LAS VEGAS, Nov. 12, 2018 /PRNewswire/ -- Thanks to ONE Cannabis™, it's now possible to own a franchise in the cannabis industry as the industry goes more mainstream. ONE Cannabis will be exhibiting at the largest cannabis industry conference in the world, MJBizCon, November 14-16 in Las Vegas to meet with dispensary owners/operators, franchise brokers and potential franchisees about its franchise opportunities. Interested parties can visit ONE Cannabis at Booth No. 1039, or contact Justin at [email protected] to set up an introductory meeting.
ONE CANNABIS STEMS FROM DENVER'S AWARD-WINNING GREEN MAN CANNABIS
Christian Hageseth, the marijuana mogul behind Denver'sGreen Man Cannabis, a vertically integrated cannabis company well known for its connoisseur grade craft cannabis and numerous Cannabis Cup wins, has replicated its proven business model and partnered with franchise veterans to ease the industry's barrier to entry – making cannabis entrepreneurship more feasible to a broader group through ONE Cannabis franchise opportunities.
ONE Cannabis offers both dispensary and cultivation franchise opportunities. The vertically integrated cannabis franchisor sets itself apart as a market leader in cultivating the highest-quality products and controlling all aspects of the supply chain to its retail & franchise locations, ensuring a best-in-class experience for consumers and franchise partners.
FRANCHISING ADDS STABILITY TO THE NASCENT INDUSTRY
ONE Cannabis is helping the emerging North American cannabis industry grow by offering both existing industry business owners and newcomers a proven formula for long-term success in a franchise model. As the legalization trend continues, franchising is a growth vehicle that will help the industry flourish.
"Increasingly, entrepreneurs are entering the cannabis industry, trying to navigate the new regulated market, and it can be extremely challenging," said Christian Hageseth, the CEO and co-founder of ONE Cannabis and founder of Green Man Cannabis. "By franchising the business model and systems we've perfected over nine years with Green Man, we're bringing together two worlds that have never successfully been merged before and offering some stability and continuity to an industry that has been a bit Wild West."
Hageseth continued, "Much of the cannabis industry is made up of independent shops that have limited resources and are trying to figure everything out on their own. We're offering these owners the opportunity to learn from a trusted industry source that has been in their shoes and can provide them the direction and tools they need to achieve their goals."
ONE CANNABIS ANTICIPATES GROWING TO 50 LOCATIONS IN THE NEXT 30 MONTHS
ONE Cannabis expects to add a dozen corporate and franchise locations in 2019 across multiple states. In the next three years, the franchisor anticipates quadrupling its number of locations in both high growth and established legal cannabis states. It currently has five franchise agreements signed for Colorado development, as well as several deals in the works in other states and in Canada with different entrepreneurial teams.
Ideal franchise partners include existing dispensary and cultivation operators, prospective entrepreneurs across the nation who are interested in breaking into the industry, and people who have already obtained a dispensary license but could benefit from additional expertise in operating a cannabis business.
"We have accumulated substantial experience in the cannabis business from cultivation to retail sales and marketing. We've managed constant changes in regulations, managed a cash business for multiple years and worked with numerous banks – all while maintaining perfect regulatory compliance records," Hageseth said. "Having worked through all of this, we are passing on substantial institutional knowledge on how to deal with the unique challenges of the cannabis space."
ONE Cannabis works with new franchisee investors as well as partnering with multi-unit franchisees, who are looking to diversify their franchise portfolio.
New franchise partner investment costs range from $750,000 to $2.5 million, including a $100,000 franchise fee for a single unit. Those interested in becoming a ONE Cannabis franchisee should have access to $750,000 in liquid capital. Franchisees may be owner-operators or passive owners with a designated, experienced manager running operations.
ABOUT ONE CANNABIS:
ONE Cannabis is a vertically integrated cannabis franchise that is founded on the proven business model perfected by nine-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 with ONE Cannabis. By tapping into the expertise of its award-winning team and their best practices, prospective dispensary and cultivation owners can be on the forefront of the nascent cannabis industry with complete confidence. 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.