Buddy Boy Brands’ seven metro-area dispensaries will shutter their doors permanently on Friday, with the owner blaming a market downturn and high costs.
John Fritzel took over Buddy Boy in June 2014. Buddy Boy’s locations dot the Denver area, selling flower, concentrates, edibles, topicals and more.
Fritzel, who also owns dispensaries Lightshade and PotCo, initially said sales tumbled off of a cliff, forcing him to close Buddy Boy. However, he admits “a tax balance” is also a contributing factor.