Colorado Harvest Company Celebrates First Anniversary of Its Aurora Cannabis Dispensary

Marijuana Dispensary Completed 57,000 Customer Transactions Since Sept. 16, 2015

AURORA, CO--(Marketwired - September 16, 2016) - Colorado Harvest Company, a vertically integrated enterprise that grows and sells its own natural cannabis, is celebrating its first anniversary of operations in Aurora, Colorado, with storewide specials through the month of September 2016.

After obtaining two of 23 licenses from the city to operate marijuana dispensaries in 2014, Tim Cullen, CEO of Colorado Harvest Company, planned carefully to open a store that would be a community asset and serve local customers as well as tourists. Investing more than $1 million, Cullen's company purchased a small abandoned strip mall at 11002 E. Yale Ave., at the corner of Yale and Parker roads, and renovated the property to open the third Colorado Harvest Company dispensary. Today, the property is beautifully maintained and hosts a new tenant. In just the past year, Colorado Harvest Company has been featured in many national news stories in the United States as well as news documentaries produced for national television audiences in China, Denmark, Canada, Italy, the Netherlands and Germany.

"We've been enormously successful at this location," Cullen said. "We focus on customer service, security and of course, we sell our own naturally grown cannabis flower and carry the most extensive product selection of any dispensary in Colorado."

Cullen listed a few fun facts that represent his first year of operations in Aurora:

  1. Completing 57,000 customer transactions
  2. Creating 15 full time jobs and supporting numerous local contractors (maintenance, security, building/design/construction, technology, etc.)
  3. Renovating a commercial property that houses another small business tenant
  4. Paying $113,228 sales tax to the city of Aurora and $261,272 to the State of Colorado just for the Yale location
  5. Hosting television crews and news reporters from 11 national and international news outlets to share the story of a well-run legal cannabis company

Cullen's policy of open communication with city officials, law enforcement and community groups contributes to the confidence his customers experience at Colorado Harvest Company. In addition, the store offers fun and entertaining amenities such as a completely renovated 1967 VW bus that has been converted to a photo booth. Customers can watch a talented artist who operates a fully equipped glass blowing studio within the store and creates marijuana themed pieces for sale.

"We measure our customer preferences so we can manage our inventory well," he said. "We know that 80 percent of our customers at Yale generally prefer flower-based products followed by edibles, concentrates and topical based products."

Cullen will present his strategies for operating a successful and compliant cannabis business to the Fifth Annual Marijuana Business Conference, the largest industry conference in the world, in Las Vegas, Nevada, in November 2016.

About Colorado Harvest Company

Colorado Harvest Company produces and sells its own naturally-grown cannabis for adult medicinal and recreational use. Colorado Harvest Company was the first to commission an independent economic impact study of its business and has since become an industry model for financial transparency. Dedicated to providing customers with the highest quality naturally-grown cannabis and courteous customer service, Colorado Harvest Company's reputation represents the benefits of the legal cannabis movement. Tim Cullen, CEO, is one of Colorado's most knowledgeable cannabis authorities by nature of his years of experience, formal education and training; public efforts to support legal compliance; industry involvement; community philanthropy and thoughtful media commentary.

Please visit Tim Cullen video.

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Ann Dickerson

Colorado Harvest Company store interior