ONE Cannabis Group with Andrew Bowden and Mike Weinberger
ONE Cannabis Group with Andrew Bowden, CEO of Item 9 Labs, and Mike Weinberger, Chief Franchise Officer of Unity Rd. today on Blunt Business only on Cannabis Radio. ONE Cannabis Group, the parent company to the cannabis dispensary franchise Unity Rd., recently announced that it had been acquired by Item 9 Labs Corp. The newly formed entity becomes the first vertically integrated cannabis franchisor in the United States. The combined business will escalate lead flow for Unity Rd. franchise development and mitigate challenges new and existing dispensary owners face. Unity Rd. offers the safest route for entrepreneurs looking to enter an industry that boasts unrivaled potential, helping franchise partners confidently enter the complex cannabis space. We talk about their Local Alliance Program a little bit later on, but first Andrew takes us through the overall menu of services they provide for aspiring and established entrepreneurs.
In 2019, Forbes wrote the following: “Franchising in the U.S. is part of the nation’s business culture and an economic force, generating $451 billion last year. So it’s not surprising that entrepreneurs in the world of cannabis are attracted to the fast growth it can provide.” Back when we spoke with Christian Hageseth back in 2018 around the time Mike you were COO of a Denver-based retail concept called ONE Cannabis. I asked Christian about learning all the lessons and developing the right systems to compliantly and profitably operate a cannabis business. “You don’t need to know how to talk to a landlord or secure a bank account because we will be right there with you, walking you through the entire process and giving you access to our hundreds of vetted business relationships. At the end of the day, the only relationship you need is one – us.” So we dive into what else has learned from the franchising experience and what they bring going forward to assure entrepreneurs that might feel hesitation.