Crain’s Chicago Business. For more information visit GTIgrows.com.

Contacts

Compassionate Organics
Dot Joyce, 617-592-2967 or 617-948-2150
Dot@dotjoyceventures.com
or
Green Thumb Industries
Linda Marsicano, 773-354-2004
lmarsicano@gtigrows.com

Source: Compassionate Organics, LLC

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