Silver Stem Fine Cannabis was approved for a dispensary license in the popular South Denver neighborhood last fall despite some opposition.
into Bonnie Brae last November, but the group that opposed the dispensary sued the Denver Excise and Licenses Department over the decision. That lawsuit was thrown out, however, and Silver Stem has been operating relatively smoothly since, according to founding partner Stan Zislis.
"The lawsuit got dismissed and we haven't heard anything since. We're very grateful it worked out the way it did, and we're very grateful to have so many supporters," Zislis says. Oppositional concerns largely centered on the number of children frequenting nearby businesses in Bonnie Brae, including the ice cream shop. However Zislis has repeated to concerned residents in the past that no marijuana products will be visible from outside, and store patrons won't be allowed to consume products at the store or in the public areas surrounding it — both of which are already mandated by state law.
Although there is a Lightshade dispensary less than five blocks away on East Mississippi Avenue, Zislis believes that the historic business sector i. which Silver Stem now resides. which includes the liquor store, ice cream parlor and a handful of restaurants, will be advantageous for business. As Colorado's marijuana industry experiences a"The market has changed, and it's down by a lot right now. We're just hoping the conventional rules of retail will prevail.
Silver Stem is focusing on retail hotspots in Sheridan, as well. The chain was recently approved by the City of Sheridan to move from 2800 West Hampden Avenue and into the River Point at Sheridan shopping center, which is home to Costco, Target, PetSmart and nearly forty other stores and restaurants. According to Zsilis, the Sheridan transfer will take place over the next couple of months, with the new store expected to open by Thanksgiving.
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