OHIO CHAMBER’S NEW MEMBER SHANGRI-LA DISPENSARIES GROWS PRESENCE AROUND THE STATE
Shangri-La Dispensaries is one of the nation’s leading cannabis multistate operators, with grow- ing retail, manufacturing, and cultivation opera- tions in Missouri, Illinois, and Connecticut, and now a growing presence in Ohio. The privately held, minority-owned company currently operates four Ohio retail cannabis stores: 618 St Clair Avenue in Cleveland, 211 Brooks Drive in Monroe, 100 Clarence F Warner Drive in West Monroe, and 215 W. Fifth Street in Delphos. Four additional stores are planned for 2025—one each in Butler and Franklin counties and two in Hamilton County.
Brothers Nevil and Kepal Patel founded Shangri-La in Missouri in 2019 and have grown it to one of the na- tion’s most respected licensed multistate operators. “In less than five years, we’ve grown from one dispensary in Missouri to retail, manufacturing, and cultiva - tion operations across four states. Soon, Ohio will represent a significant portion of our portfolio,” said Nevil Patel, Shangri-La’s CEO. Ohio’s decision to legalize adult-use cannabis provided Shangri-La with the opportunity to expand its medi- cal cannabis services, providing recreational cannabis products to all adults.
“Ohio’s recreational legalization allows Ohio residents to enjoy the many natural benefits medical users experience. Shangri-La is dedicated to providing all Ohio consumers with cannabis education and a variety of products in safe and convenient locations through- out the state,” said Nevil Patel. Shangri-La’s four Ohio retail stores employ 75 people and are expected to contribute over $3.3 million in state and local sales tax revenue in 2024. When the four new stores open in 2025, they will employ an additional 60 people, pushing the expected annual state and local tax revenue to over $7 million. “Shangri-La’s Ohio locations are helping local customers find the products they need while contributing to the local economy and providing tax revenue to municipalities. Our goal is to provide these benefits throughout Ohio over the coming years through even more convenient locations,” said Kepal Patel, Shangri-La’s President. For more information about Shangri-La, please contact Nevil Patel at nevil@slcann.com.
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