ONE Cannabis signs agreement with entrepreneurial team in Missouri

On Wednesday ONE Cannabis, a multi-state franchisor and vertically integrated multi-state operator, announced it has entered into management consulting agreements with a team of Missouri based entrepreneurs for development of franchises in the Saint Louis market.

In the emerging Missouri medical marijuana market, ownership interests from outside Missouri must hold less than 49% equity.

“Transformational growth is on the horizon for the Midwest, and the players who are going to win are the ones who take the opportunity to prepare for entry now and look to the guidance and support of a seasoned franchise to help navigate the complicated rules of cannabis market entry,” said ONE Chief Operating Officer Mike Weinberger, who has nearly two decades of franchise industry experience. “Think of legalization as the gunshot that kicks off a race – you have to wait for the signal to start, but that doesn’t mean you show up without your shoes.”

“If you’re entering cannabis as an industry newcomer, partnering with a franchise puts you worlds ahead of the competition,” Weinberger said. “Rather than figuring everything out on your own, you have a proven playbook in hand that has been tried and tested in legal cannabis for over 10 years, as well as a partner who are invested in your success and guiding you every step of the way. Cannabis is complicated. We simplify it for our franchise partners so they can focus on scaling and enhancing their investment.”

Additionally, ONE Cannabis will be presenting its franchise opportunity in Chicago July 17-19 at the Arcview Cannabis Investor Forum. ONE Cannabis COO Weinberger  is booked as a scheduled presenter on Friday, July 19 at 11:20 a.m. 

Weinberger will also be featured on a panel Friday at 9 a.m., “Bigger is Better: Scale to Success.”

The panel will discuss multi-state & international operators, business plans, and the challenges and rewards of scaling.