IMAGE: Carolina Hemp Company
Following the legalization of cannabidiol in many states, this innovative franchise brand has gone from strength to strength.
Carolina Hemp Company (CHC) has been making moves in the CBD/hemp business, to position itself as the go-to name for purveyors of this flourishing retail space. Franchise agreements have already been signed for new locations to open throughout North and South Carolina, and early talks are happening that could see CHC enter the Florida and Ohio markets, too.
The brand’s recent explosion of popularity has seen the signing of 27 new store commitments, which will bring its retail footprint to 30 locations.
“As a franchise owner, I’m ecstatic to have the opportunity to be part of such a unique company that’s a cut above the rest in quality and service,” said Marquis Artis, CHC franchisee in Raleigh, North Carolina. “It’s just the icing on the cake for me to be able to bring Carolina Hemp Company to my hometown, the ‘bull city’, to make a difference by being different.”
Now is a better time than ever to join the CBD/hemp train, as the industry generated sales of $5bn in 2019, which are expected to rise to $24bn by 2023. CHC offers franchisees a low start-up investment of $60,000 to $100,000, and guarantees that minimal staff and a small footprint are needed.
“The impact that Carolina Hemp Company has had in our lives was so great, that we had to open our own franchise,” said Amy and Justin Powell, franchisees in Landrum, South Carolina. “We are so excited to open our store.”