As the health of the cannabis space continues to improve during 2019, a number of stocks in the space have gone on a new run, which leaves investors with the task of identifying those with value that haven’t, such as Liberty Health Sciences Inc (OTCMKTS:LHSIF). To make matters even more interesting, the company just announced that on February 19th, it will open its first dispensary in Broward County, in the city of Dania Beach.

According to the release, “The Dania Beach location will serve a population of approximately 1.9 million people, and the new dispensary provides customers in the Fort Lauderdale and Hollywood area access to premium marijuana products in a relaxed environment that reinforces consistent quality, customer care and one-on-one education outreach.”

Liberty Health Sciences Inc (OTCMKTS:LHSIF) frames itself as a company that engages in the production and distribution of medical cannabis primarily in the State of Florida.

It has a strategic partnership with Veterans Cannabis Project to support various research projects focused on the treatment of service related trauma with cannabis derived products; and partnership with AdaViv Inc. to enhance production of cannabis.

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The company is headquartered in Toronto, Canada.

Liberty Health Sciences was established to own and operate medical marijuana licenses in the United States. To date, the company owns one of 14 licenses issued in the state of Florida as well as 50.1% interest in a provisional processing license and a provisional dispensary license, both in Ohio. Liberty has also made an investment in a provisional medical license in the Commonwealth of Massachusetts.

According to company materials, “Liberty is the cannabis provider committed to providing a trusted, high quality cannabis experience based on our genuine care for all cannabis users and a focus on operational excellence from seed to sale and beyond. Liberty’s measured approach to expansion opportunities maximizes returns to shareholders, while keeping consumers’ well-being at the forefront of what we do.”

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As noted above, LHSIF just announced that on February 19th, the company will open its first dispensary in Broward County, in the city of Dania Beach.

Recent action has seen 10% piled on for shareholders of the company during the trailing month. What’s more, the name has seen a growing influx of trading interest, with the stock’s recent average trading volume running 21% above its longer-run average levels.

“We are aggressively accelerating our store count to fulfill our largest obligation, of which is accessibility of pharma grade products,” said George Scorsis, CEO of Liberty. “We are excited to open our Dania Beach location, which will prove to be a very popular destination as we continue to concentrate on making our premium products and services available to more customers across Florida. Dania Beach will continue to showcase our esthetically appealing and patient accommodating store layouts accompanied by innovative and engaging displays. The new dispensary also features a waiting room, along with private consultation rooms, to safely and comfortably serve our customers.”

Earning a current market cap value of $284.02M, LHSIF has a significant war chest ($22.1M) of cash on the books, which compares with about $7.2M in total current liabilities. LHSIF is pulling in trailing 12-month revenues of $7M. In addition, the company is seeing major top-line growth, with y/y quarterly revenues growing at 2517.1%. This is an exciting story, and we look forward to a follow-up chapter as events transpire. Sign-up for continuing coverage on shares of $LHSIF stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $LHSIF, either long or short, and we have not been compensated for this article.