The building was formerly owned by VIP Cannabis, which was targeted by federal raids on suspicion of funneling money from Colombia to purchase a large warehouse for growing cannabis.
Diego Pellicer - Colorado's CEO, Neil Demers, commented, "We couldn't be more excited to open this dispensary. The cannabis industry is growing at an unprecedented rate, and we're extremely grateful to have the opportunity to help build Colorado's statewide industry. We're confident that state-specific administrations will continue to support the cannabis industry as the legitimate, profitable, and innovative space that it is."
Diego Pellicer Worldwide, Inc. is a global company focused on the acquisition and development of legally compliant locations for the purpose of leasing to licensed operators engaged in the cannabis business. The organization profits from the lease payments of real estate holdings and from the sale of branded, non-cannabis products. Learn more at https://diego-pellicer.com/
Diego Pellicer - Colorado is an independent brand licensee based out of Denver, CO focused on owning and operating legally compliant dispensary and grow operations. Learn more at https://co.diego-pellicer.com/
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SOURCE Diego Pellicer Worldwide, Inc.