SEATTLE (MAY 16, 2018) – PRESS RELEASE – Diego Pellicer Worldwide, Inc., a marijuana brand and retail development company, has announced its financial results for the fiscal 2018 first quarter ended March 31, 2018. The company reported net income of $1,860,646 or $0.01 per share compared to a loss of $1,308,811 or $0.03 per share for the same period last year.
“With new market opportunities in cannabis, Diego Pellicer Worldwide, Inc. is actively exploring the expansion of its brand, particularly into California,” said Ron Throgmartin, chief executive officer of Diego Pellicer Worldwide, Inc. “Having a proven business model with premium branding–including Diego Pellicer retail tenants in Seattle and Denver–plus a wealth of operations experience, we expect a positive reception in that state and as we pursue additional opportunities in cannabis retail and real estate.”
Diego Pellicer Worldwide, Inc.’s full 10-Q is available in digital form on the company’s investor site at www.Diego-Pellicer.com.
