Cannabis Franchises Offer a Wealth of Solutions for Entrepreneurs

Cannabis is a highly regulated industry with laws that differ from state-to-state and change day by day. These market conditions make it next to impossible for industry newcomers to enter – let alone operate a successful business. Taking ownership of a cannabis franchise comes with backing to break down these barriers.

Franchises provide an opportunity for both new and existing dispensary owners to leverage the knowledge, resources and fins ongoing support needed to thrive in their state compliantly and successfully. According to Green Market Report, the top five cannabis franchises in the U.S. and Canada are Inner Spirit Holdings, Dutch Love Cannabis, Cookies, Uncle Sams Cannabis and From the Earth Inc.

Unity Rd., the national cannabis dispensary franchise from Phoenix, AZ, Item 9 Labs Corp. (OTCQX: INLB), announced this week partnering with a local entrepreneur who will be the first owner of a Unity Rd. franchise in Vermont. The signing of the agreement brings a new cannabis establishment to the Green Mountain State’s budding adult-use market.

“Breaking into an emerging market that is growing at an exponential rate with an entrepreneur who witnesses the true value behind cannabis speaks volumes to our mission,” shared Unity Rd.’s CEO, Mike Weinberger. “Unity Rd. is dedicated to providing its local shop owners with everything they need to successfully and compliantly enter and operate in the industry, along with the backing of a national brand, a team of experts and unwavering support.”

According to the Vermont Department of Taxes, licensed cannabis establishments in Vermont reached $2.6 million in the state’s first month of adult-use sales in October 2022. The market is currently projected to generate $120 to $145 million by 2026, as stated in the 2022 MJBiz Factbook.

To learn more about the Unity Rd. franchise opportunity, contact franchise@unityrd.com, call 720-923-5262 or visit unityrd.com.