Judge orders buyer of South Broadway pot shop to pay $2.2M
5 Articles
5 Articles
Judge orders buyer of South Broadway pot shop to pay $2.2M
The buyer of a dispensary along South Broadway’s cannabis-centric Green Mile stretch has been ordered to pay $2.2 million to the seller, whom it keeps accusing of fraud. A Cut Above, at 1911 S. Broadway, was sold for $8 million in 2022. The buyer, Colorado Holdings, has been in a dispute with the seller, Hobby Farms, for years since. The purchase of A Cut Above and its grow operation in Colorado Springs included a $5.8 million payment and a prom…
Around 60 pounds of seedless marijuana and countless bushes, worth $90,000, were stolen this morning by thieves who broke into a medical cannabis cultivation center in the industrial area of the Palmas neighborhood, in Arroyo.
The police investigate a reported escalation on Sunday, in a cannabis growing center located in the Palmas industrial zone, in Arroyo. According to the complainant, unknown persons forced a window and took several plants and 60 pounds of cannabis. The owner of the clinic valued the stolen property at $90 thousand. The incident occurred in the early hours of Sunday. Personnel from the Property Division of the Criminal Investigation Corps (CIC) of…
Judge orders buyer of South Broadway pot shop to pay $2.2M - BusinessDen
A Cut Above dispensary at 1911 S. Broadway on Thursday, April 24, 2025. (Justin Wingerter/BusinessDen) The buyer of a dispensary along South Broadway’s cannabis-centric Green Mile stretch has been ordered to pay $2.2 million to the seller, whom it keeps accusing of fraud. A Cut Above, at 1911 S. Broadway, was sold for $8 million in 2022. The buyer, Colorado Holdings, has been in a dispute with the seller, Hobby Farms, for years since. The purcha…
The Guayama Criminal Investigation Corps (CIC) personnel continue the investigation.
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