Cannabis One and ONE Cannabis Unite, Primed to Transform the Future of Cannabis
Cannabis One Holdings Inc. (CSE: CBIS) (“Cannabis One” or “CBIS”) and ONE Cannabis Group (“ONE”) announced today that they have entered into a definitive arrangement agreement to combine businesses.
“As two Colorado born and bred companies, we’re comprised of industry pioneers who have honed best practices across nearly all areas of cannabis over the past decade. Together, Cannabis One and ONE Cannabis will lead the industry into a truly successful Cannabis 2.0 with our winning combination. Our products and services deliver a level of consistency and quality to cannabis consumers that’s unmatched. Connecting these exceptional performers will usher in a wave of game-changing initiatives for the industry as a whole,” said Jeff Mascio, CEO of Cannabis One.
Together, the Colorado-based companies will be focused on expanding its franchise footprint worldwide, which includes agreements signed for 15 dispensary franchises across five states and multiple corporate dispensaries in the United States.
“Franchising is the most agile and proven way to scale in the cannabis industry,” said Mike Weinberger, COO of ONE Cannabis, which began its franchise program in 2018. “Cannabis One shares our vision of inspiring confidence in cannabis for all, and we look forward to working together to elevate our brands across North America and beyond.”
For more information, visit ocginc.com.