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AltMed Florida to Open its 23rd MÜV™ Medical Cannabis Dispensary in the Fastest Growing community in the United States, Lakewood Ranch
June 25, 2020

AltMed Florida to Open its 23rd MÜV™ Medical Cannabis Dispensary in the Fastest Growing community in the United States, Lakewood Ranch

AltMed Florida, one of the fastest growing MMTCs in the state (source: OMMU), continues its statewide expansion with a three-day opening, starting Monday June 29 at 10am for its newest MÜV™ Medical Cannabis Dispensary at 8465 Heritage Green Way, Bradenton, FL.

Opening in a busy retail plaza that houses a Crunch Fitness, MÜV’s first dispensary in Bradenton is easily accessible and highly visible off State Road 64 just east of Interstate-75.

AltMed Florida has continued to bring jobs and revitalization to Florida communities during the pandemic – more than doubling its dispensaries from 11 to 23 in 2020 alone.

“The more Floridians become aware of the benefits of medical cannabis the more inquiries we receive from people across the state asking when we’ll open a location in their area,” said Todd Beckwith, AltMed Director of Corporate Affairs. “We’re happy to answer the call and offer our wide range of premium products to residents of Bradenton and Lakewood Ranch. We’re also excited to bring new jobs to the Bradenton economy and help to drive business in the area.”

This MÜV™ Medical Cannabis Dispensary is the third to serve the greater Sarasota market joining dispensaries on Fruitville Road in Sarasota and on the Tamiami Trail in North Port.

“Being able to bring our world class products to Bradenton is a win win for local patients. They will love what we offer and appreciate our incredibly helpful staff, and the modern, clean, streamlined aesthetic of our dispensaries,” said John Tipton, AltMed Florida CEO. “We’re a homegrown privately owned Florida company that’s proud of our roots. We’re thrilled to be creating jobs and economic growth for communities across our state.”

Deemed an essential service during the pandemic, AltMed Florida has been able to expand its workforce to over 500 employees with additional teams coming onboard at each of its 12 new dispensaries this year. With higher demand for products from 23 total dispensaries, AltMed has also generated additional construction employment and staffing with the expansion of its 220,000-square-foot cultivation facility in Apollo Beach.

During the Bradenton/Lakewood Ranch opening, staggered over three-days (June29-July1) for crowd mitigation, all licensed Florida medical cannabis patients will receive a one-time use only, one per patient, 25 percent off their entire first purchase. Patients are also encouraged to order at muvfl.com for express pickup or delivery to help reduce heavy traffic.

The newest state-of-the-art MÜV™ Lakewood Ranch dispensary will provide award-winning products to medical cannabis patients including an extensive selection of flower, pre-rolls, vaporizer pens, metered dose inhalers, topicals, oral sprays, patent-pending encapsulation formulations in its Tinctures, 72-Hour Transdermal patches and transdermal gels. MÜV also has one of the widest selections of concentrates for patients’ needing macro-dosing options.

Like AltMed Florida’s 22 other locations (Apollo Beach, Bonita Springs, Clearwater, Deerfield Beach, Fort Myers, Gainesville, Jacksonville/San Marco, Jacksonville Beach, Lady Lake, Lakeland, Longwood/Orlando, Lutz, North Port, Downtown Orlando, Ormond Beach, Pensacola, St.Petersburg, Sarasota, Sebastian, Tallahassee, Tampa and Wellington/West Palm), the new Lakewood Ranch MÜV dispensary stands out because it’s designed as a premium experience – think Apple Store, with a modern open-concept design and expert staff with extensive training.

The MÜV brand already has a wide following in other legal medical cannabis markets, including Arizona, where it has won five Best of Arizona medical cannabis awards. MÜV products are sold exclusively in Florida at MÜV dispensaries because, unlike other states, Florida does not allow wholesale of product between license holders - only products that license holders make themselves can be sold in their dispensaries.

For more information about the new ADA-compliant MÜV Medical Cannabis Dispensary in Bradenton/Lakewood Ranch, including hours and available MÜV products, visit muvfl.com.

AltMed Florida is on pace to open 40 MÜV Medical Cannabis Dispensaries across the state, all supplied by its 220,000-square-foot, state-of-the-art cultivation facility.

About MÜV™

The MÜV™ brand of medical cannabis infused products launched in Arizona in 2016 and quickly gained international attention and recognition. MÜV Dispensaries by AltMed Florida was formed a year later through the partnership of AltMed Enterprises and Plants of Ruskin, a multi-generational Florida agricultural leader. Through continual research and development, MÜV has received multiple patents for its award-winning MÜV Products line that provides quality, consistent and reliable medical cannabis products to patients at all 28 locations (one in Arizona muv-az.com, 27 in Florida muvfl.com, and more added each month). Patients are encouraged to place reservations online at muvfl.com for in-store pickup, order for delivery, or visit any one of the 27 MÜV Dispensaries for alternative medical cannabis medicine you can trust.

About Plants of Ruskin, LLC - d.b.a. AltMed Florida, LLC

With a focus on quality and attention to detail, Plants of Ruskin has more than 35 years of experience in providing seedlings to farmers for vegetable and medical product production. Plants of Ruskin founders, the Dickman Family, are 4th generation farmers with a long history of working in conjunction with the University of Florida, including an endowed chair specifically dedicated to plant improvement.

About AltMed Enterprises

Alternative Medical Enterprises, LLC, headquartered in Sarasota, FL and doing business as AltMed Enterprises, is a fully integrated medical cannabis company that brings compassion, community engagement and pharmaceutical industry precision to the development, production and dispensing of medical cannabinoids.

Forward-Looking Statements - To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking in nature and merely express our beliefs, expectations or opinions. For example, words such as “may,” “should,” “estimates,” “predicts,” “continues,” “believes,” “anticipates,” “plans,” “expects,” “intends,” “potential,” “strategy” and similar expressions are intended to identify forward-looking statements. Such statements are based on current expectations or estimates and involve a number of known and unknown risks and uncertainties that could cause our actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause or contribute to these differences include, but are not limited to, the following: (i) our ability to implement our business strategy of distributing high quality cannabis products where permissible under applicable law; (ii) availability and cost of additional capital; (iii) our ability to attract, retain and motivate qualified employees and management; (iv) the impact of federal, state or local government regulations; (v) competition in the cannabis industry; (vi) our ability to generate revenues; and (vii) litigation in connection with our business. All forward-looking statements included in this press release and attributable to us or any person acting on our behalf are qualified by this cautionary statement. Forward-looking statements speak only as of the date on which they are made, and, except as required by law, we undertake no obligation to update or revise any forward-looking statement, regardless of whether new information becomes available, future developments occur or otherwise.

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