CannaRoyalty (CSE:CRZ; OTCQX:CNNRF) shared the operational results from the opening of the inaugural dispensary in Arizona by its partner Alternative Medical Enterprises.
As quoted in the press release:
The Dispensary, the first of several planned for the state, brings the entire award-winning line of MüV cannabis infused products together in a single location and offers order-ahead pickup and delivery. AltMed also continues to offer its popular MüV products wholesale to many other dispensaries across the state.
“The successful grand opening of the first MüV by AltMed dispensary in Arizona is an important milestone for AltMed and for CannaRoyalty shareholders,” said Marc Lustig, CEO of CannaRoyalty.
AltMed CEO Michael Smullen added, “We had over 1,000 patients visit our Phoenix dispensary during the grand opening week and we generated sales well ahead of our expectations.