MJ #weed play. Bottom chart. 78M float. News out this morning.
Diego Pellicer Worldwide, Inc. Announces A $700,000 Capital InjectionPress Release | 07/19/2018
Diego Pellicer Worldwide, Inc. Announces A $700,000 Capital Injection
Major company investors recommit to company's growth
PR Newswire
SEATTLE, July 19, 2018
SEATTLE, July 19, 2018 /PRNewswire/ -- Diego Pellicer Worldwide, Inc. (OTCQB: DPWW), the premium marijuana brand and retail development company, today announced that it has received $700,000 in additional capital from two major investors. The new infusion of money will support business expansion and represents a strong continuing commitment from the company's investors to the growth of Diego Pellicer Worldwide, Inc.
"As the marijuana market continues to evolve and grow, including the recent legalization of cannabis in California, so do real estate, branding and management opportunities for Diego Pellicer Worldwide," said Ron Throgmartin, chief executive officer, Diego Pellicer Worldwide, Inc. "With our new premium branding guidelines and a proven formula for success with our retail tenants, this fresh capital will open new doors for Diego Pellicer Worldwide in the expanding cannabis retail environment."
The capital injection was made possible by restructuring the investors' equity and debt through returned shares and recast notes. It comes on the heels of two successful, branded retail tenant locations in Seattle and Denver that are consistently experiencing double- and triple-digit year-over-year growth. By elevating the customer experience, maintaining competitive pricing and ensuring the product on the shelf is deserving of the Diego Pellicer brand, Diego Pellicer retail locations have effectively honed in on the premium market for customers with discerning tastes.
About Diego Pellicer Worldwide, Inc. (OTCQB: DPWW)
