Listing ID : 810963
Listed On June 20, 2024 92
Listing Updated June 20, 2024
New Mexico medical and recreational dispensary franchise opportunities. Franchise fee
only $20,000. This is your lowest entry point into the legal cannabis market. Let me show
you how. New Mexico only.
Why franchise?
For the franchisee who is a novice business owner or a novice to the cannabis
business, franchising offers an opportunity to learn from the experience of others
in a highly regulated industry where mistakes can be catastrophic.
Cost?
$20,000 Franchise Fee. This is the only upfront cost. Royalty fee of 5% of gross
monthly sales after business is operational.
What’s included?
● A registered trademark. Cannabis remains illegal under federal law;
consequently, some trade names, trademarks, and commercial symbols
cannot be registered federally, but are registered with the state of New
Mexico
● Distinctive trade dress and design features, which will promote a uniform
experience in franchised and company-owned outlets.
● An operations manual, which provides operating procedures, training
information, financial planning assistance, and general operating support.
An operating manual would be of particular value to franchisees who are
new to the cannabis business or who need assistance with the industry’s
significant compliance requirements.
● A protected geographic area for franchised and company-owned outlets.
● A microbusiness retail license from the Cannabis Control Division and
business registration
● Assistance with marketing and strategic planning, which can be enhanced
by aggregating marketing efforts.
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