2023 Power 50: 46. Derrick Gibbs Jr.
Derrick Gibbs Jr.
Entrepreneur Derrick Gibbs Jr., CEO and founder of Middletown-based homecare and behavioral health provider Change Inc., is pivoting into a new industry: cannabis.
Gibbs is hoping to soon open his equity joint venture cannabis dispensary Budr Hartford LLC in West Hartford. He received approvals from the town in late 2022 to move forward with the project.
Gibbs said he’s renting part of a retail building at 1037 Blvd., for the dispensary, which will take up between 3,500 to 4,000 square feet. There’s an additional 1,500-square-foot section of the property that can be used for take-out food services and he’s marketing that space to other businesses that would like to operate next to the dispensary.
Gibbs is partnering with Chicago-based Green Thumb Industries for his equity joint venture.
Gibbs, a former firefighter who once considered becoming a nurse, founded Change Inc. in 2009. The Middletown-based homecare and behavioral health services provider caters to people with diagnosed mental illnesses, brain injuries, developmental needs and the elderly.
He also runs Middletown-based Nurses at Home.
Change Inc. has made some acquisitions in recent years. In 2019, it bought Maple Leaf Manor, a Hartford residential care home for adults. A year earlier it acquired Bozrah-based QC Homecare Solutions' homecare division.
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