Incubator For Cannabis Retailers
Growing Talent is an incubator for aspiring cannabis entrepreneurs.
This incubator provides minority candidates looking to enter the cannabis industry with two key elements:
• Proprietary e-commerce technology to help shift the traditionally “offline” cannabis retail business online.
• And resources entrepreneurs need to open their own franchise — including retail space, inventory, and marketing tools. Furthermore, this program helps franchisees apply for a coveted cannabis license, a requirement for retailers looking to sell cannabis.
Growing Talent provides franchisees with inventory through its sister company, Good Tree. Good Tree is a vertically integrated cannabis company. This means it’s involved in nearly every aspect of the cannabis business, from cultivation and manufacturing, to retail sales and delivery.
Since launching in 2018, Good Tree has secured seven licenses for its cannabis businesses, and generated $3.5 million in revenue. By summer 2020, the company plans to have 12 retail stores up and running.