A block down Colfax from High Street sits a B&B where bed and breakfast goes hand-in-hand with bongs and buds. And it’s about to become a more permanent fixture in the pot tourism scene.
Hospitality management newcomers the MaryJane Group plan to close on a deal to purchase the Adagio Bud & Breakfast for $1.5 million on May 15. The company – which has leased the Adagio since April 2014 to test out the viability of its “canna-lodging” hospitality concept – is purchasing the property to run it permanently.
New York native Joel Schneider, CEO of the MaryJane Group, is the mastermind behind the Bud & Breakfast model.
“I was living in a hotel downtown, and I would go into the bathroom and close the door and turn on the fan to smoke,” said Schneider, a former securities attorney. “I realized it was no fun. I was missing out on the social aspect. Cannabis is meant to be passed.”Read More
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 MaryJane Group 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.
The MaryJane Group, 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.Read More
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.
To read the full report, visit: http://bit.ly/1EgA7SB.Read More
While you can legally buy weed in Colorado, it’s not OK to smoke it in public. And hotels aren’t exactly enamored of guests lighting up on the balcony (most prohibit marijuana consumption on hotel premises and fines are hefty). So where do you go to enjoy your wares? Enter TravelTHC, a sort of Airbnb for stoners, which links owners of marijuana-friendly properties with tourists looking for a short-term rental. And just like Airbnb, TravelTHC vets both hosts and visitors.
If you’re not comfortable with staying in a stranger’s home, there are two “Bud+Breakfast” B&Bs that opened last year: the Adagio, located in a historic Victorian in downtown Denver, and in the mountains outside Vail, the Silverthorne, with four Grateful Dead-themed suites named after the band members. Both properties host a 4:20 Happy Hour for guests — those in the know will get the quirky timing — with hors d’oeuvres, beer, wine and a selection of three different strains of cannabis.Read More
At the beginning of the year, Colorado became the first state to legalise cannabis, after voters approved the change in 2012.
The result is not only the birth of new marijuana tour companies, but also a startling burgeoning of the cannabis industry as a whole.
Business graduates and young entrepreneurs such as Brett Schneider of The MaryJane Group have flooded into the state looking to get in on the action.
"I think the sky is the limit for the industry," he says.
"One of the things I've learned is that the real way to go about it is to be safe and responsible. If you hold those as your two brand attributes that you really stand true to, you can change the perception of cannabis."Read More