Vertically Integrated Cannabis Company & Franchisor Wins 2019 Dealmaker Award; Recognized as One of the Boldest Players Driving Mergers & Acquisitions in Franchising
DENVER, Feb. 26, 2019 /PRNewswire/ - ONE Cannabis Group, Inc.™ (OCG), a vertically integrated cannabis company and franchisor, is the first marijuana business to earn a Franchise Times Dealmakers award. The seventh annual project announced 11 winners this week that represent the boldest players driving mergers and acquisitions in franchising.
OCG is recognized for its merger in September 2018 that combined multiple successful companies into one main powerhouse. They cover several areas of cannabis-related business functions, including: franchising, cultivating, consulting, real estate, retail operations and technology (point of sale), among others.
OCG COO Mike Weinberger will be presented the award at the Franchise Times Finance & Growth Conference, May 6-8, 2019, at the Rio Hotel in Las Vegas. The company will also be featured in the April issue of Franchise Times. The magazine is one of the franchise industry's leading trade publications. Its Dealmakers awards are selected by a panel of judges and consider merger & acquisition transactions in franchising from July 1, 2017 – December 31, 2018. The key selection criterion for the Dealmakers awards is the impact of the transaction on company performance or strategy.
"Merging our cannabis franchise [ONE Cannabis] with other related operational businesses allows a level of synergy that is unprecedented in cannabis. It is a huge competitive advantage for us to have control of all aspects of the supply chain to our retail & franchise locations," Weinberger said. "As a vertically integrated cannabis company, we're able to maintain the level of consistency that is so important in franchising."
ONE Cannabis began franchising in early 2018 and currently has five franchise agreements signed for Colorado development, as well as several agreements in the works in other states and in Canada with different entrepreneurial teams. The company expects to add a dozen corporate and franchise locations in 2019 in multiple states and then quadruple its number of locations in both high growth and established legal cannabis states in the next three years. Through its franchise opportunities, ONE Cannabis eases the industry's barrier to entry, making cannabis entrepreneurship more feasible to a broader group.
Those interested in learning more about the ONE Cannabis franchise opportunity, should visit http://ocginc.com.
ABOUT ONE CANNABIS GROUP, INC.: ONE Cannabis Group, Inc. is a vertically integrated cannabis company and franchisor. Across its brands, the powerhouse covers several areas of cannabis-related business functions, including: franchising, cultivating, consulting, real estate, retail operations and technology (point of sale), among others. Denver's award-winning Green Man Cannabis is among them. The brand is well-known for its connoisseur-grade craft cannabis and numerous Cannabis Cup wins. It's sister brand ONE Cannabis stems from the proven Green Man Cannabis business model.
ABOUT ONE CANNABIS: ONE Cannabis is a cannabis franchisor with both retail and cultivation franchise opportunities available. The company's franchise opportunities are founded on the proven business model perfected by 10-year industry veteran and founder of Green Man Cannabis, Christian Hageseth. With countless industry awards under the Green Man name, the marijuana mogul is now focused on building the world's most powerful cannabis business franchise system under ONE Cannabis. The multi-state franchise is based out of Denver and co-founded by Hageseth as well as other cannabis & franchise industry veterans. Named an "Industry Trailblazer" by High Times magazine, Hageseth's entrepreneurial journey in the cannabis industry is chronicled in his book: Big Weed: An Entrepreneur's High-Stakes Adventures in the Budding Legal Marijuana Business. For more information about the ONE Cannabis franchise opportunity, visit http://ocginc.com.