Diego Pellicer Worldwide, Inc. Signs Agreement to Acquire Hemp Choice Distribution, LLC

RENO, Nev. (Feb. 15, 2022) – Diego Pellicer Worldwide, Inc. (OTC Market: DPWW), a premium cannabis company, today announced that is has signed a definitive agreement to acquire Hemp Choice Distribution, LLC, a leading provider of full spectrum hemp and CBD. The $4.4 million dollar cash and stock deal includes an initial payment of $250,000 to the owners of Hemp Choice with the balance paid in common and preferred stock. DPWW management anticipates the transaction to close within three months. View the 8-K here.

“With the acquisition of Hemp Choice, Diego Pellicer Worldwide is advancing the company’s long-term business goals. We’re expanding into a rapidly growing product category,” said Nello Gonfiantini III, Chief Executive Officer, Diego Pellicer Worldwide, Inc. “Hemp Choice is a premium provider of hemp and CBD. We welcome them as a wholly owned subsidiary.”

Hemp Choice is a leading distributor and provider of the highest-quality CBD and hemp. The company works with growers, processors, manufacturers and retailers to provide hemp and CBD for use in a wide variety of commercial and industrial products. CBD and other cannabinoids such as CBG, CBC and CBDA in oil and water soluble form, are nonpsychoactive.

“I look forward to working with Diego as we expand business opportunities in the cannabis space of hemp and CBD – one of the fastest growing segments in this marketplace,” said Gabriela Vergara, CEO and founder, Hemp Choice Distribution, LLC.

Diego Pellicer Worldwide, Inc. is a premium cannabis company. The company actively seeks strategic acquisitions, partnerships and collaborations in cannabis, hemp and CBD companies. To learn more about how to become a Diego Pellicer partner or investor visit www.Diego-Pellicer.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

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”). All statements that are not historical facts are “forward looking statements.” 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. Investors should consider this cautionary statement and furthermore, no assurance can be made that the transaction described in this press release will be consummated.   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.

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CONTACT: Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE: www.diego-pellicer.com

Diego Pellicer Worldwide, Inc. Announces Double Digit Year-Over-Year Growth for Colorado Licensee

RENO, Nev. (Jan. 26, 2021) – Diego Pellicer Worldwide, Inc. (OTCPink: DPWW), a premium cannabis brand and retail development company, today announced that its Colorado licensee reported its 2020 fiscal results with a 32 percent increase in year-over-year gross receipts. Diego Pellicer Colorado also reported a 47 percent increase in gross receipts in the fourth quarter of 2020 alone compared with the fourth quarter of 2019.

“Diego Pellicer – Colorado has proven again that high-quality premium products and a world-class shopping experience guided by cannabis professionals are invaluable to success,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc. “We’re very pleased with our Colorado licensee’s accomplishments especially during the global pandemic challenges of 2020. We applaud all the employees for their diligence in providing a safe shopping environment that’s compliant with state and federal guidelines.”

Award-Winning Dispensary, Leadership

With unique offerings in flower, concentrates, edibles, topicals and even THC-infused bar-be-que and wing sauces, Diego Pellicer – Colorado has demonstrated award-winning leadership in cannabis. In December, Diego Pellicer – Colorado received a prestigious 2020 CBA Globe Award for “Best Dispensary/Center – Medical or Recreational” as well as two CBA Globes for MVPs: one to CEO of Diego Pellicer – Colorado, Neil Demers and one to Chief Operations Officer Nick Jack.

“The Diego Pellicer team is committed to delivering a premium retail experience and our 2020 financial results demonstrate our success,” said Demers. “Throughout 2020, our team continued to excel in serving the community and our outstanding Diego customers who helped us keep things safe at the store.”

About Diego Pellicer Worldwide, Inc. (OTCPink: DPWW)

Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded location in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

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CONTACT:             Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE:               diego-pellicer.com

Diego Pellicer Worldwide, Inc. Announces Reduction Of Institutional Convertible Debt

RENO, Nev. (Oct. 26, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that it has reduced its institutional convertible debt by more than 80% over the past 12 months. Most recently, DPWW has prepaid an outstanding convertible note held by JSJ Investments. Read the 8-K filing at https://diego-pellicer.com/investor-relations/ and click on the Oct. 26, 2020, filing.

“We continue to look for ways to effectively use Diego Pellicer Worldwide capital and improve our balance sheet – in this case, prepayment of a convertible note,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc. “As a result of these ongoing efforts, Diego Pellicer Worldwide has less debt on its books and can build upon the company’s business model, while limiting additional DPWW shares from entering the market.”

DPWW paid to JSJ Investments an aggregate $67,749.80, comprised of $42,078.41 of the outstanding principal, $6,736.11 of accrued interest (12%) and a reduced prepayment penalty of $18,935.28. The payment satisfied the convertible note held by JSJ Investments in the original principal amount of $103,000, dated March 23, 2020.

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)

Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

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CONTACT:             Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE:               diego-pellicer.com

Diego Pellicer Worldwide, Inc. Executes Agreements To Sell Cultivation Facility, Maintain Cash Flow During Initial Discussions Of Merger With Colorado Licensee

Diego Pellicer Worldwide, Inc. Executes Agreements To Sell Cultivation Facility, Maintain Cash Flow During Initial Discussions Of Merger With Colorado Licensee

RENO, Nev. (Oct. 22, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that it has executed a series of agreements that will cancel the master lease on its Elizabeth Street cannabis cultivation facility in Denver, while maintaining cash flow for DPWW.

A new series of leases and subleases allow DPWW to reduce its liability exposure in the Elizabeth Street cultivation facility while securing deferred rents due and future sublet payments for 4 years and 8 months, valued at $1,482,824. In addition, a $120,000 deposit on the property is being returned to DPWW.

Initial discussions have begun that would combine Diego Pellicer Worldwide Inc. with Diego Colorado Licensee entities Royal Asset Management, LLC (RAM) and Venture Product Consulting, LLC (VPC). The agreements are structured so that rents due and future sublet payments to DPWW are due and settled upon consummation of a merger, or one business day following the termination of merger by the Colorado Licensee or one business day following termination of merger discussions by DPWW beginning 18 months from Oct. 1, 2020.

“We worked collaboratively with the Diego operator at Elizabeth Street to make this a positive transaction as we initiate discussions of a merger,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc.

To view the 8-K and details, visit https://diego-pellicer.com/investor-relations/ and click on the Oct. 22, 2020, 8-K filing.

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)

Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

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CONTACT:             Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE:               diego-pellicer.com

Diego Pellicer Worldwide, Inc. Executes Agreement to Convert Debt into Equity and Working Capital in Colorado Cannabis Dispensary

Diego Pellicer Worldwide, Inc. Executes Agreement
To Convert Debt Into Equity And Working Capital In Colorado Cannabis Dispensary

RENO, Nev. (Sept. 16, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that it has executed an agreement to convert debt owed to DPWW from its Colorado licensee’s Broadway dispensary into $300,000 cash and 15.13 percent equity in the newly remodeled dispensary. As equity owners, DPWW joins an investment group that includes Cookies, a California-based cannabis and lifestyle brand. This latest move delivers on DPWW’s evolved business model including direct ownership in cannabis operations.

“This transaction advances Diego Pellicer Worldwide’s long-term corporate strategy,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc. “By structuring a deal that returns our invested capital and participates in ownership of the Broadway dispensary, we are furthering the company’s objective to not only invest in the cannabis industry, but to be efficient with our capital. Plus, it’s great to be equity partners with Cookies, such a well-respected cannabis brand.”

Also as part of the agreement, DPWW received an additional cash payment in excess of $50,000 as payment in full of a $50,000 promissory note, plus interest due the company. Furthermore, DPWW will be repaid an additional $400,000 of its initial investment in the dispensary at 12 percent interest by August 2022. Cookies has also agreed to extend up to $600,000 as a line of credit to the dispensary. DPWW’s direct ownership in the Broadway dispensary located at 2057 S. Broadway in Denver is subject to approval by the State of Colorado. To view the 8-K and details, visit https://diego-pellicer.com/investor-relations/ and click on the Wed., Sept. 16, 2020 8-K filing.

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)
Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.
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CONTACT:             Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE:               diego-pellicer.com

Diego Pellicer Worldwide, Inc. Announces Best Quarter In Company’s History For Denver Licensee

Diego Pellicer Worldwide, Inc. Announces Best Quarter In Company’s History For Denver Licensee

Diego Pellicer – Colorado reports record-breaking sales for the second quarter of 2020

RENO, Nev. (July 9, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that its Denver licensee reported its 2020 second quarter fiscal results with a 24 percent increase in year-over-year gross receipts and 38 percent increase over the first quarter of 2020.

“High quality products, incredible value and outstanding customer service in a clean and socially distant, world-class environment make for a winning formula. These second quarter numbers are impressive and a testament to the power of the Diego Way,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc. “We’re very pleased that customers continue to turn to Diego Pellicer for a premium experience and applaud all the employees for their diligence in providing a safe shopping environment that’s compliant with state and federal guidelines.”

During the COVID-19 pandemic, the state of Colorado has permitted cannabis dispensaries to remain open as an essential service. Diego Pellicer – Colorado has implemented strict protocols according to state and federal guidelines that include social distancing, frequently sanitizing surfaces and order-ahead services via the Diego Pellicer App. To ensure no more than 10 people are in the store at one time, an innovative text message service notifies customers waiting outside in their cars, when a budtender can welcome them.

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)

Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

CONTACT: Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com
WEBSITE: diego-pellicer.com; co.diego-pellicer.com

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Diego Pellicer Worldwide, Inc. Announces Denver Licensee Is On Track Again For Record Monthly Sales

Diego Pellicer Worldwide, Inc. Announces Denver Licensee Is On Track Again For Record Monthly Sales

Diego Pellicer – Colorado is on target for best month in company’s history, while adhering to COVID-19 healthy and safety social distancing guidelines.

RENO, Nev. (May 19, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that its Denver licensee is again projecting record-breaking sales for both its West Alameda and Broadway locations. May is on track to be the West Alameda location’s best month ever, beating its previous monthly record by 18 percent. The newly-remodeled Broadway location is projected to nearly double its sales over the month of April.

“During these unprecedented times, such strong sales are further evidence that Diego Pellicer is a solid brand with a strong strategy for the competitive cannabis marketplace,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc. “Diego locations offer a winning combination of high-quality, affordable products and world-class service in an outstanding shopping environment. Today, part of that outstanding shopping environment is ensuring adherence to CDC, state and local guidelines for health and safety.”

In addition to record-breaking monthly sales projections, Diego Pellicer – Colorado is reporting an increase in average ticket sales as well as an increase in the number of customers per month, all while maintaining social-distancing practices.

 Exotics and Order-Ahead Drive Growth

Diego Pellicer fosters relationships with quality cultivators and producers. As such, dispensaries are able to offer an unparalleled selection of exotics, tailored to an evolving customer palette and cannabis connoisseurs. Customers will find an extensive selection of exotics at both the West Alameda and Broadway locations.

In keeping with CDC and Colorado Department of Public Health and Environment guidelines, Diego Pellicer – Colorado has implemented strict protocols for health and safety. Among many measures, customers are encouraged to order ahead for express pick up at the location. Employees and customers must wear masks inside the store. For those without a mask, single-use masks are provided free of charge. Clear, acrylic screens have also been installed in front of checkout stations in addition to frequently sanitizing surfaces.

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)

Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

CONTACT:             Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE:               diego-pellicer.com; co.diego-pellicer.com

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Diego Pellicer Worldwide, Inc. Projects Record-Breaking Gross Sales In March For Denver Licensee

Diego Pellicer Worldwide, Inc. Projects Record-Breaking Gross Sales In March For Denver Licensee

Diego Pellicer – Colorado projecting double-digit, year-over-year sale increase

RENO, Nev. (March 24, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that its Denver licensee is projecting record-breaking sales in March with a 15 percent year-over-year increase.

“Diego Pellicer – Colorado has done it again, implementing a winning strategy to provide quality cannabis, celebrated budtenders and a world-class shopping experience to its customers. Leading the charge is the West Alameda Avenue location with its outstanding selection of affordable, sought-after marijuana including hard-to-find exotics,” said Nello Gonfiantini III, chief executive officer, Diego Pellicer Worldwide, Inc. “We look forward to bringing the Diego way to the rebranded Broadway store with its new look unveiling  in April.”

Implementing Strict Protocols for Health and Safety

As the world faces the COVID-19 crisis, Diego Pellicer – Colorado has implemented strict protocols according to state and federal guidelines to minimize risks. Some of these measures include social distancing, frequently sanitizing surfaces and order-ahead services via the Diego Pellicer App.

To ensure no more than 10 people are in the store at one time, an innovative text message service notifies customers waiting outside in their cars, when a budtender can welcome them. The state of Colorado has permitted cannabis dispensaries to remain open as an essential service. Diego Pellicer – Colorado will continue to monitor and follow CDC, state and federal guidelines.

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)

Diego Pellicer Worldwide, Inc. is a premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

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CONTACT:             Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

WEBSITE:               diego-pellicer.com; co.diego-pellicer.com

 

Diego Pellicer Worldwide, Inc. Commences Acquisition Strategy

Diego Pellicer Worldwide, Inc. Commences Acquisition Strategy

Diego Pellicer Worldwide, Inc. engages global business advisory firm FTI Consulting

RENO, Nev. (Feb. 19, 2020) – Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), a premium marijuana brand and retail development company, today announced that it has begun a recapitalization and acquisition strategy to take advantage of market opportunities in Colorado and throughout the United States. FTI Consulting, a highly respected business advisory firm, will assist Diego Pellicer Worldwide, Inc.’s management team as it enters into definitive agreements to acquire cannabis retail, cultivation and manufacturing operations.

“With potentially millions of dollars pending in acquisitions, we are working to ensure each acquisition is accurately valued and that it is a responsible transaction for the company and its shareholders,” said Nello Gonfiantini III, chief executive officer of Diego Pellicer Worldwide, Inc. “FTI Consulting works with 56 of the Fortune Global 100 companies offering services that manage change and mitigate risks. We’re thrilled that they will be providing their services to Diego Pellicer Worldwide, Inc. and look forward to working with them on current and future acquisitions.”

Diego Driving Direct Cannabis Ownership and Operations

In the fall of 2019, Diego Pellicer Worldwide, Inc. announced it had evolved its business model to reflect the changing cannabis market. The company is advancing into direct cannabis operations including retail, cultivation and manufacturing. Diego has signed letters of intent to acquire three new dispensaries and three new cultivation facilities and is actively working to make those definitive agreements.

CONTACT: Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)

Diego Pellicer Worldwide, Inc. is the premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to acquire and manage high-end, turnkey cannabis retail stores, cultivation and manufacturing facilities. DPWW is executing on its long-term vision to become a national, vertically integrated cannabis 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.

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Diego Pellicer Worldwide, Inc. Engages Leading Marketing Agency, Rule of Three

Diego Pellicer Worldwide, Inc. taps award-winning creative team of seasoned professionals

News provided by

Diego Pellicer Worldwide, Inc.

Jan 02, 2020, 12:19 ET

RENO, Nev., Jan. 2, 2020 /PRNewswire/ — Diego Pellicer Worldwide, Inc. (OTCQB: DPWW) the premium marijuana brand and retail development company, today announced that it has engaged acclaimed marketing and advertising agency Rule of Three (RO3). Building upon Diego’s recently updated brand identity, the Oakland, Calif.-based agency is assisting in solidifying Diego’s vision and mission for national brand expansion as well as preparing company presentations.

“RO3 has a solid reputation working with leading brands in the cannabis space including Harborside and its house brand, Key. Plus, their work with financial technology companies, in the healthcare space and with consumer brands supports Diego’s world-class business model now and for the future,” said Nello Gonfiantini III, chief executive officer of Diego Pellicer Worldwide, Inc. “We’re thrilled to engage such a team of outstandingly creative professionals to assist us as we advance the company and move into direct cannabis ownership, products and operations.”

Building Brands in Cannabis, Curating Company Narratives
RO3 has provided exceptional marketing and advertising services to well-respected companies and brands in the emerging cannabis industry including Key, Harborside, PathogenDX and Holistic Hound. They have benefitted from RO3’s deep experience in communications strategy, branding, website design, along with traditional, digital and social activation.

“RO3 brings well-rounded expertise to Diego that’s above and beyond our in-depth knowledge of cannabis marketing. Our experience across a wide variety of industries brings next-level strategic thinking to deliver positive business impact for Diego,” said David Stolberg, creative director and founder of RO3. “We recognize the growth potential in the cannabis industry and are pleased to support Diego as the brand and company expands.”

About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)
Diego Pellicer Worldwide, Inc. is the premium marijuana brand, retail and management company. In addition to its branded locations in Colorado, the company actively seeks to develop and manage high-end, turnkey cannabis retail stores and grow facilities. When federally legal, DPWW is positioned to become a national, vertically integrated cannabis 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.

Contact: Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079, suzanne@fedorukinc.com

SOURCE Diego Pellicer Worldwide, Inc.