Do you own a marijuana dispensary franchise?

Do you want to become a cannabis pharmacy franchise owner? Now maybe it’s time to sign up!

The idea of ​​owning a McDonalds, Chic Filet or Dunkin franchise makes many people enthusiastic about the franchise model of company ownership. Basically, you can run your franchise business locally, but the companies will promote and advertise your business on a large scale. While nothing is free and franchise fees can get expensive, most successful franchise owners will tell you that there are two keys to success: stick with what you’re good at and scale, scale, scale. Owning a Dunkin franchise is nice, but once you know how to run a Dunkin shop, there are 10 Dunkin shops you can make real money with.

But what about marijuana? Will the pharmacy model take over in 5 years? While current laws dictate that the MSO, or multi-state operator model, is legal, future legislative changes may allow for a smaller franchise model. While you will see 10 MedMen stores or 15 Curaleaf stores, they are not locally owned or franchised, they are all owned by the MedMen or Curaleaf companies. Both examples are publicly traded companies, much like the way Starbucks operates its retail stores.

The ability to own pharmacy franchise holdings may change as federal law may change once Republicans have a decent marijuana legalization plan in place and Germany has just announced that full recreational legalization is coming soon. While there are some franchise models out there in states like Colorado and California, it seems like a big investment swing in the possibility that a marijuana dispensary franchise ownership model will work and be viable in the future.

Dan Zaharoni, CEO of From the Earth Dispensaries, has partnered with Cananbis10x Consulting and franchise heavyweight Harold Kestenbaum, who sits on the board of 5Guys Burger and Sbarro Pizza, to give people the chance to become franchise owners of cannabis dispensaries . Kestenbaum has created over 2,000 franchise disclosure forms in almost every state, and law firm Spadea Lignana oversees the process as well as a cannabis-specific attorney.

Ensuring that the FDDs, Franchise Disclosure Forms, have been filed with each state and FTC is an important step in applying for a franchise as it sets out your rights and the rights of the company as an obligation in the labor agreement. Cannabis.net also had a lawyer review the legal documentation after we gained access to the package. We had to register as speakers to get access to the documents. This means that while we have not been paid or compensated for publishing this post, if you click on some of the links or use us as the referring source, we could be compensated in the future when you become a franchise owner, full disclosure only of all future rewards we will receive when you become the owner of a From The Earth pharmacy.

Cannabis Franchise Videos

(Cannabis 10x interview with From The Earth on YouTube, click here)

You can view From the Earth’s stats and its current operations here. Average store revenue is around $ 7 million per year with gross profit of 45 to 55%. Dan and Jason Tropf, CEO of Cannabis10x, sit down for a webinar video to cover the most frequently asked questions and how it all works here. The 41-minute interview covers startup costs, store costs, employees, payment structures, and a variety of topics related to cannabis rules and regulations in different states.

While the entire process can take anywhere from a few months to a year, the idea of ​​having a team and “partner” along the way may be a good idea for many people new to the cannabis industry. If you would like to apply or be added to the franchisee pharmacy’s waiting list, you can click here and enter your details.

Will you own 4 or 5 From the Earth pharmacies in your state, or maybe a few in your state and one or two in neighboring states? The future of cannabis looks bright as news about legalization comes out every week now. If you pass the first round of the selection process, you’ll even fly to California for face-to-face meetings and full walking tours.

Watch the interview and download the investor kit by clicking here.

Good luck to Dan, Jason and Holly in their new venture!

(Full Disclosure – Cannabis.net did not receive any compensation for this story, but if you become a franchisee in the future and use our links we may receive compensation to be determined.)

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