First State Compassion Center Off to Great Start With MariMed Advisors
Delaware's First Medical Cannabis Dispensary Serves Hundreds in First Days
BOSTON, MA and WILMINGTON, DE -- (Marketwired) -- 07/02/15 -- MariMed Advisors (a subsidiary of Worlds Online) (OTCQB: WORX) shared the excitement of Delaware medical marijuana patients as First State Compassion Center (First State), Delaware's first medical marijuana dispensary, opened its doors at 37 Germay Drive in Wilmington on June 26 and sailed smoothly through its first days of business. MariMed has been assisting First State since its infancy, providing advisory services on all aspects of the business including site selection, license application, design, cultivation, security, staffing, operations, and optimization as well as raising funding for the facility.
MariMed is recognized as an industry leader for the development and build-out of State-licensed medical cannabis facilities. Its team developed the highly regarded, state of the art and regulatory compliant Thomas C. Slater Compassionate Center in Rhode Island. First State has adopted MariMed's proven replicable, systematic approach to efficient operations, compliance and customer service that helps clients make the right decisions that improve quality and mitigate risk.
"It has been so gratifying for our team to provide hundreds of patients with access to a safe, secure environment where they can purchase high quality cannabis to treat their qualifying medical conditions," stated Mark Lally, CEO of First State Compassion Center. "MariMed's expertise was invaluable in obtaining our licenses and opening our facility."
"We have spent well over a year working with the First State team teaching them how to leverage our national experience and 'best practices.' They are off to a stellar start," Robert Fireman, CEO of MariMed Advisors. "First State has a solid, diverse team that has diligently adapted our processes and procedures to create an efficient, first class cultivation and dispensary uniquely tailored to Delaware's laws and patient needs."
First State operates under strict state requirements for security, packaging, laboratory testing, quality controls, technology, employee background checks, cultivation and inventory. It offers Delaware patients a welcome alternative to drug dealers who do not uphold these same standards nor pay taxes.
Fast Facts about First State Compassion Center:
- Hours of Operation: Monday through Friday 10:30 a.m. - 6:30 p.m., Saturdays 10:00 a.m. - 4:00 p.m.
- State officials say there are 340 Delaware residents who carry cards allowing them to use medical marijuana and nearly 100 more applications are in various stages of the 60-day processing period. More are expected to apply for cards now that the first dispensary is open.
- First State plans to offer oils, ointments and smokable cannabis products.
- Medical Marijuana is approved for use in Delaware by patients who suffer from chronic pain, cancer, HIV/AIDS, ALS, Alzheimer's, Post Traumatic Stress Disorder and conditions that cause intractable nausea, severe pain or seizures, among other illnesses.
- FSCC is limited to growing 150 plants at a time and 1,500 ounces in inventory.
- Patients are limited to purchasing six ounces per month.
About First State Compassion Center
First State Compassion Center (FSCC) is Delaware's first and only medical marijuana dispensary. FSCC focuses on its five core competencies of Care, Compassion, Culture, Compliance and Community that underscore its commitment to providing safe access to high quality, affordable medicine to licensed patients in Delaware. Additional First State information is available at http://www.firststatecompassion.com and www.facebook.com/firststatecompassioncenter or by calling 302 543-2100.
About MariMed Advisors/DispensaryPermits.com:
MariMed Advisors provides total solutions for the design, development, operation, funding and optimization of medical cannabis cultivation centers and dispensaries. The MariMed team developed the highly regarded, state of the art and regulatory compliant, Thomas C. Slater Compassionate Center in Rhode Island, which serves as replicable and scalable model of excellence. It merges commercial horticultural principles with proven cannabis production techniques. With its affiliate, DispensaryPermits.com, MariMed has secured both award winning license applications and market shares for its clients in multiple states, creating one of the best track records in the industry. MariMed provides turn‐key management, funding, staffing and personnel training, implementing best practices in the industry. It is on the forefront of medical research working with physicians and scientists to create precision dosing to treat specific conditions.
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Forward Looking Statements:
This release contains certain forward-looking statements and information relating to Worlds Online Inc. that is based on the beliefs of Worlds Online management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company's services and products, changes in the economic environment and changes in technology. Additional risk factors are included in the Company's public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as "hoped," "anticipated," "believed," "planned, "estimated," "preparing," "potential," "expected" or words of a similar nature. The Company does not intend to update these forward-looking statements. None of the content of any of the websites of any other party referred to herein (even if a link is provided for your convenience) is incorporated into this release and the Company assumes no responsibility for any of such content.
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Source: Worlds Online Inc.
Released July 2, 2015