VidaCann, A Leading Provider of Medical Cannabis in Florida, Announces $25 Million Expansion of Operations to Include Over 600,000 Sq Ft of Cultivation Space, Adding Over 300 New Jobs

Additionally, VidaCann to Open 10 New Dispensaries in 2020, With Projected Target of Over 35 Total Locations Statewide by End of 2021

(JACKSONVILLE, FL) December 9, 2019… VidaCann, one of the largest and most advanced providers of medical cannabis in Florida, has announced a $25 million expansion of operations that will include over 600,000 square feet of total cultivation space, making VidaCann one of the largest medical cannabis producers in the state. The company currently has 200 employees and the expansion will add over 300 new jobs statewide. VidaCann is a privately held company, 100% owned and operated by Floridians, committed to providing patients safe, effective and all-natural cannabis products.

VidaCann’s expansion of its state-of-the-art cultivation space from 175,000 square feet to over 600,000 square feet is currently in progress, with expected completion by the end of 2021. This expansion will increase VidaCann’s footprint statewide and allow the company to ramp up production to meet patient demand. The company holds itself to the highest standard of operations with proprietary organic cultivation in cGMP-certified processing and analytical labs, meeting all FDA requirements. VidaCann is the only cannabis company in the state to use custom-made Italian extractors that can process over 400 pounds of product per day.

“As the second fastest growing medical marijuana market in the U.S., we have seen the ever-increasing demand from patients across Florida for our safe and effective cannabis products and with this investment in our expansion, our goal is to ensure VidaCann products are readily and easily available to help those who need it,” said Peyton Moseley, Vice President of Product Development, VidaCann.

VidaCann currently has dispensaries in Bonita Springs, Bradenton, Daytona Beach, Deerfield Beach, Jacksonville, Orlando, Palm Bay, Pensacola, Port Charlotte, St. Petersburg, Tallahassee, Tampa and West Palm Beach, which includes free delivery statewide. VidaCann is set to open 10 dispensaries in 2020 which includes five locations opening in the next six months in Miami, Lakeland, Cape Coral, Gainesville and a second location in Orlando. The company is projected to have over 35 dispensary locations opened and operating statewide by the end of 2021.

Through time-honored organic cultivation methods coupled with cutting-edge technologies, VidaCann produces more than 30 premium strains and over 200 product SKUS that include flower, tinctures, capsules, topicals, vapes and concentrate syringes. Additionally, VidaCann is the exclusive provider in the state of Florida of the proven Stanley Brothers products with Charlotte’s Web™ inside and world-renowned Tikun Olam products.

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ABOUT VIDACANN

VidaCann is a Jacksonville-based flowering plant nursery that has been in the Florida market since 1949 and provides patients with the safest and most effective cannabinoid products on the market. With a passion for organic cultivation, VidaCann’s products are rigorously tested and manufactured in our cutting-edge, cGMP certified laboratory meeting all FDA requirements, resulting in the best and highest purity products in the Florida market. Additionally, we are Florida’s exclusive provider of Stanley Brothers products, the creators of the well-known Charlotte’s Web™ brand and of global medical cannabis pioneer, Tikun Olam. VidaCann is proud to partner with the Realm of Caring Foundation, a 501(c)(3) not-for-profit organization that provides support services for individuals using cannabinoid therapy. For more information, including delivery and dispensary information, please visit VidaCann.com and follow us on Facebook, Instagram, Twitter and LinkedIn @vidacannflorida.

 

MEDIA CONTACT:
Megan Duzi Ascik
Communications & Media Relations, VidaCann
media@vidacann.com

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