Order Online for Express Pickup!

BizJournals: Diego Pellicer’s second premium marijuana shop opens at raided dispensary

Diego Pellicer Worldwide Inc. opened a second high-end marijuana shop in Denver at the site of a dispensary raided by federal authorities in 2013.

The Seattle-based cannabis real estate developer says it’s collecting rent from the Denver store and the Sodo flagship as of March 1. Diego Pellicer says that’s an important milestone because the first phase of its business model relies on its branded tenants’ success and ability to pay rent.

With rent commencing in all of our branded locations, Diego Pellicer can now focus on expansion and new acquisitions as we increase our market share and follow our growth strategy to drive shareholder value,” CEO Ron Throgmartin said in a news release.

Diego Pellicer Worldwide’ will continue to expand in Colorado and Oregon and has labeled California and Florida as “huge markets,” Throgmartin said.

Diego Pellicer Worldwide does not grow or sell marijuana products, but rather buys and develops real estate for marijuana shops and production facilities to rent to tenants that license its premium cannabis brand.

Source

Industry News
  • Veterans Affairs Researchers Embrace Psychedelics for Military Vets

    Four government researchers spoke with The New York Times about their respective studies involving MDMA and psilocybin as a treatment for military veterans. The post Veterans Affairs Researchers Embrace Psychedelics for Military Vets appeared first on High Times.

  • Maryland Court: Cops Can Stop, Question Someone Who Smells of Pot

    However, the court said that possession of less than 10 grams of the drug is still not a crime in Maryland. The post Maryland Court: Cops Can Stop, Question Someone Who Smells of Pot appeared first on High Times.

  • Oregon County Proposes Ban on Psilocybin Therapy

    The Linn County, Oregon county commission has approved a proposal to have voters decide on banning psilocybin treatment centers authorized by a 2020 statewide initiative. The post Oregon County Proposes Ban on Psilocybin Therapy appeared first on High Times.

frost exotic cannabis denver dispensary logo

are you over 21 years old?