TL;DR
Franny's Farmacy announced an online public offering for manufacturing to support the expansion of its branded edibles and products. The company aims to continue its trajectory as one of the fastest growing Hemp brands, with plans to open 20-25 franchise dispensaries by the end of 2020.
“Franny's Manufacturing is where the magic happens! All Franny's branded products are manufactured in small, custom-made batches in Asheville, North Carolina. We create the recipes and techniques that our customers know and love right here!” says Franny Tacy.
Fundraising for Franny’s Distribution, the family of companies’ first online public offering, sold out in a historic seven days, so Franny’s Manufacturing is offering big perks to those that invest within the first seven days of launch.
Expanding Franny’s Manufacturing’s capacity and capabilities enables the company to continue on its trajectory as one of the fastest growing Hemp brands. With six dispensaries already open, Franny’s Farmacy is on track to open 20-25 franchise dispensaries by the end of 2020.
“Franny’s Manufacturing is a critical component in our vertically integrated supply chain. To continue to build our manufacturing infrastructure, we’ve decided to turn to crowdfunding and give you, the investor, an opportunity to get in on the ground floor of a quickly emerging industry.” says Jeff Tacy.
Franny Tacy, Owner of Franny’s Farmacy, is the first female hemp farmer in North Carolina. She has degrees in Forestry and Education. Jeff Tacy, CEO of Franny’s Farmacy, coordinated one of the first successful online public offering CBD company fundraises to sell out in 7 days.
He has degrees in Engineering and Environmental Studies. Franny's Farmacy is a vertically integrated family of businesses that includes a farm, growers network, manufacturing, distribution, franchising, dispensary, wholesale, and eCommerce businesses based on years of experience and knowledge, providing value and CBD products you can trust.
In this story
This story was originally published in Franchising.com on February 4, 2020. Burnaze summarizes and links to the original reporting.
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