In 2021, Black Legend Capital acted as a consulting advisor to Cookies Retail LLC, one of the largest cannabis retail brands in the United States, on the acquisition of part of Diego Pellicer Worldwide Inc.’s licensed marijuana facility in Denver, Colorado. The transaction also included a licensing agreement between the parties.
Cookies is one of the most sought-after cannabis brands in the world. The well-known brands and the famous retail stores made Cookies one of the top U.S. brands in the cannabis industry. The company offers over 150 proprietary cannabis varieties in more than 35 retail stores with the most relevant stores making between $100,000 to $200,000 a day, with up to $450,000 a day in his most famous store.
Diego Pellicer Worldwide Inc. is a premium cannabis brand and retail development company. They have developed an industry changing and scalable model for cannabis retail, which resulted in double- and triple-digit growth rates.