On Tuesday, Feb. 18, Stock Day Media will feature a media interview with Diego Pellicer Worldwide, Inc. CEO Nello Gonfiantini III. The focus of the interview is Diego’s evolving business model and recent letters of intent in Colorado. Please visit www.StockDayMedia.com to listen to the interview on Feb. 18, 2020.
Diego Pellicer Plans to Become a Fully Integrated Cannabis Company
Colorado Gov. Jared Polis signed H.B. 19-1090 into law this past summer, opening the door for outside investment and ownership opportunities in the state’s cannabis market, and Diego Pellicer is in turn launching an M&A strategy to take its business to the next level.
The company, which primarily functions as a cannabis brand and development company, has announced letters of intent to purchase a series of yet-to-be-named assets in Denver: a 3,300-square-foot retail store, a 2,287-square-foot cannabis-infused product manufacturing facility and two cultivation facilities with a total of just under 30,000 square feet of grow space.
“We have a series of assets that we are pursuing currently, both the ones we’ve announced and ones that are still in the pipeline,” Diego Pellicer CEO Ron Throgmartin told Cannabis Business Times. “We’ve been patiently waiting for the Colorado market to open up business to publicly traded companies, which we are on the OTCQB. We’ve had very close ties in the marijuana industry … in Colorado but we’ve never, until the recent passage of H.B. 1090, had the opportunity to directly profit from the sale of marijuana, and this is a major shift for Diego Pellicer.”
Special Report: Cannabis Researchers, Scientists Confront Vaping-Related Lung Disease Debate
At Diego Pellicer in Denver, Colo., dispensary employees are confronting the question that’s landed on the doorsteps of all cannabis businesses in recent weeks: How should the legal cannabis industry engage the sudden rise in vaping-related illnesses in the U.S.?
With five reported deaths, more than 450 other cases of vaping-related illnesses in 33 states and a rollicking series of headlines in national news media, cannabis business owners and scientists are educating a general public—and an industry—that’s not yet entirely informed on vape technologies, the bioactivities of molecules and compounds in vape products and the disparities between the legal and illicit cannabis markets (and the popular e-cigarette market).
Nick Jack, chief retail officer of Diego Pellicer, says that it’s not so much the potential sales hit that has his company worried—rather, it’s the public education gap that’s become clear this summer.
“We are working with our staff to ensure they understand the testing and regulatory procedures that recreational and medical cannabis oil companies must go through before their products are available on our shelves,” Jack says. “It’s important that we’re able to educate the consumer on product safety and regulatory guidelines that help reduce the chance of an unsafe product reaching the market.”
Marijuana Business Magazine
Craft Cannabis: It Doesn’t Have to Mean Overpriced
When consumers hear the words “craft cannabis,” they might assume it’s unaffordable or overpriced.
Ron Throgmartin, the chief executive officer of Diego Pellicer Worldwide, wants to bust that myth.
When Diego Pellicer, a cannabis retailer with stores in Washington state and Colorado, was founded in 2013 in Seattle, its goal was to offer local consumers “craft or connoisseur cannabis,” Throgmartin said.
But, he said, “our concept has a place in all communities because one of our fundamental beliefs is our stores and our experience is not exclusive to the wealthy.”
Here, Throgmartin talks with Marijuana Business Magazine about how craft cannabis purveyors can design stores and stock products that appeal to everyone.
The Best Recreational Dispensaries in Denver
An upscale homage to a historical hemp honcho… with very potent strains available
Stunning interiors, Chihuly glass art, and a pet alligator named Diego aren’t the only attractions at this top-notch locale. It’s about the consumer journey at Diego Pellicer, with a strong focus on the shopping experience. Rotating vendors have a chance to share the center display case spotlight, while inventory offers unique discounts and hard-to-find products. The namesake pays homage to an 1800s hemp entrepreneur, and the quality cannabis stems from two company grows, which regularly test with THC levels into the mid-30 and high-20 percentiles (that’s really good). Highly regarded for potency and well-grown genetics, this upscale outpost carries brag-worthy strains such as Witches Weed, Critical Mass, and Lemon Skunk…
10 most high-design marijuana dispensaries in the U.S.
The dark and gloomy weed store gets a makeover
By Megan Barber on
Marijuana legalization has had a host of very real consequences for the country: The neutering of a dangerous black market, the slow acknowledgement of alternative medicines, and an influx of jobs, taxes, and merchandise that has transformed America’s economy to the core. However, the change we can’t stop swooning over are the lush interiors of America’s emerging dispensary architecture.
Diego Pellicer in Denver
Sometimes referred to as the fanciest dispensary chains, Diego Pellicer promises competitive pricing in a luxurious environment in Seattle and Denver. That means richly patterned rugs, wood cases, and tin ceilings.
Cannabis Puts Best Face Forward with Stylish Interior Design
March 13, 2019
n the early days of cannabis legalization, the rush to open dispensaries was so fast and furious that little thought was given to the retail aesthetics and experience. But today, in an increasingly competitive market, retail design is beginning to take notice as a way to capture the hearts, minds, and Instagram stories of new cannabis consumers.
Just look at this Instagram post of an overzealous customer showing off his dance moves in Planet 13, a high-end dispensary in Las Vegas.
That Was Then, This is Now
The trend toward design-heavy retail aims to capture customers new to cannabis and improve the overall customer experience, according to industry experts.
Take improving the checkout experience through design, for example. Ron Throgmartin, the CEO of Seattle-based retail brand and retail development company Diego Pellicer Worldwide, said the company’s designs feature six checkout stations, wide aisles, and a dispensing system that allows the cashier to quickly get the product to the customer. “They’re not running out onto the floor or back into the warehouse to grab the product,” he said. “It’s right there behind them, so the flow and the execution of the retail sale are smooth.”
Diego Pellicer – Colorado Celebrates
Second Anniversary On Valentine’s Day Announcing Record-Breaking Sales
Triple digit year-over-year growth; Innovation, premium product
and industry expertise keep Diego Pellicer – Colorado on a sweet path of success
DENVER (Feb. 14, 2019) – On Valentine’s Day, good things often come in pairs. For Diego Pellicer – Colorado, a couple of years have been good to the West Alameda location. Valentine’s Day marks the store’s second anniversary and another important reason to celebrate: triple digit growth. Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), the premium marijuana brand and retail development company, today announced the Denver licensee’s location has reported an astounding 111% year-over-year growth from Jan. 2017 to Jan. 2019.
“It’s a winning combination: outstanding customer service, premium marijuana and competitive prices. Clearly, Diego Pellicer – Colorado has struck a chord in the cannabis marketplace, demonstrating how Diego Pellicer Worldwide licensed tenants bring a world-class experience to customers,” said Ron Throgmartin, chief executive officer, Diego Pellicer Worldwide, Inc. “We congratulate Diego Pellicer – Colorado’s team on its success. With our leadership, branding model and experience, we look forward to helping other retailers and operators experience such prosperity.”
Innovation, Cannabis Expertise and Collaboration
To better serve its increasing customer base, Diego Pellicer – Colorado recently introduced an app for Android where customers can order from current, in-store inventory, browse the product photo gallery, take a virtual tour of the store, get instant notifications of product specials and stay connected via Facebook, Instagram and YouTube. The app can be downloaded directly at https://diego-pellicer.com/android/
“Whether it’s the convenience of ordering online or offering a new, premium product category, we are constantly working to make the Diego shopping experience a pleasure for our customers,” said Nicholas Jack, chief retail officer, Diego Pellicer – Colorado. “We stay current with the market trends out here in Colorado and work hard to ensure we carry what’s in demand.” Strong relationships with vendors allow Diego Pellicer – Colorado to consistently offer the most premium flower and cannabis products the industry has to offer, the moment the products are available to the public.
About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)
Diego Pellicer Worldwide, Inc. is the premium marijuana brand and management company. In addition to its branded locations in Colorado and Washington, the company actively seeks to develop and manage high-end, turnkey cannabis retail stores. When federally legal, DPWW is positioned to become a national, vertically integrated marijuana company. To learn more about how to become a branded Diego Pellicer retailer, cultivator or investor visit www.Diego-Pellicer.com.
Safe Harbor Statement
Certain statements contained in this press release may be construed as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”). The words “estimate,” “project,” “intends,” “expects,” “anticipates,” “believes” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as assumptions made by, and information currently available to, management pursuant to the “safe-harbor” provisions of the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
CONTACTS: Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, firstname.lastname@example.org
Nello Gonfiantini, Diego Pellicer Worldwide, Inc., 775-690-2188, email@example.com
Neil Demers, Diego Pellicer Colorado, 720-937-9073, firstname.lastname@example.org
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Diego Pellicer Worldwide Inc (OTCMKTS:DPWW) has had an impressive year on the earnings front depicted by the second year of record-breaking sales. The stock, on the other hand, has not had the best of runs having shed a substantial amount of market share.
Diego Pellicer Price Analysis
However, things are starting to look up for the stock, as the company continues to deliver robust revenue growth. Investor’s sentiments in the stock have started inching higher depicted by high turnover in traded shares in the market.
The stock rising to six months high after underperforming for the better part of the year attests to a change in sentiments and prospects in the market. Diego Pellicer has since bottomed out and as it, stands, looks set to start 2019 on a roll, as it continues to recoup losses accrued in 2018.
A 600% rally in the month of December alone affirms the emerging uptrend as the stock continues to turn the page after one of the worst routs in the market. After the recent surge, the stock faces immediate resistance at the $0.60 level.