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Discover CBD

About Discover CBD Discover CBD, founded in 2015 […]

Interested in Franchise ownership?

Franchise Costs and Requirements

Franchise Details

Year Established: 2015
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $89,300
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 5%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Discover CBD Franchises: A Guide for Potential Franchise Owners

About Discover CBD

Discover CBD, founded in 2015 and headquartered in Colorado Springs, Colorado, is a leading provider of cannabidiol (CBD) and hemp products. Their mission is to educate consumers about the potential health benefits of CBD while offering a wide selection of high-quality products, including tinctures, edibles, lotions, and performance patches.

The company was established by a team of experts with diverse backgrounds: a medical doctor, a marijuana and hemp horticulturist, and a natural and medicinal supplement professional. They opened their first retail location in 2017 and began franchising in 2019.

Why Choose a Discover CBD Franchise?

If you're passionate about the growing CBD industry and want to own a business with a proven track record, a Discover CBD franchise might be a great fit for you.

Here's why:

  • Experience and Expertise: Discover CBD brings years of experience in the cannabis industry, ensuring a strong foundation for your franchise.
  • Product Variety: Offering a diverse range of CBD products and accessories for both wholesale and retail customers helps diversify your revenue streams.
  • Exclusive Territories: Discover CBD grants exclusive territories to franchisees, reducing direct competition from other Discover CBD locations.
  • Strong Support System: The company provides comprehensive support to franchisees, including training, marketing assistance, and ongoing research and development.

What You Need to Know

To become a Discover CBD franchisee, you should be prepared to:

  • Demonstrate Business Experience: Provide a statement outlining your previous business experience.
  • Commit to Full-Time Operation: Operate the business full-time and hire a team of employees.
  • Invest Financially: Make an initial investment covering franchise fees and startup costs, as well as ongoing fees for advertising and royalties. You'll also need to meet the company's liquid capital requirements.

Steps to Opening a Discover CBD Franchise

If you're interested in exploring this opportunity, take the following steps:

  1. Research the Brand and Market: Thoroughly research Discover CBD and assess the potential for a successful franchise in your local area.
  2. Perform Due Diligence: Contact existing franchisees, ask questions to the Discover CBD franchising team, and review the franchise agreement carefully.
  3. Apply and Receive Support: If you're awarded a franchise, you'll receive comprehensive support from Discover CBD, including:
    • Training: Classroom and on-the-job training to prepare you for operating your franchise.
    • Marketing Assistance: Support in building brand awareness and promoting your location.
    • Site Selection: Guidance in finding the best location for your franchise.

Opening a Discover CBD franchise can be a rewarding opportunity for those who are passionate about the CBD industry and committed to providing quality products and services to their communities. By taking the time to research and carefully consider your options, you can determine if it's the right fit for you.

Support & Training offered by Discover CBD

Additional Information

Category Location N/A
Number of Units Open 13 (as of 2020)
Investment Range $89,300 - $161,500
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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