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#DPWW: HUMBLE BEGINNINGS..2012.. $0.007
https://diego-pellicer.com/
https://cdn.geekwire.com/wp-content/uploads/2017/04/IMG_2414-copy-300x200.jpg
Founder and CEO Jamen Shively named his premium marijuana company after his great-grandfather, Diego Pellicer, the world’s largest marijuana producer selling hemp rope in the late 1800's.
https://cdn.geekwire.com/wp-content/uploads/2017/04/IMG_2441-copy-1024x682.jpg
https://www.otcmarkets.com/stock/DPWW/profile
Members of Diego Pellicer, a new premium pot retail chain, toast the end of marijuana prohibition in Washington. CEO and founder Jamen Shivley is second from the left, with chairman of the board Alan Valdes to the right of him.
https://www.geekwire.com/2012/diego-marijuana-bill-gates-bud-legal-startup-premium/
Some would say Jamen Shively has already had a nice career. He spent six years at Microsoft, eventually becoming a corporate manager. Then he went off and founded his own startup, an online marketplace for speciality foods.
But nothing compared to what happened at midnight on Thursday when marijuana officially became legal in Washington.
“This,” said a confident, beaming Shively, “is the most exhilarating moment in my entire career.”
And no, not just because Shively can legally smoke a joint in his own home now. He’s incredibly happy with this moment because it not only is the beginning of the end to marijuana prohibition, but it’s also the beginning of Shively’s new premium pot company, Diego Pellicer.
Shively’s close friends and Diego Pellicer colleagues gathered at an upscale Bellevue home to help count down the seconds to Dec. 6 and celebrate the legalization, which as of Thursday decriminalizes marijuana in Washington state and allows private consumption and up to an ounce of possessed pot by adults 21 or over.
It’s big news for people hoping to tap into the potentially-lucrative marijuana business. Diego Pellicer is the first private company to formally announce plans for getting into the business of retailing recreational marijuana to the public. A premium marijuana storefront is planned to open around Dec. 6, 2013, when Washington state will begin issuing licenses to sell marijuana.
But before I could ask the passionate Shively about his business model and ways he plans on profiting from the new venture, the ex-Microsoftie spent 10 minutes talking about what really makes this moment a big deal to him.
“This is all about getting people out of jail,” he explained. “800,000 people per year are arrested in the U.S. for possession and 80,000 are behind bars for having possessed a plant that is totally natural, non-addictive and completely harmless.
“I imagine myself standing in front of hundreds of thousands of Americans who are no longer being persecuted or arrested or jailed and having their lives, in some cases, destroyed. Those are the people I’m thinking of with every step I take in this direction. It’s something that’s way beyond a business opportunity or money. It’s about expanding freedom in America and ending a very dirty and very wrong type of oppression.”
There is also serious money-making potential in a predicted $50 billion industry. Alan Valdes is the chairman of the Board of Directors and compares the legalization of marijuana to when the prohibition of alcohol ended and businesses took notice.
This is the start of not just a company, but an industry,” Valdes said. “It’s a unique time in American history. Look at the 1930’s with prohibition. If you look back in history and look at Anheuser-Busch and how other big breweries started out, there was no looking back. I think you’ll see that with marijuana in the U.S. It’s a pretty exciting time for us.”
Some have already coined Shively as the “Bill Gates of Bud,” given that he worked at Microsoft and with Gates himself directly.
“Given that Bill Gates is a genius, visionary, forward-thinking, pioneer in an industry which is vital to our nation and world, I am honored that folks would make the comparison,” he said.
One of the biggest things Shivley experienced at Microsoft directly applies to Diego Pellicer. He learned about the creation of new industries and new categories — whether it’s premium marijuana or social search — within a particular industry. It’s those that are the “first-movers” that end up grabbing the lion’s share of the market.
“The first mover is the one that defines the category,” he said. “In our case it’s legalized marijuana.”
If they truly are the first-movers, Diego Pellicer gets to define this brand new category of premium marijuana. The company plans to target people that don’t necessarily smoke on a regular basis and those that would prefer top-grade quality herb. Think a Neiman Marcus of marijuana selling strains that are the alcohol equivalent to fine brandy or cognac.
It’s also about educating people who might not know about the effects of marijuana or have perceptions about the drug. Shively knows that his company must take a responsible approach to the industry because of what he calls “misinformation about marijuana.”
“It should be sold in responsible quantities, consumed in moderation and savored like a fine brandy or cigar,” he explained. “The consumers should be educated. That’s part of our business. It’s not just about selling, It’s about educating about proper use and safeguards.”
Shively has already assembled a strong team of what he calls the “dream team” made up of top lawyers and creative talent in Seattle.
“What’s really amazing is that everyone I talk to says that I want to work for you,” Shively said. “They tell me they want to be a part of this and make history with me.”
Shively was on the radio yesterday and you can hear more about his plans here. Check out photos from Thursday’s event below and see the video above for the toast to legalization.
#DPWW: CANNABIS NATION TAKING HOLD.... PENNYLAND HERE WE GO..! 0.0094
I've read over this a couple of times. It says the owners of the physical location are dropping Diego Pellicer and going with their own brand called Frost. That would be like a 7/11 store owner, dropping the franchise, and going with their own name, and calling it "Quickie Mart". Am I missing something?
Hello Captainscotty!!, what is that link?...
the share structure no I posted is a otcmarket data!!!... we need current info, OTC site is not current on float!
#DPWW: EXPECTING ANOTHER DOUBLING OF GROWTH 2021 - 2022...
https://www.otcmarkets.com/stock/DPWW/news/Announces-Double-Digit-Year-Over-Year-Growth-For-Colorado-Licensee?id=287534
#DPWW: BIG CHANGES COMING... 0.006
https://diego-pellicer.com/
#DPWW: Frost Exotic Cannabis, With Same Ownership... 0.006
https://diego-pellicer.com/
https://diego-pellicer.com/the-company/
https://www.westword.com/marijuana/diego-pellicer-denver-dispensary-rebrand-frost-13062313
DECEMBER 23, 2021
Frost Exotic Cannabis has taken over for Diego Pellicer at 2949 West Alameda Avenue, but the same faces are still there.
The dispensary's five-year licensing agreement with national cannabis brand Diego Pellicer Worldwide Inc. ends in December, according to Frost owner and CEO Neil Demers, so he and his team launched the dispensary’s rebrand in November while incorporating new concepts to the retail experience, including delivery.
"The team has always wanted to create a brand from scratch and establish something unique and fun, so when the opportunity presented itself with Frost Exotic Cannabis, formerly known as Diego Pellicer...we felt confident in starting this new era for the dispensary," Demers says. "Our agreement with Diego Pellicer Worldwide Inc. provided us a stepping stone to launch something larger."
Both entities mutually agreed to not extend or renew the licensing agreement, according to Demers, with his attention now aimed at reimagining what the dispensary could be in 2022.
Why the number of shares traded at this low market value then is my question. The last 2 days there has been quite a huge number of shares traded…
will a rebrand result in a higher price per share ? I'm thinking.......no . It seems as though the share price is going to this ---------------------------------->
Share Structure, the A/S and O/S seems to be unchanged?
But, Float numbers are a year old, anyone know the current Float?
Float
160,438,206
12/31/2020
Market Cap Market Cap
1,811,468
12/29/2021
Authorized Shares
840,000,000
12/10/2021
Outstanding Shares
251,592,843
12/10/2021
Restricted
62,718,506
12/10/2021
Unrestricted
188,874,337
12/10/2021
So will a rebrand bring a better share price soon? The site looks good still no news from management..
#DPWW: IT'S THAT TIME OF THE YEAR... 0.007
Something is up. Wish they were being more transparent.
I expect something to be announced before the end of the year with a significant announcement.
I wondered about the merge
Leasing out main store ?
Sold ? New owners ?
Merging ?
Something is happening
Thought the same thing..
Somethin is goin on. Have almost 6 million in volume.
Fully agree! No updates at all, no quarterly income reports…the website newsletter hasn’t been updates since march of 2021!
Nello Gonfiantini, wake up, we are losing patience.
Why OTC/Penny stocks are crashing since Feb 2021!
I urge more people to participate in this survey, I have about 50% participation, more will be good for analysis.
Please do not pick up : No Answer, think about what is going on since Feb 2021 to now..!.
Survey link on the very top of Penny's breakouts board:
https://investorshub.advfn.com/Pennys-Breakouts-36530
Yeah. F**k Diego Pellicer.
Just saw this on YahooFinance:
From most recent 10-Q:
Legal Proceedings
On May 10, 2021, a lawsuit was filed against the Company, along with other defendants, by plaintiff Erin Turoff in the District Court, City and County of Denver, State of Colorado. The specific allegations against the Company include civil theft and civil conspiracy and the plaintiff is seeking actual and compensatory damages. No specific monetary amount was demanded in the lawsuit. On July 8, 2021, the Company filed an answer to the complaint, denying the allegations. The Company believes that the suit is without merit and that the Company will ultimately prevail in any litigation.
~~
:) oh i know hehe happy friday
Good timing, it is cheap and undervalued!!!
Why do you say it’s brewing?
DPWW - Delicious.
Fortune favors the bold.
DPWW
Agreed P.
Fortune favors the bold.
DPWW
When are these fools going to make something out of this company. Damn shame this company can really be something if the board would keep there filthy hands out of the pot. Earnings are rigged just sayin. A lot of corruption going on here. I am holding but god damn get your shit together already!
Pelli's Bottom is in folks, bottom is 0.0111!!, it moved up already from bottom towards .0149, it is matter of time for reversal!.
Reversal is in progress!.
Diego Pellicer Worldwide Inc (DPWW)
0.0149 +0.0003 (+2.05%) 10/08/21 [OTC US]
Quote Overview for Fri, Oct 8th, 2021
Diego is definitely a bottom NOT a top.
Why? Did you hear something?
Long time!?...its been so long Pelli been tanking!?...it is time it stops and turn around now!!
Next week will be interesting week for Pelli's bottoming!?.
Added @.0133 this time. My 3rd round. Need patience playing this ticker.
DPWW - Adding down here.
Fortune favors the bold.
DPWW
People need to see this company for what it is. two small stores with no vision and no money, Look they can talk all day but there are plenty of states that they could open in and acquire others and rebrand the stores but they have no money. They need to go find an investment house to back them raise capital and get on with it or sell the company and be done with it. The second question is does the management have the wherewithal and business savvy to pull it off. History shows that's doubtful.
Which numbnuts is selling and why???
Why is anyone caving into the pressure to reduce the value here. This is a strong stock with a low O/S that once legislation is introduced in Congress to remove marijuana from the narcotics schedule it will blow up. Diego is ready to move in different states and franchise as soon as that happens.
Not many pennies have real products and sales revenue, and Pink Current. DPWW will not die.
Huh ? It will rise based on the industry and upcoming news on strategy.
If you don’t feel that is the case, then sell all your shares.
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