Denver's first 'bud and breakfast' is changing hands

KUSA - Denver's Adagio Bed and Breakfast is being acquired by the company that's been operating it as a "bud and breakfast" for nearly a year.

The MaryJaneGroup Inc. (OTCBB: MJMJ), which has tried various pot-related ventures since starting early last year, has had the most success with the B&B, at 1430 Race St.

MaryJaneGroup, also based in Denver, will pay $1.5 million for the property. The company said $1 million will be financed by the B&B's current owners.

Helen Strader owns the Adagio. The purchase is expected to close by May 15.

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