DORADO, Puerto Rico, Oct. 02, 2018 (GLOBE NEWSWIRE) -- GSRX Industries Inc. (OTCQB:GSRX) (“GSRX” or, the
“Company”), through its wholly-owned subsidiary, Project 1493 LLC, announced today that it has officially commenced retail
operations at the Company’s newest Green Spirit RX medicinal cannabis dispensary located in San Juan, Puerto Rico.
The new Green Spirit RX medicinal cannabis dispensary, the Company’s fourth fully-operating location in Puerto
Rico, is located at 509 Av. Andalucia, San Juan, Puerto Rico 00920, a commercial area situated between Av. Franklin Delano
Roosevelt and Av. Jesús Toribo Piñero. The dispensary is a safe, secure and beautifully appointed space where patients are afforded
both private consultation and a wide assortment of medicinal cannabis products for purchase. The dispensary is located within
walking distance of the city’s Tito Puente Amphitheatre and Luis Muñoz Marin Park, and is a short drive from Plaza las Americas and
Hiram Bithorn baseball stadium.
In addition to its new San Juan location on Av. Andalucia, GSRX currently operates three other Green Spirit RX
locations in Dorado, Carolina, and the Hato Rey neighborhood of San Juan. The Company also has five additional locations under
construction or near completion Puerto Rico, located in Isla Verde, Fajardo, Bayamón, and Old San Juan, and Guaynabo. GSRX recently
received pre-qualified licenses for cannabis manufacturing and transportation, which allows for at-home patient delivery, in Puerto
Rico. The Company also owns and operates The Green Room, a cannabis dispensary in Point Arena, California.
As reported last week, the Company is in the final stages of acquiring Dispensario 420 medicinal cannabis
dispensary in Caguas, having recently completed the dispensary’s license transfer (Dispensario 420). Following final inspection and receipt of the requisite establishment license,
the dispensary will be rebranded Green Spirit RX.
As previously announced (GSRX Sets Date to Announce Results), the Company will report third quarter 2018 financial and
operating results on October 18, 2018.
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. Currently, GSRX operates five cannabis dispensaries in California and
Puerto Rico, and has five additional pre-qualified locations in Puerto Rico, all of which are in various phases of development and
construction.
Websites:
Green Spirit RX https://www.greenspiritrx.com/
Spirulinex https://www.spirulinex.com
Sunset Connect https://www.sunsetconnect.co
Instagram:
Spirulinex https://www.instagram.com/spirulinex/
Sunset Connect https://www.instagram.com/sunsetconnect/
The Green Room https://www.instagram.com/greenroommendo/
Facebook:
Green Spirit RX (Puerto Rico) https://www.facebook.com/Green-Spirit-Rx-746194692378429/
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
