Unity Rd. To Exhibit at 2023 Multi-Unit Franchising Conference

Rhea-AI Summary

Unity Rd., the first national cannabis dispensary franchise, is set to exhibit at the 2023 Multi-Unit Franchising Conference from April 25-28, 2023 in Las Vegas. The franchise, launched in 2018, aims to connect with multi-unit entrepreneurs interested in the cannabis sector, which is projected to reach $48 billion in the next three years. Vice President Justin Livingston emphasizes the potential for success amid growing state legalizations of cannabis. Unity Rd. offers time-tested Standard Operating Procedures and extensive support for aspiring dispensary owners, aiming to simplify entry into this complex, rapidly expanding market. The company currently operates four shops and has signed agreements with over 20 entrepreneurial groups across more than 10 states.

Positive

• Unity Rd. exhibits at a major franchise conference, increasing brand visibility.
• The cannabis industry is projected to reach $48 billion in the next three years, indicating significant growth potential.
• Unity Rd. offers extensive support and resources for franchise partners, backed by 250+ years of combined experience.
• The company has four operational shops with agreements signed with over 20 entrepreneurial groups in 10+ states, indicating expansion.

Negative

• None.

Dispensary franchise to connect with multi-unit, multi-brand entrepreneurs interested in diversifying their portfolio

PHOENIX--(BUSINESS WIRE)-- Unity Rd., the first national cannabis dispensary franchise in the U.S., announced today that the brand will be exhibiting at the 2023 Multi-Unit Franchising Conference (MUFC) from April 25-28, 2023, at Caesars Forum in Las Vegas.

The dispensary franchise’s Vice President of Franchise Development, Justin Livingston, and his team will be at booth No. 2037 to meet with entrepreneurs who are seeking to diversify their business portfolio with opportunities in the cannabis industry.

MUFC is geared toward multi-unit and multi-brand franchisees looking to build or expand their business and achieve their growth goals. Attendees can expect in-depth workshops, presentations and leadership tracks—featuring growth strategies, success stories and more—all designed for franchisors and franchisees invested in multi-unit franchising.

Launched in 2018, Unity Rd. offers a direct route for aspiring entrepreneurs interested in entering the budding industry that is expected to reach $48 billion in the next three years, according to cannabis data firm BDSA. The dispensary franchise’s time-tested Standard Operating Procedures (SOPs) and expert team, with a combined 250-plus years of cannabis and franchise experience, offer franchise partners the support, resources and tools necessary to thrive in the complex space through every operational function of the business.

“The cannabis industry is exploding with growth, and it's a truly exciting time to be a part of it. With more and more states legalizing both medicinal and recreational use, the industry presents a tremendous opportunity for multi-unit franchisees looking to expand their portfolio,” said Livingston. “The potential for success and impact is massive, and we're thrilled to see so many people taking advantage of this exciting moment in history.”

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. Unity Rd. breaks down these barriers, helping independent business owners bring the benefits of the growing industry to their hometown to strengthen their communities, invest in local programs and build a legacy.

“The operational functions of running a dispensary are strikingly comparable to businesses in other industries, such as food and beverage, making it a viable option for current franchisees to seamlessly diversify with unwavering support,” added Livingston. “Investing in cannabis offers the possibility of significant economic impact in local communities, enabling entrepreneurs to create a lasting family legacy for future generations.”

The dispensary franchise is actively seeking qualified partners who would benefit from the systems, processes and ongoing support it offers. To learn more about the Unity Rd. franchise opportunity, contact franchise@unityrd.com, call 720-923-5262 or visit unityrd.com.

ABOUT UNITY RD.

Unity Rd. is the first national cannabis dispensary franchise model in the U.S. Since launching in 2018, Unity Rd. has always had one mission and vision in mind for the cannabis industry: to inspire confidence in the benefits of cannabis for all. From consumers to entire communities and investors, Unity Rd. was founded on the belief that everyone has a place in the budding $28 billion industry. The result is high-quality cannabis products guests can rely on that are sold in shops run by local entrepreneurs who are backed by Unity Rd.’s collective 200 years of legal cannabis and franchising experience. An industry pioneer, Unity Rd. is the retail franchise from Item 9 Labs Corp. The franchise has been named one of the top cannabis retail leaders in the nation by MJBizDaily, became the first concept of its kind to become a member of the International Franchise Association (IFA) and was named one of the “Best Cannabis Companies to Work For” in the dispensary category of Cannabis Business Times’ 2023, 2022 and 2020 lists. Unity Rd. currently has four shops open and multiple agreements signed with 20-plus entrepreneurial groups who are developing the brand across 10-plus states. For more information, visit unityrd.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230413005258/en/

Unity Rd.

Interviews@unityrd.com

Source: Unity Rd.

FAQ

What is Unity Rd. doing at the Multi-Unit Franchising Conference 2023?

Unity Rd. is exhibiting at the Multi-Unit Franchising Conference from April 25-28, 2023, to connect with multi-unit entrepreneurs in the cannabis industry.

What growth potential is projected for the cannabis industry according to Unity Rd.?

Unity Rd. anticipates the cannabis industry to reach $48 billion in the next three years.

How many shops does Unity Rd. currently operate?

Unity Rd. currently operates four shops.

What support does Unity Rd. offer to franchise partners?

Unity Rd. provides time-tested Standard Operating Procedures and extensive support from a team with over 250 years of combined experience.

How many entrepreneurial groups has Unity Rd. partnered with?

Unity Rd. has signed agreements with over 20 entrepreneurial groups across more than 10 states.