Eaze has finalized the closing of its asset purchase and started operations at 70 retail locations and two cultivation sites. The company said it completed the hiring and onboarding of approximately 1,100 employees across California, Colorado, and Florida.
In addition, Eaze is celebrating the first planting of its newly expanded Green Dragon Florida cultivation facility. This milestone marks the next phase of growth, ensuring greater production capacity to meet rising market demands at its 40 retail locations. The expansion will increase the indoor flowering canopy from 32,000 square feet to 64,000 square feet. Products from the expansion will be available starting in April 2025 with new genetics. The increased flowering canopy allows for higher production volumes while maintaining the improving product consistency customers have come to expect. Alongside Green Dragon's growth in production at its Palatka facility, the company is opening its 40th retail location in Cape Coral, Florida later this month.
"Through our partnership with Node Labs, cultivating cannabis using well-known and proven genetics, we're setting a new standard for quality and consistency in the Florida market. This focus ensures our flower stands out in the market, delivering exceptional experiences that our customers can trust and appreciate," said Ryan Milligan, vice president of cultivation and production at Eaze.
The first planting event brought together Eaze's Palatka Cultivation team to celebrate this milestone.
The flurry of activity for Eaze comes after the company late last year received a $10 million funding injection that it allowed it to reopen under new ownership after previously shutting down and selling off assets.
