With Sweet Leaf’s co-owners sentenced to prison earlier this year, the last vestiges of the once immense marijuana clinic network are being plastered over as a new company takes control of the chain’s final three locations.
A company going by Xclusive Cannabis has taken to the web to announce it has affected into the pot shop at 12500 E. 6th Ave. in Aurora.
“Xclusive Colorado is Aurora’s newest recreational clinic,” the web site reads right above advertisements for marijuana concentrates and $1.99 joints. “We have a mission to provide quality cannabis products at a reasonable price.”
The Aurora shop was one of three Sweet Leaf dispensaries allowed to keep their licenses under the terms of a legal agreement the company’s three owners, Christian Johnson, Anthony Sauro and Matthew Aiken, signed with the Colorado Department of Revenue in September. Under the terms, the trio besides in agreement to sell the licenses covering dispensaries in Thornton and the “Federal Corridor,” piece surrendering 29 other licenses covering retail stores, medical dispensaries, grow commerce trading operations and manufacturing facilities.
Calls and emails sent to Xclusive Cannabis representatives were not returned this week, but a web search shows the company has besides taken over a former Sweet Leaf location at 9462 Federal Blvd. in Federal high. According to Westword’s Thomas Mitchell, who first according on Xclusive’s takeover of former Sweet Leaf locations last week, the company has besides affected into the Thornton location.
Johnson, Suaro and Aiken besides in agreement to pay return earned from the sale of the licenses to taxes, penalties and interest owed the Department of Revenue. The total was north of $2 million. Money that remained on the far side that was earmarked for payments owed to the Denver District Attorney’s office, the IRS and the company’s creditors.
Colorado Marijuana social control Division interpreter Shannon Gray confirmed last week that the three licenses were sold but could not say how much money was raised. That is protected financial information, she said.
Xclusive is required to fully rebrand the three stores under the terms of sale set forth in the September revenue department documents. That includes blackball anyone associated with the shop from referencing Sweet Leaf or its owners on its web site or marketing materials.
- December 14, 2018 Embattled Sweet Leaf cannabis business takes some other hit — $8.8M judgment in property dispute
- January 25, 2019 Owners of Sweet Leaf clinic chain sentenced to a year in prison for illegal marijuana distribution
- July 29, 2018 Sweet Leaf case puts Colorado’s marijuana social control system to the test
Sweet Leaf’s empire — once delivery in $5 million in gross gross sales monthly — crumbled in December 2017 when Denver police raided the chain’s stores following a drawn-out cloak-and-dagger investigation into “looping” gross gross sales. Budtenders at the shops were selling some customers maximum purchase amounts of pot multiple times a day, merchandise that then fed the black market, investigators say.
Johnson, Sauro and Aiken took plea deals in January that mandated each serve a year in prison. The trio was besides ordered by a Denver judge to pay $8.8 million to a landholder after failing to meet commitments on four properties they were leasing.