Should You Buy A Cannabis Franchise? [Forbes]
McDonald's Corporation (MCD)
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Source: Forbes
Ever thought about buying a cannabis business? With cannabis use legal to some degree in 33 states One emerging way to ride the green wave is through franchising, which can be a shortcut to opening a business in an industry that may be new to you. But franchising takes a certain mindset, and cannabis franchising has its own particular challenges Should you buy a cannabis franchise? Here are five important questions to ask yourself to assess your fit for this opportunity. 1. What’s my appetite for risk? While legal cannabis enjoys popular support, it remains illegal at the federal level. This means that, technically, DEA enforcers could batter down the doors and shut down any cannabis business in the U.S., anywhere, anytime. So far, that hasn’t happened. But the political winds are ever-shifting. In legal states, cannabis businesses are popping up all over, heedless of possible federal interference. To buy a cannabis franchise and still sleep at night, you should be a risk-taker who’s
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website