“We lost 94 percent of our revenue in April alone,” said a co-founder of Cultivated Synergy, who doesn’t dispute being behind on rent due to the coronavirus pandemic.
Cannabis
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Downtown dispensary stays put as landlord asks it to leave
The Lotus Medical dispensary operates within the Elephant Corral building at 1444 Wazee St.
Englewood CBD cream company files Chapter 11 bankruptcy
Myaderm said in its June 28 filing that it owes $3 million to creditors and also has assets worth $3 million.
Hemp consulting company files for Chapter 11 bankruptcy
Denver-based Lux Templum said that it owes $2.8 million, and has assets worth $421,985.
Selling pot amidst the pandemic: A rush followed by a slowdown — and no federal stimulus money
“We went from illegal to essential, and that’s a pretty incredible jump,” said Tim Cullen, CEO of Colorado Harvest Co.
Golden-based cannabis company files for Chapter 11 bankruptcy on 4/20
United Cannabis Corp. said it owes at least $4.97 million, although it disputes some of the claims.
Cannabis packaging startup raises $150K
Sana Packaging has raised $715,000 since launching in 2016, according to a co-founder.
Dispensary to fill former Boston Market along Grant Street
The Golden-based restaurant chain operated at the site for more than 20 years.
Cannabis company set to double production capability with move
CBx Enterprises is leaving Elyria-Swansea for Valverde, the neighborhood southwest of the I-25/6th Avenue interchange.
THC pill company says dispensary chain ripped off branding for competing products
Pueblo-based Stratos sued the Native Roots chain last week.