O.penVAPE Bids for Broncos Stadium Naming Rights
O.penVAPE recently submitted a proposal to partner with the Metropolitan Football Stadium District, home of the Denver Broncos, to sponsor Denver's landmark stadium. Headquartered in Denver, the nation's leading vaporizer and cannabis oil company envisions the stadium sponsorship as a platform to promote its non-psychoactive cannabidiol (CBD) wellness products.
The current assignee of the stadium's naming rights, Sports Authority, recently announced it will be forced to sell its assets after failing to reach an agreement with creditors. The proposal from O.penVAPE states that the company has the financial means to assume the obligations of the current naming agreement, which may cost more than $6 million annually, in a deal expected to last until 2021.
Coincidentally, a bipartisan bill introduced into the Colorado legislature in April hopes to ensure the name "Mile High" will live on as part of any naming deal for the Denver Broncos' stadium. Jeremy Heidl, Chief...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin