DORADO, Puerto Rico, Aug. 21, 2018 (GLOBE NEWSWIRE) -- GSRX Industries Inc. (OTCQB: GSRX) (“GSRX” or the
“Company”) announced today that it has received a Certificate of Occupancy from the Puerto Rico Office of Permit Management
for its newest Green Spirit RX pre-qualified medicinal cannabis dispensary location in Puerto Rico.
The newest Green Spirit RX medicinal cannabis dispensary is located at Bo. Quebrada de Fajardo, Carr. #3 Km.
44.9. At nearly 5,000 square feet, GSRX’s Fajardo dispensary will be one of the island’s largest.
An oceanside community, 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 tourists, and its beaches are bounded by calm, clear waters 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. Fajardo is also home to the Waldorf Astoria’s world-class spa and resort, the El
Conquistador.
There are currently three Green Spirit RX locations operating in Puerto Rico – in Dorado, Carolina, and Hato
Rey, the most heavily populated district of San Juan. The Company has four pre-qualified locations, in addition to the
Fajardo dispensary, that are currently under construction or near completion. Those are located in Isla Verde, San Juan,
Bayamón, and Old San Juan. GSRX recently received pre-qualification and preliminary approval for a medicinal cannabis
manufacturing license (Manufacturing) and a medicinal cannabis transportation license (Transportation), the latter of which will allow the Company to transport and deliver cannabis
between Green Spirit RX dispensaries and patients’ homes in Puerto Rico. The Company also owns and operates The Green Room, a
cannabis dispensary in Point Arena, California.
About GSRX Industries Inc.
GSRX Industries Inc. (OTCQB: GSRX), through its subsidiaries, is in the business of acquiring, developing and operating retail
cannabis dispensaries, and is in the process of expanding its business to include the cultivation, extraction, manufacture and
delivery of cannabis and cannabinoid products. To date, GSRX has acquired and operates four cannabis dispensaries in
California and Puerto Rico, and has acquired five additional pre-qualified locations in Puerto Rico, all of which are currently
under construction and expected to open later this year.
Follow us on Instagram:
Green Spirit RX (Puerto Rico) https://www.instagram.com/greenspiritrx/
Spirulinex https://www.instagram.com/spirulinex/
Sunset Connect https://www.instagram.com/explore/tags/sunsetconnect/
Green Spirit Essentials https://www.instagram.com/explore/tags/greenspiritessentials/
The Green Room https://www.instagram.com/explore/locations/504270803090625/the-green-room/
Follow us on Facebook:
Green Spirit RX (Puerto Rico) https://www.facebook.com/GreenSpiritRx/
Spirulinex https://www.facebook.com/spirulinex/
The Green Room https://www.facebook.com/greenroommendo/
Forward-Looking Statements
This press release contains forward-looking statements. Such statements include statements regarding our expectations,
hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy,
competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with
applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from
those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking
statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this
document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to
update any forward-looking statement except where applicable law requires us to update these statements. Market data used
throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are
based upon their review of internal surveys, independent industry publications and other publicly available information.
Contact:
Paul Gendreau
PGPR
paul@pgprmedia.com
678-807-7945
