With Candy Leaf’s co-owners sentenced to jail earlier this yr, the final vestiges of the as soon as huge marijuana dispensary community are being plastered over as a brand new firm takes management of the chain’s closing three areas.
An organization going by Xclusive Hashish has taken to the net to announce it has moved into the pot store at 12500 E. sixth Ave. in Aurora.
“Xclusive Colorado is Aurora’s latest leisure dispensary,” the web site reads proper above ads for marijuana concentrates and $1.99 joints. “We’ve a mission to supply high quality cannabis merchandise at an inexpensive value.”
The Aurora store was one in every of three Candy Leaf dispensaries allowed to maintain their licenses below the phrases of a authorized settlement the corporate’s three homeowners, Christian Johnson, Anthony Sauro and Matthew Aiken, signed with the Colorado Division of Income in September. Underneath the phrases, the trio additionally agreed to promote the licenses protecting dispensaries in Thornton and the “Federal Hall,” whereas surrendering 29 different licenses protecting retail shops, medical dispensaries, develop operations and manufacturing services.
Calls and emails despatched to Xclusive Hashish representatives weren’t returned this week, however an internet search reveals the corporate has additionally taken over a former Candy Leaf location at 9462 Federal Blvd. in Federal Heights. In line with Westword’s Thomas Mitchell, who first reported on Xclusive’s takeover of former Candy Leaf areas final week, the corporate has additionally moved into the Thornton location.
Johnson, Suaro and Aiken additionally agreed to pay proceeds earned from the sale of the licenses to taxes, penalties and curiosity owed the Division of Income. The overall was north of $2 million. Cash that remained past that was earmarked for funds owed to the Denver District Legal professional’s workplace, the IRS and the corporate’s collectors.
Colorado Marijuana Enforcement Division spokeswoman Shannon Grey confirmed final week that the three licenses had been bought however couldn’t say how a lot cash was raised. That’s protected monetary info, she mentioned.
Xclusive is required to completely rebrand the three shops below the phrases of sale set forth within the September income division paperwork. That features barring anybody related to the store from referencing Candy Leaf or its homeowners on its web site or advertising supplies.
Candy Leaf’s empire — as soon as bringing in $5 million in gross sales month-to-month — crumbled in December 2017 when Denver police raided the chain’s shops following a prolonged undercover investigation into “looping” gross sales. Budtenders on the retailers had been promoting some clients most buy quantities of pot a number of instances a day, merchandise that then fed the black market, investigators say.
Johnson, Sauro and Aiken took plea offers in January that mandated every serve a yr in jail. The trio was additionally ordered by a Denver choose to pay $8.Eight million to a landlord after failing to fulfill commitments on 4 properties they had been leasing.