CANNAINVESTOR Magazine U.S. Publicly Traded September 2018 | Page 77

www.greenspiritrx.com

In Puerto Rico, GSRX hopes to become the island’s pre-eminent provider of medicinal cannabis, and by the end of 2018 plans to have up to 10 Green Spirit RX dispensaries in operation. Puerto Rico’s population stands at more than three million people; however, millions of tourists visit the island each year, and the territory’s reciprocating agreement with medical marijuana card holders from other U.S. states expands Puerto Rico’s potential consumer base significantly.

The company’s existing and future dispensary locations in Puerto Rico are strategically planned to capitalize on the needs of the local population, as well as the island’s influx of millions of tourists each year. Present locations are in Dorado, Carolina and Hato Rey, San Juan’s most densely populated district. Hato Rey is close to numerous medical offices and facilities, and is heavily trafficked. Dorado is the island’s “gold coast,” and home to luxury resorts, hotels and golf courses, including Dorado Beach – A Ritz-Carlton Reserve, the Caribbean’s only 2017 Forbes Five-Star Hotel and Spa award winner. Dorado Beach East is one of the islands most sought-after luxury residential areas, and home to some of Puerto Rico’s most exclusive neighborhoods and multi-million dollar residences. Carolina is Puerto Rico’s fourth-largest city. Located on the island’s northeast coast, Carolina is home to Puerto Rico’s main airport, the Luis Muñoz Marin International Airport, and is one of Puerto Rico’s most important tourist centers.

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