CPC of Missouri announced that it has opened its first dispensary in Missouri. The dispensary is located at 1004 45th Street in the fashionable West Plaza area of Kansas City. Open seven days a week, the dispensary is over 3,000 square feet including a retail space as well as a seminar room and consultation rooms for private discussions.
Operating under the Calyx Peak brand, LOCAL, the dispensary offers all the form factors allowed under the Missouri Department of Health and Senior Services regulations to qualified medical patients and caregivers, including dried flower, pre-rolls, vapes, edibles, and other inhalables, ingestibles, and concentrates.
“We are very excited to be able to serve the needs of the community through our dispensary and provide safe high-quality medical cannabis to patients,” said Calyx Peak CEO Erin Carachilo and CPC of Missouri Chief Operating Officer Lee Hoffman. “In addition, our product portfolio and award-winning genetics could be available once we complete our cultivation in Smithville, Missouri next year.”
Missouri’s medical cannabis program sales started in October of last year and has totaled over $160M as of end October 2021, according to the Missouri Department of Health and Senior Services. Total sales in October 2021 alone reached approximately $24M. As of October 31, 2021, there were close to 198,000 patient applications and 6,300 caregiver applications in the state, representing over 3% of the general population. Missouri’s regulations provide for numerous qualifying medical conditions for treatment with cannabis, including, among others, cancer, epilepsy, PTSD, HIV/AIDS, terminal illness, Alzheimer’s and any chronic medical condition normally treated with prescription medication that can lead to dependence
About Calyx Peak Inc.
CPC of Missouri is a wholly owned subsidiary of CPC of MO Holdco, LLC a joint venture between local Missouri investors and Calyx Peak Inc. As of November 2021, Calyx Peak Inc held licenses and operates in California, Missouri, and Massachusetts. Calyx Peak hopes to be vertically integrated in all three states by the end of 2022. Additional information is available at www.calyxpeak.com.
CPC of Missouri Contact:
Chief Operating Officer
This press release contains statements that Calyx Peak Inc believes to be “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding Calyx Peak in California, Missouri, and Massachusetts are forward-looking statements. When used in this press release, words such as we “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or “should” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. Calyx Peak disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.