Verano Expands Cabbage Club™, its Disruptive Retail Membership Club, to Connecticut, Maryland and Michigan – StockTitan

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(Positive)

Rhea-AI Summary

Verano has announced the expansion of its Cabbage Club™, a cannabis membership program, to Connecticut, Maryland, and Michigan. Following successful rollouts in New Jersey and Illinois, the program offers exclusive benefits including monthly store credits, early access to products, special events, and line-skipping privileges. The expansion targets key adult-use markets with a combined population of over 15 million. Cabbage Club™ membership tiers range from $149 to $249 annually, offering cash perks that exceed membership dues. The company plans further expansion across its 142 dispensaries in 13 states. Starting July 1, consumers can join the club at a discounted rate.

Positive

Expansion of Cabbage Club™ into three new states: Connecticut, Maryland, and Michigan. Membership offers tangible benefits including monthly store credits and seasonal coupons. Expansion targets markets with over 15 million adults, indicating significant growth potential. Membership tiers provide more cash value than the annual dues. Plans to expand Cabbage Club™ to 142 dispensaries in 13 states. 06/26/2024 – 06:00 AM

Following its Initial Rollout in New Jersey and Illinois, Cabbage Club Offers Cannabis Consumers

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