Global Cannabis Company Opens Denver Dispensary at Former Raid Site

DENVER, Feb. 10, 2017 /PRNewswire/ -- Diego Pellicer, a global brand by Diego Pellicer Worldwide, LLC (OTCMKTS: DPWW), focused on the development and leasing of valuable locations for cannabis businesses, announces the grand opening of their Denver-based dispensary tenant, Diego Pellicer - Colorado, on Tuesday, February 14th. The dispensary will open at the former site of VIP Cannabis, a dispensary that was raided in November of 2013 as part of the largest-ever federal raid against Colorado's medical marijuana industry. The opening comes on the heels of the confirmation of Jeff Sessions as Attorney General of the United States.

Diego Pellicer - Colorado's location will open this Tuesday, with the ribbon cutting taking place at 9am MST. Located at 2949 W. Alameda Ave. in Denver, the $1 million dispensary will provide thousands of Denver residents with access to cannabis in an upscale, high-end location.

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/ 

CONTACT:
Ethan Andersen
ethan@nisonco.com
732-207-6771

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SOURCE Diego Pellicer Worldwide, Inc.