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About CBD Authority
Information for Franchisees
Here’s what you need to know if you’re interested in opening a CBD Authority franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor’s trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person’s assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
CBD Authority Franchise Information from Entrepreneur.com
The U.S. Hemp Authority® Certification Program is our industry’s initiative to provide high standards, best practices, and self-regulation, giving consumers and retailers confidence in hemp and CBD products.
250 West Main Street, Suite 2800
Lexington, KY 40507
Questions or Comments?
Contact us at [email protected]
FoodChain ID is the new administrator of the U.S. Hemp Authority’s Certification Standard and is immediately available to assist you through the USHA certification process.
Click the button below and you will be redirected to their website where you can complete your application.
Companies certified by US Hemp Authority