CANNAINVESTOR Magazine U.S. Publicly Traded August 2018 | Page 26

The company has four additional locations for which it has pre-qualified licenses – the mandatory, key step in establishing a medicinal cannabis dispensary in Puerto Rico. Its new location in San Juan, which has completed construction and will open immediately following final inspection and permitting, is in a busy, well-trafficked, commercial neighborhood within walking distance of the Tito Puente Amphitheatre and Luis Muñoz Park. The company’s nearly-completed Green Spirit RX dispensary in Fajardo is one of the island’s largest dispensaries. Fajardo is home to the largest marina in the Caribbean, Puerto del Rey, which is a hub for the majority of Puerto Rico’s recreational boating and a popular launching port for nearby islands Vieques, Culebra, and the U.S. and British Virgin Islands. Fajardo is popular among international tourists, and its beaches are bounded by calm, clear water ideal for snorkeling. It is also home to one of the few bioluminescent lagoons in the world, with nightly kayak trips offered by local companies who give educational tours. The Waldorf Astoria operates two luxury resorts in Fajardo, Las Casitas Village and El Conquistador Resort. Additional locations are underway in Bayamón, Puerto Rico’s second-largest municipality, and in Isla Verde. Isla Verde is the most popular beach vacation destination in the metro San Juan area, and attracts both leisure and business travelers. It is home to some of island’s most luxurious beachfront hotels, and Isla Verde Beach was voted the Best Urban Beach 2016 by USA Travel readers. Isla Verde is located within minutes of San Juan’s Luis Muñoz Marin International Airport, and boasts an active nightlife scene, with casinos, dance clubs and elegant lounges.

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