Cannabis

Jon Spadafora and Toby Ripsom say they’ve learned from mistakes made at their former weed wholesaler, which shuttered this summer.

The company had said last month that its Colorado operations would cease at the end of the year.

Their 2021 sale of the dispensary chain devolved into lawsuits and an impending closure. But Lisa Leder and Andy and Alex Levine have a new brand.

The company recently got new ownership through foreclosure, an alternative to bankruptcy given weed’s illegal status federally.

“We intend to vigorously defend the baseless allegations,” their attorney responds.

Cannabis cultivation facilities usually consist of tiny, partitioned rooms. That has made it tough to attract new tenants or buyers.

A music exec-turned-entrepreneur began Boulder Creek with his cousin in 2019.

The black businessmen say opposition in the heavily Hispanic Westwood neighborhood was motivated “at least in part by racial discrimination.”