Starting this week on a high note with Purple Lotus

A prime 2,100 SQFT corner space that was formerly Peet's Coffee at 66 West Santa Clara Street has reopened as Purple Lotus cannabis store. They just had their ribbon cutting last Friday..

I believe this is the first urban dispensary in San Jose. Most are tucked away in industrial areas, including the original Purple Lotus location at 752 Commercial Street. That dispensary is much larger and has a thriving business for both in-person and delivery. The family-owned business employs 139 people and is currently San Jose's largest dispensary.

The Downtown location will take advantage of relaxed hours that were voted in last November and will be open from 8am to 10pm. This may actually be a significant draw for Downtown (and perhaps help nearby restaurants). While I have personally never bought anything at a dispensary, I also wouldn't underestimate their potential impact. San Jose collected $16.6 million in taxes from dispensaries last fiscal year.

Sources: SVBJ, The Mercury News

George Avalos/Bay Area New Group