RENO, Nev., July 09, 2020 (GLOBE NEWSWIRE) -- 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.
WEBSITE: www.diego-pellicer.com; co.diego-pellicer.com
CONTACT: Suzanne Herrick, Fedoruk & Associates, Inc., 612-247-3079,