emerging industry

Franchisor Signs Agreement with Entrepreneurial Team in Missouri; Company Executives to Meet with Prospective Chicago Franchisees July 17-19 at the Arcview Cannabis Investor Forum

DENVER – On the heels of another Midwest state legalizing cannabis, the industry’s preeminent franchisor is making moves and building its presence in the region with expansion into Missouri and several deals in the works in Illinois as well as other states across the country.

ONE Cannabis (“ONE” or “the Company”), a multi-state franchisor and vertically integrated cannabis operator, announced today that it has entered into management consulting agreements with Missouri residents for development of the franchise in the Saint Louis, Missouri area.

“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.”

ONE CANNABIS PRESENTS FRANCHISE OPPORTUNITY AT CHICAGO’S FIRST CANNABIS INVESTMENT EVENT SINCE ILLINOIS LEGALIZATION

ONE Cannabis will be presenting its franchise opportunity in Chicago July 17-19 at the Arcview Cannabis Investor Forum – an exclusive event for institutional and accredited investors interested in the cannabis space. In addition to meeting with prospective franchisees at the ONE Cannabis booth, Weinberger will be giving a 20-minute presentation on Friday, July 19 at 11:20 a.m. CT about the ONE Cannabis franchise opportunity.

He will also be speaking on a panel Friday at 9 a.m. CT titled, “Bigger is Better: Scale to Success.” The discussion will highlight how multi-state & international operators execute ambitious business plans, the challenges and rewards of scaling across state & international borders, in what instances vertical or horizontal integration is desirable and outlook on industry consolidation. Weinberger will share how franchising can be utilized as a vehicle to drive growth, and how the franchise model can be adapted to meet the needs of cannabis applicants nationwide.

“If you’re entering cannabis as an industry newcomer, partnering with a franchise [ONE Cannabis] 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.”

Several key company players will be present at the Arcview Cannabis Investor Forum. Interested parties can apply to attend the event at http://events.arcviewgroup.com/chi19/#reserve, or contact Tiarra Convento at tiarra@ocginc.com to set up an introductory meeting.

ONE CANNABIS LEADS CANNABIS FRANCHISING IN NORTH AMERICA

ONE Cannabis began franchising in early 2018 and currently has five franchise agreements signed for Colorado development, as well as several agreements in the works in other states and in Canada with different entrepreneurial teams. The company expects to add a dozen corporate and franchise locations in 2019 in multiple states. Recently, ONE Cannabis became the first marijuana business to earn a Franchise Times Dealmakers award. This recognition is presented to the boldest players driving mergers and acquisitions in franchising.

ONE Cannabis team members have decades of experience in the legal cannabis industry, franchising and operations. ONE franchisees gain access to this knowledge – including operational systems, standard operating procedures, depth of resources, exclusive award-winning products and hundreds of vetted business relationships as well as national brand recognition and marketing support.

IDEAL FRANCHISE PARTNERS

The Company partners with both new franchisee investors and existing multi-unit franchisees who are looking to diversify their franchise portfolio. Franchise partner investment costs range from $750,000 to $2.5 million, including a $100,000 franchise fee for a single unit or $250,000 for three units. Those interested in becoming a ONE Cannabis franchisee should have access to a minimum $750,000 in liquid capital. Franchisees may be owner-operators or passive owners with a designated, experienced manager running operations.

To learn more about the ONE Cannabis franchise opportunity, contact Tiarra Convento at tiarra@ocginc.com or visit ocginc.com.

Colorado Cannabis Franchisor to Fill Dozens of Positions Over Next Six Months

DENVER, CO – ONE Cannabis (“ONE” or “the Company”), a multi-state producer & retailer of cannabis and the industry’s preeminent franchisor, announced today the addition of three new members to its senior leadership team, naming Frank Knuettel as Chief Financial Officer, Kacy Sindel as Director of Operations, Cultivation and Jayne Levy as Director of Communications. These key hires, plus more than three dozen employees the Company expects to hire within the next six months across the corporate and store level, will increase the employee count to more than 100 by year-end.

“ONE Cannabis is experiencing a breakout year,” said Christian Hageseth, CEO and chairman of ONE Cannabis. “With the transformational growth we are expecting in 2019, we’re bringing on experienced professionals that can keep up with that pace and have proven track records of success. These most recent hires exemplify the quality of professionals that will allow ONE Cannabis to stand apart in an increasingly crowded, rapidly-expanding and competitive industry.”

Hageseth added, “As the cannabis industry has finally gone mainstream, it remains incumbent upon companies operating within the sector to attract professionals that bring to bear experience gained through their roles in traditional industries.”

New CFO will Play Integral Role in Next Phase of Company Growth

In naming Frank Knuettel as Chief Financial Officer, Hageseth noted, “ONE will have a sasquatch-sized footprint in the U.S. market before long. We’re relying on Frank’s extensive finance background and experience as CFO for multiple public companies to help us redefine the retail experience for cannabis users.”

Prior to joining ONE Cannabis, Knuettel served in various roles for MJardin Group, Inc. (OTC: MJARF), most recently as Chief Strategy Officer, and previously as CFO, where he managed the company’s public listing on the Canadian Securities Exchange and helped orchestrate the acquisition of GrowForce. Prior to joining MJardin, Knuettel was CFO at several public companies, including Aqua Metals, Inc. (NASDAQ: AQMS), a hydrometallurgical lead recycling operation, and Marathon Patent Group, Inc. (NASDAQ: MARA), a patent licensing and enforcement business. Prior to joining Marathon, Knuettel served as the CFO of IP Commerce, Inc., a SaaS-based electronic payment platform. Additionally, Knuettel has held numerous board positions, at both public companies and non-profit institutions.

Director of Operations, Cultivation Will Advance Data Processes to Streamline Cultivation

In his role as Director of Operations, Cultivation, Kacy Sindel will be responsible for overseeing the operational buildout of ONE Cannabis’ cultivation and processing facilities as well as implementing enhanced data processes to increase and streamline the Company’s production capabilities. Sindel has over two decades of manufacturing and production experience including five years working in the cannabis industry. In his 22 years at Designers Choice Cabinetry, he helped grow the business nine-fold, from $2 million to $18 million in annual revenue. His cannabis experience started with Maggie’s Farm in Colorado, where he overhauled their pen and paper operation into a fluid, electronic data-capture model – streamlining the process from harvest to store. Sindel will be tasked with forging strategic relationships with cultivation partners across North America to ensure ONE franchisees have access to the best product available.

Director of Communications Expands Company’s Franchise Industry Experience to Nearly Five Decades

Jayne Levy joins ONE Cannabis as Director of Communications. Prior to joining the Company, Levy founded Pink Tree Creative, where she led public relations efforts for ONE Cannabis over the past 18 months, spearheading communications surrounding the Company’s franchise opportunities. Prior to launching Pink Tree Creative, Levy spent nearly a decade working in franchise-focused communications where she executed PR efforts for more than 70 companies across 20 different industries. As chief point of contact and business liaison, Levy’s franchise experience and PR acumen are a tremendous value-add for the company, as it works to build its franchise system and integrate cannabis into the everyday life of consumers nationwide.

For more information about ONE Cannabis or career opportunities, visit http://ocginc.com/. ONE Cannabis stock images, company logo and executive headshots can be downloaded here.