Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Advanced Container Technologies Inc. (ACTX) Message Board

420 with CNW — Hurricane Ian Forces Closure of C

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 527
(Total Views: 221)
Posted On: 10/10/2022 5:17:24 PM
Avatar
Posted By: NetworkNewsWire
420 with CNW — Hurricane Ian Forces Closure of Cannabis Businesses in Florida

Hurricane Ian has left structural damage and destruction in its wake, with more than 100 cannabis businesses in Florida being forced to close. Data from the National Hurricane Center and the Florida Office of Medical Marijuana Use show that over one-half of the medical cannabis stores in the state of Florida are located in the direct path of the potential storm surges and excessive rainfall.

Some of the medical cannabis retailers operating in the state have been providing updates on closures via social media as well as through their websites. This includes Liberty Health Sciences, which closed 39 of its 51 dispensaries but has since reopened its stores located in West Palm Beach, Stuart, Port St. Lucia and Dania Beach. The enterprise is a unit of Ayr Wellness, which is based in Miami.

Trulieve Cannabis, the biggest dispensary operator in the state, also closed 55 of its 120 stores. In addition to this, MÜV also shut down about 30 of its 59 stores last week.

Ayr Wellness VP of retail, Sevi Borrelli, stated in a recent interview that the company’s current priority was to ensure that all their employees were accounted for and safe. This sentiment is shared by state operators, who were also focused on ensuring employee safety. Borrelli added that the company’s regional managers had been checking in with their associates, applauding the team in Florida, which did a great job in preparing for the storm and navigating it safely. He noted that the key focus was still to provide patients with access to their medicine, revealing that they were currently working on a reopening strategy.

Verano Holdings, which owns MÜV, has also prioritized the safety and health of its workforce in the state. In its statement, the company encouraged patients to visit its blog, which would offer real-time hurricane and dispensary updates as management continued to monitor the storm.

It is expected that Hurricane Ian’s toll will be unmatched, given that by last Thursday, more than 2.5 million business and residential electric customers were without power. This represents almost one-quarter of the energy customers in the state. Additionally, massive power outages were recorded in Sarasota, Collier and Lee Counties.

Cannabis business operators in other regions are also preparing for the storm. For instance, Brandon Johnson, CEO and founder of TRP, revealed that TRP’s primary concern was employee safety. Other companies, such as Weedgets, have gone the extra mile, ensuring that their employees were safe and that their inventory was moved to elevated locations to avoid any damage. It is in such situations that the usefulness of vertical growing equipment from companies such as Advanced Container Technologies Inc. (OTC: ACTX) may have limited possible damage to commercial indoor cultivation operations.

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer




(0)
(0)




Advanced Container Technologies Inc. (ACTX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us