Canada's Golden Leaf Wants to Carpet the U.S. With Pot Retail Stores
- Company wants to replicate its Oregon stores in other states
- Federal prohibition complicates implementing a franchise model
Photographer: Trevor Hagan/Bloomberg
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Golden Leaf Holdings Ltd. is taking the first step to becoming the Starbucks or McDonald’s of weed, even though marijuana remains illegal across much of the U.S.
The cannabis company has opened a chain of marijuana stores in Oregon called Chalice Farms. And now venture firm BlackShire Capital has signed a letter of intent to franchise the model, setting the stage for stores across North America.