SOURCE: Colorado Harvest Company

Colorado Harvest Company

November 12, 2015 11:00 ET

Colorado Harvest Company's Rapid Growth in 2015 Equals 50 More Jobs, Two New Cannabis Centers and the Largest Cannabis Center on Denver's Green Mile

DENVER, CO--(Marketwired - November 12, 2015) - Colorado Harvest Company, a premium retail cannabis enterprise owned by pioneers in Colorado's legal marijuana industry, is growing rapidly and is adding more than 50 new jobs in 2015, resulting in a total full time workforce exceeding 100. It added a third Colorado location; has begun construction on a fourth store in Aurora; doubled the footprint of Colorado Harvest Company-Broadway on Denver's Green Mile; and has increased its warehouse cultivation area to 55,000 sq. ft.

In 2009, Tim Cullen, Colorado Harvest Company CEO, and his business partner, Ralph Morgan, founded the two original Denver stores, Colorado Harvest Company on 1178 S. Kalamath St., and Evergreen Apothecary, 1568 S. Broadway, recently renamed Colorado Harvest Company-Broadway. They became equal partners in 2010. Colorado Harvest Company is a vertically-integrated company that produces and sells its own premium, naturally-grown cannabis for adult medicinal and recreational use. Today, Cullen, an expert in plant science and biology, oversees all growing and retail operations at Colorado Harvest Company. Ralph Morgan serves as CEO of O.penVAPE, the largest brand in cannabis, where Cullen is a co-owner and founding partner.

With nearly $9 million in revenue from just two cannabis centers in 2014, their successful strategy is based on their belief that customers who know exactly the source of their cannabis will have confidence in its quality and purity and continue to come back for more. In the production facilities, Cullen employs horticulturists who apply proven natural production methods to more than 50 strains of marijuana in modern growing facilities. A revolving harvest means that at any time, 20 fresh, naturally-treated strains are available at Colorado Harvest Company cannabis centers.

"From the beginning, we wanted to grow and sell our own cannabis," Cullen said. "We've employed the strictest safety standards and we've set our own bar extremely high, especially in the areas of natural growing and harvesting, innovation and compliance."

The formula seems to be working and has enabled Colorado Harvest Company to acquire new buildings, add more employees and increase its philanthropy.

"We anticipate 2015 revenues will be double those of 2014," he said. "We're like a small Disneyland. For every employee customers see in the store, there are four people in the background supporting them."

Colorado Harvest Company Denver locations, 1568 S. Broadway, 80210, and 1178 S. Kalamath, 80223, and its newest store at 11002 East Yale Ave., Aurora, 80014, cater to adults, aged 21 and older. Please visit ColoradoHarvestCompany.com for details. Colorado Harvest Company has begun construction on a new stand-alone $1 million dispensary in Aurora.

In addition to home grown cannabis flower, all products from outside vendors are tested before they are stocked on Colorado Harvest Company shelves. Selection includes:

  • A minimum of 20 strains available at any given time (as dictated by fresh harvests)
  • Strain-specific hash oil in easy-to-use cartridges from Organa Labs
  • Sugar pills infused with honey oil known as CannaTabs (only available in Denver stores)
  • O.penVAPE personal vaporizer pens
  • Edibles, including Incredibles, Edi-pure, Bhang Chocolate, Gaia's Garden, Full Melt, Mad Mint, Marqaha, The Growing Kitchen, Cheeba Chews, Dabba Bars, Green Hornet, Apothecanna, Mary's Medicinals, Sweet Grass, CannaPunch, Blue Kudu, Mountain High Suckers, and Dixie Elixir

About Colorado Harvest Company

Tim Cullen, CEO of Colorado Harvest Company, and Ralph Morgan own three Colorado Harvest Company retail outlets that produce and sell naturally-grown cannabis for adult medicinal and recreational use. Colorado Harvest Company was the first to commission an independent economic impact study of its business and has since become an industry model for financial transparency. Operating since 2009, their mission is twofold: First, to become Colorado's premier cannabis company by providing its customers with the highest-quality cannabis products and customer service. Second is to responsibly and consistently reinforce positive perceptions of the Colorado cannabis industry through education, legal compliance and by consistently being Colorado's leading cannabis authorities. Please visit http://coloradoharvestcompany.com. Tim Cullen video

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