N H Corp expands footprint into retail dispensaries

By: N H Corp
 
 
Cannabis Top 10 Grow
Cannabis Top 10 Grow
MINNEAPOLIS - Sept. 25, 2023 - PRLog -- N H Corp, today announced the addition of a new dispensary model with Sprout™ Cannabis, a fully integrated cannabis operator entering the Minnesota adult use cannabis industry.

Sprout represents the Company's first foray into the dispensary business in Minnesota, a state with more than 250,000 lbs. in product demand projected by year end 2025. The proximity to Wisconsin, Iowa, North and South Dakota, all offer the additional appeal of cannabis tourism, due to their lack of adult-use legislation, allowing it to serve as one of the cornerstones for the Company's midwest strategy.

Sprout will open three dispensaries in the Twin Cities, located in Minnesota. With approximately 3800 lbs. monthly demand projected market share per location in 2025.

"No debt and a significant cash position gives us a strong balance sheet, with access to the growth capital required to fund our strategic plan," said a spokesperson for Sprout. "We are proud to execute on a plan to attract investors, and by leveraging this strong foundation, as we near the completion of this transformational year."

Sprout is designed to provide a convenient and comfortable guest experience as well as improved access to high-quality cannabis products capable of addressing a range of unmet health and wellness needs.

For more information about Sprout Cannabis, please visit https://sproutcannabis.com.

About N H Corp.

N H Corp. is committed to social justice and cannabis legal reform. Our partnerships with the leading organizations championing these changes sets us apart from others in the industry.
End
Source:N H Corp
Email:***@nhmn.co Email Verified
Tags:Cannabis
Industry:Retail
Location:Minneapolis - Minnesota - United States
Subject:Products
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