Diego Pellicer Worldwide, Inc. (OTCQB: DPWW) the premium marijuana brand and retail company, today announced that it is expanding the Diego Pellicer brand in Colorado.
Diego Pellicer Colorado, a DPWW branded operator, has acquired a dispensary located at 2057 S. Broadway, previously occupied by Colorado Wellness. With the legal change of ownership as well as approval by the City of Denver and the State of Colorado, the Diego Pellicer premium branding system is officially expanding to a second retail location in the state. To continue to serve its customers, the new location will remain open while under construction.
“This is great news. We congratulate our Colorado operator on this win and are looking forward to working with them on this second location in Denver,” said Ron Throgmartin, chief executive officer, Diego Pellicer Worldwide, Inc. “Diego Pellicer elevates the cannabis shopping experience and this location is another opportunity to take the brand to a new level. Look for a more modern take on the Diego brand, more retail space, customer-service based technology and even a live viewing room for a boutique cultivation operation.”
A Thriving Cannabis Marketplace
In May 2019, Colorado Governor Polis signed into law House Bill 1090. It is generally referred to as the “Public Company” bill because it allows public companies to own Colorado marijuana licenses for the first time. This law goes into effect on November 1, 2019.
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“For DPWW to grow, we need to pursue the next steps which are direct national cannabis ownership and operations, as well as branded cannabis products that will be available at company stores and beyond its branded retail locations,” said Throgmartin. “With House Bill 1090 in Colorado taking effect in November, the state has become an optimal location for our company to reinvigorate expansion and acquisition as it ties in with our corporate strategy.”
Elevating the Cannabis Experience
Whether a new customer or a cannabis connoisseur, Diego Pellicer elevates the cannabis shopping experience, ensuring that no matter the location customers can count on Diego Pellicer to deliver the same exceptional customer service, premium cannabis and competitive pricing. Diego Pellicer branded stores feature the finest products, concierge quality service in an approachable, world-class environment.
The store’s innovative, elegant design, spearheaded by world renowned architect Michael Rotondi and original Apple retail store creative team member Jill Savini, will include cutting edge technology that will cater to the most discerning tastes and those who are eager to discover cannabis.
Date: July 29, 2019
Source: CISION
