Friday, August 27, 2010

MMJ company to go public

Posted By on Fri, Aug 27, 2010 at 6:27 PM

The Colorado Springs Business Journal reports that Denver-based Altitude Organics, a name that three Colorado Springs centers license, is working toward an IPO.

The Denver-based firm is a venture partner with The Amergence Group of Scottsdale. The firms hope to eventually transition their joint operation to a public company, said Altitude Organic CEO Brian Cook in a statement this week.

“We endeavor to meet the demand from new licensees and rapidly grow our business at a pace that is consistent with the current growth of this multibillion dollar market,” he said.

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