Purple Lotus Blooms Downtown: Purple Lotus, the premier cannabis dispensary in San Jose, is set to bring its success to a high-profile downtown location, potentially playing a pivotal role in revitalizing the city’s urban core. The family-owned dispensary, operating for around 14 years in North San Jose, has secured a lease for a prominent ground-floor space at 66 West Santa Clara Street, a location previously occupied by Peet’s Coffee and Verizon.
The 2,100 square feet ground floor space is strategically positioned at the corner of West Santa Clara Street and Lightson Alley, in proximity to the bustling San Pedro Square. Purple Lotus founder, Matt Krishnamachari, expressed the belief in downtown San Jose’s potential for their business. The dispensary’s downtown location is expected to complement its existing site at 752 Commercial Street, where Purple Lotus has thrived in both in-person and delivery retail operations.
Mark Ritchie, president of Ritchie Commercial, the real estate firm facilitating the lease, sees Purple Lotus as a positive force in downtown’s retail landscape. Ritchie believes that the dispensary will attract people to the downtown area, providing a much-needed boost to merchandise retail in the region.
The move to establish a downtown presence aligns with the changing perceptions around marijuana retail, shedding the stigma associated with cannabis. With cannabis becoming a legitimate part of retail, Purple Lotus aims to contribute to downtown San Jose’s vibrancy.
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The success of Purple Lotus is evident in its revenue of $25 million last year, with approximately 75% derived from in-store transactions. The dispensary, known for its diverse offerings, plans to maintain the same menu at the downtown location, offering flowers, pre-rolls, edibles, extracts, topicals, pills, tinctures, and more.
The new store is anticipated to be a pioneering dispensary in a commercial downtown location, a departure from the current trend of cannabis stores primarily situated in industrial districts. Purple Lotus plans to open the downtown San Jose store by February or March of 2024, operating from 8 a.m. to 10 p.m. daily.
Matt Krishnamachari emphasized the significance of being a family-owned and operated dispensary in the community, distinguishing Purple Lotus from corporate entities. The expansion into downtown San Jose is not only a business opportunity but also a chance to contribute to the area’s revitalization.
As Purple Lotus blooms in downtown San Jose, the cannabis dispensary looks forward to becoming a catalyst for positive change in the city’s urban landscape, fostering economic activity and community engagement.
Our Reader’s Queries
Is Purple Lotus recreational?
Purple Lotus, located in San Jose, is a renowned dispensary that offers top-notch cannabis products to both recreational and medical marijuana users. With a range of high-quality and consistent products, Purple Lotus has won several awards and is a go-to destination for Bay Area customers. Whether you hold a MMJ recommendation authorized by a licensed physician or are a recreational adult-use customer, Purple Lotus has got you covered.
Does Purple Lotus take credit card?
At Purple Lotus San Jose Scheduled Delivery, we prioritize your safety and convenience. That’s why we accept both debit and credit cards as payment options for our products. You can easily find our high-quality items at stores near you. Rest assured that we take the security of your personal information seriously and keep it safe at all times. Shop with us today and experience hassle-free transactions with top-notch protection.
Where is purple lotus found?
The purple lotus is indigenous to northern Vietnam, southern China, Korea, and Japan, and has been successfully cultivated in Thailand and India. In the United States, it is primarily grown as an ornamental plant, adding a touch of beauty to gardens and landscapes.
Does San Jose have dispensaries?
Canna Culture stands out as the top cannabis dispensary in San Jose. With over a decade of experience serving the Bay Area, our loyal customers have come to trust us as one of the most reliable brands in the industry. Our lab tested THC and CBD products offer a full spectrum of options to choose from.