Deal Snapshot
DIEGO PELLICER TO ACQUIRE 3,300 SQ FT CANNABIS RETAIL OPERATION IN DENVER
Tuesday 10 September 2019

Denver, US-based marijuana brand and development company Diego Pellicer Worldwide, Inc. (OTCQB: DPWW) has signed a letter of intent (LOI) to purchase a 3,300 square-foot cannabis retail store in Denver with projected gross sales in 2019 of USD 8.5m, the company said.
Diego Pellicer said the execution of the LOI in Colorado is the first step delivering on the company's commitment to become a vertically integrated premium cannabis company.


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Details
Date Published: 10/09/2019
Target: Cannabis retail store in,  Denver
Country: USA
Sector: Wholesale/Retail
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Diego Pellicer Worldwide
Comment:
Terms of the deal were not disclosed

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