Hollywood’s Amoeba Music Set To Relocate With A Dispensary License

Hollywood Reporter

Amoeba Music is set to give its customers everything they need in their new store, new music and weed. The store has managed to thrive during a time where physical CD’s haven’t been popular and have essentially died out. Even with this, the store is set to be demolished for a new 26-story apartment complex.

The property was sold back in 2015, but then in 2018, Amoeba’s co-owner, Marc Weinstein said that the store wouldn’t be moving too far from their current location.

The company is also set to get in on the cannabis industry, as they stated that they have plans to acquire a dispensary license at their new location. Amoeba is doing the move in an effort to expand “profit streams in a music retail landscape that has been on a steady decline since the rise of downloadable digital files in the late 1990s.” The company has already made the move when they added their first cannabis dispensary at their Amoeba location in Berkley.

Weinstein had already said that he expects Amoeba to continue to thrive. “Some people like to have the whole artifact curated just as the artist wanted,” He said. “That experience is something people relate to across all age groups. I see so many people my age [repurchasing] vinyl albums that they’d long since sold off. They’re really amazing physical objects that represented the artist’s work. There’s nothing comparable to that in the digital world.”

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