Similar Stories to Green Dragon Dispensaries, Grow Facility To Remain Open After Cash Infusion on Bing News

In an unexpected turn, Green Dragon, one of the largest dispensary chains in Colorado, will keep its stores and grow facility open. The retailer’s parent company, California-based Eaze, got an infusion of $10 million from its owner, Jim Clark, to remain operating, it announced Tuesday. Clark, the billionaire founder of the defunct tech firm Netscape, foreclosed on the company’s assets in August for $54 million. “We’ve just been working with the new ownership group to assess what we’re doing in the future,” said Cory Azzalino, Eaze’s CEO.

BING NEWS:
  • Green Dragon dispensaries, grow facility to remain open after cash infusion
    The retailer’s parent company, California-based Eaze, got an infusion of $10 million from its owner, Jim Clark, to remain operating, it announced Tuesday. Clark, the billionaire founder of the defunct ...
    11/13/2024 - 11:00 pm | View Link
  • Green Dragon dispensary gets a lift from investors to keep Colorado, U.S. locations open
    California-based Eaze Inc., Green Dragon’s parent company, got a $10 million lifeline from investors, according to a statement. The money will allow the company to reopen 70 locations, including Green ...
    11/13/2024 - 9:16 am | View Link
  • Green Dragon founders fired up to “get back to where we were” with new joint
    And Green Dragon’s CEO told BusinessDen last month that the company’s Denver grow operation and 17 Colorado dispensaries ... pays $7.5M for site in University Hills The dispensaries are open, although ...
    11/5/2024 - 10:45 pm | View Link
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