Franny's Farmacy

The Franny's Farmacy franchise is known for its hemp varieties that are grown for cannabinoid production. The brand was founded by Franny Tacy in 2018, and it began franchising the next year. Tacy was inspired to start the business due to her passion for regenerative agriculture and plant medicine. She also became distressed at what she calls the “unhealthcare system.” Partner that with her love of land, and you get the Franny's Farmacy franchise. This is an attractive franchise for prospective candidates because they will enjoy the brand's vertically integrated system. The brand also controls its entire supply chain, which is pretty rare in the industry. 

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Franny's Farmacy

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Franny's Farmacy Franchise Cost and Requirements for 2022

Background

As more and more states legalize cannabis, business-minded individuals are looking to cash in on the booming industry. If you want to get your piece of the growing cannabis and CBD industry, you should consider the Franny's Farmacy franchise. The brand was founded by Franny Tacy in 2018, and it began franchising the next year. Tacy was inspired to start the business due to her passion for regenerative agriculture and plant medicine. She also became distressed at what she calls the “unhealthcare system.” Partner that with her love of land, and you get the Franny's Farmacy franchise. This is an attractive franchise for prospective candidates because they will enjoy the brand's vertically integrated system. The brand also controls its entire supply chain, which is pretty rare in the industry. Franchise owners with the brand will also benefit from the franchise's great support and training. This includes buyers’ guides, product descriptions, video tutorials, technology insights, consumer data, and more.
Franchise owners can also benefit from the brand's marketing expertise, which will help them digitally market their business. This will also help franchisees understand the regulatory requirements that come with owning a cannabis business. The Franny’s Farmacy franchise will also support you with easy fulfillment for your orders. This includes simple products, order processing, and pricing. To make your job even easier, the franchise possesses the expertise that is required to provide guidance around credit card authorization, insurance, lending, point of sale, and more. Customers will also like that your products are backed by certificates of analysis, which are provided by a DEA-certified testing facility. 

Company Details

Headquarters: Asheville, NC 
Founded: 2018
First Franchise: 2019
Canada: No
International: No
Exclusive territory: Yes
Home-based option: Yes
B2B: No

Support and Training Offered By Franny's Farmacy

In terms of support and training, franchise owners with the brand can expect an initial training program that is broken down into classroom and on-the-job instruction. You can also marketing and grand opening support, site selection assistance,  and ongoing support for your entire time with the franchise. 

2022 Franchise Requirements Needed to Own a Franny's Farmacy Franchise.

What does a Franny's Farmacy Franchise Cost?

Franny's Farmacy franchise fees for 2022:

Third-Party Financing Options: Yes
Veterans incentive: Yes
In-house financing options: Yes
Royalty Fee: 3%
Initial Investment: $135,950 - $263,850
Initial Franchise Fee: $27,500
Cash Requirement: $100,000 - $200,000

 

Is Franny's Farmacy a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Franny's Farmacy is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Franny's Farmacy a Home Based franchise?

No. Franny's Farmacy is not a home based franchise opportunity.

What Do Franny's Farmacy Franchise Owners Make?

Click here to find out how much Franny's Farmacy franchisees make. Franny's Farmacy offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Franny's Farmacy Offer a Veteran Discount?

Yes. Franny's Farmacy franchise does offer a veteran discount.

Is Franny's Farmacy Looking for Franchisees in Canada?

No. Franny's Farmacy franchise is not looking for Canada franchisees.

Is Franny's Farmacy Looking for International franchisees?

No. Franny's Farmacy franchise is not looking for International franchisees.

Additional Information

Additional Categories

Health, Beauty & Nutrition, Retail, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Franny's Farmacy Franchises for Sale

Click Here to inquire about existing Franny's Farmacy franchises for sale. We may have Franny's Farmacy franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.