Nectar Holdings, Inc. Announces the Grand Opening of 8th Oregon Cannabis Dispensary
PORTLAND, Ore., April 27, 2017 /PRNewswire/ — Nectar Holdings, Inc. (“Nectar”) the vertically integrated, market-share leading, Oregon cannabis entity, is opening its eighth retail location in the Burlingame neighborhood of Portland, Oregon. This is Nectar’s eighth Oregon Liquor Control Commission (“OLCC”) dispensary participating in full recreational and medical sales. The company operates eight OLCC licensed dispensaries, five OLCC licensed cultivation centers and three OLCC licensed wholesale and distribution licenses.
The 2,800 square foot facility is located at 8601 SW Terwilliger Blvd, in the heart of Burlingame, a very desirable and upscale neighborhood with excellent proximity to major freeways and arteries.
We are pleased to be expanding our foot print in the city of Portland. Portland houses more than 2.5 million residents of the 4.4 million residents of Oregon. Continuing to build out our presence in Oregon’s highly populated neighborhoods and cities is something we believe will further compliment Nectar’s expansion plans.
Nectar COODevra Karlebach
11.6% of Burlingame residents work from home which represents a higher percentage of people working from home than 95.8% of the neighborhoods in America. Burlingame is uniquely immersed with more urban sophisticates than 95.9% of neighborhoods across the country. Burlingame residents are executives and managers by week and serial patrons of the arts, shops and restaurants at night and on weekends with above average disposable incomes. This neighborhood has a higher income than 80.4% of the neighborhoods in America.
The Burlingame location is the fifth Adult-Use Dispensary with allowable Medical Sales Nectar has opened inside of the Portland metropolitan area where it already has four popular dispensaries strategically placed throughout the city. Eugene, Gresham and Tillamook are home to Nectar’s