A Denver man says he invested nearly half-a-million dollars in a local marijuana company and then got stiffed on repayment and an equity stake.
Cannabis
Welcome to Business Den’s cannabis coverage, your one-stop shop for the latest news and stories about the cannabis industry in Denver. Our team of skilled writers and reporters are dedicated to bringing you the most up-to-date information on everything from local regulations and policy changes to new products and industry trends.
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Sweet Leaf under fire from local property owners
Add landlords to the growing list of foes feuding with one of Denver’s largest marijuana dispensaries.
Cannabis supply shop continues growth with $10M capital raise
A Denver-based company that sells hydroponics and greenhouse supplies is planning further expansion as marijuana becomes legal in more U.S. states.
Mansion with pending cannabis licenses listed for $2M
A 129-year-old property in Capitol Hill, currently used as office space, has hit the market as it awaits approval for marijuana licenses.
Dixie Brands raises $4M in capital for cannabis treats
A Denver company known for its fizzy sodas had extra reason to celebrate 4/20.
Cannabis staffing firm locks in $2.5M funding round
The young, Denver-based company plans to use the funds to expand into other legal marijuana markets.
Judge freezes $3M for alleged cannabis stock fraud
A federal judge approved a temporary freeze on a portion of the profits the SEC says a Denver businessman made while promoting a marijuana penny stock.
SEC sues Denver cannabis investor for alleged $7M fraud; touting stock while unloading millions of shares
The suit claims he spent the “ill-gotten” profits on a house in Snowmass, new cars and a piano.
Cannabis tour company gives pairing classes a sushi spin
Not to be outdone by ubiquitous wine and painting venues, the marijuana industry has been firing up classes of its own.
Cannabis greenhouse developer hit with $2M collections suit
A Denver firm that built a massive greenhouse has not paid back millions in loans, according to a recently filed lawsuit.