HempCBD Investor Magazine Issue #3 - July / August 2020 | Page 111

Q

CIM: What are the advantages of franchises versus owning stores?

A

Q

CIM: Do franchisees pay a monthly royalty on sales?

A

CSA: No, they do not pay any royalties.

Q

CIM: Our franchisees contractually obligated to purchase all their products from Cannabis Store Amsterdam?

A

CSA: Yes, they are contractually obliged to purchase just our products and every new product the Company creates.

Q

CIM: What types of products are sold in your stores?

A

CSA: We have around 250 different products in different categories, we have a clothing line, a gadget line, edible products with and without CBD, a cosmetic line with CBD, the CBD line (oils, extracts, crystals and hash) and different varieties of weeds containing THC.

CSA: In this way, we save money on management fees and at the same time we are sure to sell our products to the affiliates.

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