๐ 4/20/2023 – Cannabis & CBD Franchises – 4/20 Edition ๐ฟ ๐ฎโ๐จ
CANNABIS / CBD FRANCHISES
#1: Your CBD Store
- Units Open: 275
- Founded in 2018, franchising since 2020
- Initial Investment: $69,800 – $90,300
- Your CBD Store Franchise Website
#2: Natural Life
- Units Open: 12
- Founded in 2018, franchising since 2019
- Initial Investment: $191,930 – $306,500
- Average Revenue: $301,040*
- Natural Life Franchise Website
*Based on 2 franchised locations
#3: Discover CBD
- Units Open: 13
- Founded in 2015, franchising since 2019
- Initial Investment: $89,300 – $161,500
- Discover CBD Franchise Website
#4: Smokers Goods
- Units Open: 3
- Founded in 2017, franchising since 2022
- Initial Investment: $134,000 – $242,500
- Smokers Goods Website
#5: Unity Rd.
- Units Open: 4
- Founded in 2009, franchising since 2017
- Initial Investment: $546,500 – $1,511,500
- Unity Rd Franchise Website
#6: Eufloria Dispensary
- Units Open: 12
- Founded in 2019, franchising since 2019
- Initial Investment: $97,150 – $292,600
- Eufloria Dispensary Franchise Website
#7: Miracle Leaf Health Centers
- Units Open: 41
- Founded in 2017, franchising since 2018
- Initial Investment: $140,400 – $201,400
- Miracle Leaf Health Centers Franchise Website
#8: CBD American Shaman
- Units Open: 352
- Founded in 2015, franchising since 2018
- Initial Investment: $39,600 – $131,800
- American Shaman Franchise Website
Other franchises to consider:
FROM THE POD
Dan Claps & Zach Nolte – Voda Cleaning & Restoration
The โbuy over buildโ approach to entrepreneurship has become popularized especially in the last few years.
In light of that, this conversation with the founders of Voda Cleaning & Restoration was a fun one – because they acquired a small business that has been around since the early 2000โs, and are now franchising it nationally!
Listen to our conversation here!
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