Franchising Amsterdam's cannabis trade

Cannabis Store Amsterdam is the leading hemp-related shop in Europe and are supported by an entire network of experts in the field and successful franchises in different countries. It is an innovative concept that combines the idea of a souvenir shop with the world of 100% legal hemp. The Cannabis Store Amsterdam franchising offer gives investors two options for a fast and low-cost profitable business opportunity.

The Cannabis Store Amsterdam brand has been in operation for over 30 years and the business is constantly growing and developing; its expansion has been recognised by industry insiders and the business has received numerous awards, including Millionaire Magazine's 'Brand of the Year'.

The Cannabis Store Amsterdam franchise network was formed at the end of December, 2016, in order to produce, market and distribute across Europe. Since then, Cannabis Store Amsterdam franchises have boomed. For example, in one year they opened over 100 new stores in Italy alone. They currently have over 150 franchises across Europe and are expanding into the Americas as well as Africa.

The company prides themselves on having the widest product range for a shop of this type in Europe. They create and sell a large range of products (roughly 300 items) to satisfy any kind of request: from smoking accessories (grinders, rolling paper, pipes, bongs) to legal hemp edibles (biscuits, muffins, chocolate, lollipops), merchandising (backpacks, jackets, t-shirts, name badges, beanies), drinks (soft drinks, CBD water, wine, beer) and an extensive cosmetics line, including pain relief products (Arthoren). It’s important to note that all products are totally legal and are always subjected to scrupulous quality controls.
 

There are currently two options when opening your own franchise store:

Firstly, is a store used for retail only sales. With this type of site there is no possibility to drink or smoke. The shop must be between 15-50 square meters in size. It requires an investment of €24.900, excluding the products – which you buy directly from the company.

The investments includes:

• Use of the brand
• Outside LED front shop sign
• Fridge for takeaway drink
• Inside furniture
• Inside wall dressing
• National and international advert
• Updates during grow and innovation phases
• Coffee machine
• Zone exclusivity
• Free installation and assembly
• 3-day training course on site
• Front selling counter with glass top
• Transport to be calculated
   

Secondly, is a retail and bar option that allows the clients to use products on site; you just need a bigger shop. On this instance the shop must be over 50 square meters in size. It requires an investment of €29.900, excluding the products – which again, you buy directly from the company.

This investment includes:

• Use of the brand
• Outside LED front shop sign
• Bar bench (max length 3m)
• Back bar bench
• Back bar bench for coffee machine
• Professional Fridge
• Fridge for takeaway drinks
• Inside furniture
• Inside wall dressing
• National and international advert
• Updates during grow and innovation phases
• Coffee machine
• Zone exclusivity
• Free installation and assembly
• 3-day training course on site
• Front selling counter with glass top
• Transport to be calculated
   

The ideal site would be located in the city centre in commercial areas that are popular with tourists. If in doubt, the company will help you select the perfect location for your store. They also offer a training plan to guide you through the initial period of business and carry out periodical updates to ensure consistency within their network. Business coaching consists of training in sales techniques, how to fit out your store, as well as teaching you the legal framework of the operation.

According to the company: “Joining the Cannabis Store Amsterdam family is synonymous with high returns and an extremely short return period for the initial investment made, with some franchisees having even earnt everything back in less than two months.”

“Our mark-up margins range from 80% to 400%, ensuring high profits and also flexibility with regards to pricing. It is an excellent way to learn more about the benefits of the cannabis plant, to join a profitable and reliable franchising business and to share this passion with the community,” they said.

FRANCHISE UNITS

Active Franchise Units: 150+

• Italy
• Spain
• Portugal
• France
• Romania
• Georgia
• Mauritius
• Croatia
• Bulgaria
• United Kingdom
• Greece

SUPPORT FOR THE FRANCHISE

The company offer a number of tools to their franchisees:

• An exhaustive three-day training course to explain the products to the new franchisee, how to commercialise them the legal framework to abide by
• National and international advertising campaigns that benefit the entire franchise network in a certain region at once
• Ongoing support in your business operations and the provision of staff’s private mobile phone numbers to franchisees in order to be able to respond at any time of day

BASIC NETWORK REQUIREMENTS

Cannabis Store Coffee WITH bar service location: 25 - 50 square meters

Cannabis Store Coffee WITHOUT bar service location: 15 - 30 square meters

• Passionate about the market
• Enthusiastic and motivated
• Assertive
• Seeking professional success
• Personable and good at dealing with clients

KEY FIGURES

• Cash Investment: $30,000
• Investment Range: $24,990 - $29,900
• Franchise Fees: $24,900
• No royalties or extra fees