Diego Pellicer Worldwide, Inc. Announces Management Appointments
February 10, 2017 at 02:14 pm EST
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Diego Pellicer Worldwide, Inc. announced that on February 8, 2017, David Thonpson was appointed to serve as Vice President of Finance and Nello Gonfantini was appointed to serve as Vice President of Real Estate by the Board of Directors of Diego Pellicer Worldwide, Inc. Effective that same date, the Board of Directors of the Company voted to expand the membership of the Board of Directors to five (5) members and appointed David Thompson and Nello Gonfantini to serve as members of the Board of Directors until their successors are elected and duly qualified. Messrs. Gonfiantini and Thompson have been serving as consultants to the Company since May 2016, assisting Chief Executive Ron Throgmartin in financial and operational matters.
Diego Pellicer Worldwide, Inc. is a real estate and consumer retail development company. The Company leases real estate to licensed marijuana operators, providing complete turnkey growing space, processing space, recreational and medical retail sales space, and related facilities to licensed marijuana growers, processors, dispensary, and recreational store operators. It is focused on developing its Diego Pellicer marijuana brand and quality facilities and products. It has developed a brand name strategy, providing training, design services, branded accessories, systems and systems training, location selection, and other advisory services to their tenants. In addition, the Company plans to explore ancillary opportunities in the regulated marijuana industry, as well as offering wholesale distribution-branded non-marijuana clothing and accessories. Its wholly owned subsidiary, Diego Pellicer Management Company, licenses the upscale Diego Pellicer (DP) brand to various operators.