Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: Before you open your store, your "Principal Operator"
(see Item 15) will attend our initial training program in
Wilmington, North Carolina, or some other location assigned by us.
We will provide approximately ten days of training for the
Principal Operator (although the specific number of days may vary
depending on our opinion of your experience and needs). The
Principal Operator must complete the entire training program to our
satisfaction no later than 30 days before your store opens.
Our fee for the initial training program is currently $2,000, but
this only applies to repeat training programs or if the program is
conducted at a location other than Raleigh or Wilmington, North
If you delegate day-to-day management responsibilities to a
"General Manager," we may require that person also to successfully
complete training before the appointment takes effect. We will also
provide training to such person if you request it. General Manager
training will be similar in scope to the initial training provided
to your Principal Operator, although it may be reduced depending on
the breadth of the General Manager's responsibilities. Our current
fee for training General Managers is $2,000 plus our travel .
Other Info: In November 2016, Hempleton Investment Group opened its
first retail store under the Hemp Farmacy brand in downtown
Wilmington, North Carolina. Hempleton Investment Group launched
three more outlets in North Carolina between 2017 and 2019. As of
2019, Hempleton Investment Group owns and operates only these four
Hemp Farmacy stores ("Company-Owned Stores"), which range in size
from 800 to 2000 square feet of floor space. In 2018, Hempleton
Investment Group formed The Hemp Farmacy, Inc. for the purpose of
offering and selling Hemp FarmacySM franchises.