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Cannabis Retailer Opens Stores in the US Malls



Green Growth Brands opened the first of more than 100 shops in American malls selling CBD-infused products.
Cannabis Retailer Opens Stores in the US Malls

The operator of shopping centers Simon Property Group and the company Green Growth Brands (GGB), engaged in the production of marijuana, announced the beginning of cooperation.

Within its framework, in the near future, 108 stores that sell various goods containing cannabidiol will open in the United States.

The companies said that the first outlet would open in March at the Castleton Square Mall in Indianapolis. Others are scheduled to open later this year, reports Next Brands website. They will be located in many of the country's large shopping centers, including Roosevelt Field Mall in New York and the large shopping center Galleria in Houston.

It is planned that this project will help GGB increase consumer awareness about their products (the range of which includes health products and cosmetics, etc.) and about the development of the industry as a whole. Simon Property, in turn, receives a new unique tenant for its shopping centers. Real estate owned by the company is going through hard times after a number of stores located in it have closed as a result of the bankruptcy of their own brands or their restructuring.

“We are constantly looking for new interesting concepts and strive to attract new dynamic retailers to our shopping centers. The GGB shopping experience is exactly the kind of innovation that our customers expect from us, ”said John Rulli, president of Simon Malls.

Peter Horvath, CEO of GGB, said his company was already in talks with five other major developers and plans to open 300 stores (including 108 with Simon Property) by the end of 2019.



More about shopping malls in the USA



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Mall of Tripla, the shopping centre that will be opened in Central Pasila in autumn 2019.
DAY BEFORE YESTERDAY, USA:
Brand's first Arizona club to serve as a new community hub for holistic healthy living.
Feb 13, 2019, United Kingdom:
The fast growing operator of premium outlets reports strong results, boosted by increased footfall and average spend per guest.
Feb 8, 2019, USA:
Bowling, karaoke, ping pong and arcade concept joining AMC Theatres to round out third-floor entertainment zone.
Feb 7, 2019, United Kingdom:
The £72 million construction at intu Lakeside will introduce new restaurants and leisure brands to the southeast of England.
Jan 25, 2019, USA:
A modern-made coworking combined with a cafe and a shop, open to everyone.
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K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City


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