- Juva Life (JUVA) has started construction on their upcoming Redwood City, CA, retail location
- The company expects to open its retail cannabis storefront for business in Q1, 2023
- Juva Life employs state-of-the-art science to discover, develop and commercialize safe and effective wellness and pharmaceutical products
- Juva Life Inc. (JUVA) opened trading at C$0.135 per share
Juva Life (JUVA) announced that the company has started construction on their upcoming Redwood City, CA, retail location.
The company expects to open its retail cannabis storefront for business in Q1, 2023. It is located in Downtown Redwood City, California, at 2301 Broadway Street.
Doug Chloupek, CEO and Founder of Juva Life, commented on the news.
“Starting construction of our Redwood City Retail location is an exciting process. We are on track to open our doors in early 2023. Juva has proudly been delivering products for nearly 2.5 years in Redwood City and the surrounding areas, and we are excited to open our first cannabis brick-and-mortar retail store.”
Juva had received one of only four approvals within Redwood City, allowing storefront retail cannabis businesses in commercial and mixed-use zones. The process included a merit-based application to ensure high-quality retail cannabis business operators would be thoroughly reviewed and sufficiently qualified before receiving a permit.
Juva Retail RWC Inc. was the highest-scoring applicant overall. It received a total of 1,876 points in Phase III. When combined with the company’s Phase II score of 1,196 points, equals 3,072 points for a total score of 96 per cent.
The company continues its dual-pronged approach to its business. The other side of operations consists of pharmaceutical research and rigorous cannabis science to unlock the secrets behind the cannabis plant’s anecdotal benefits.
Juva Life employs state-of-the-art science to discover, develop and commercialize safe and effective wellness and pharmaceutical products. It focuses on both the cannabis consumer segment as well as the non-cannabinoid-based medical industry.
Juva Life Inc. (JUVA) opened trading at C$0.135 per share.