Available Stores for Sale:
Located in the township of Scugog, Ontario location serves 2 cities, and is located on a rural highway that is the heartline of the community.
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About High Miles Incorporated
Passionately Driven, High Miles incorporated is an authorized retailer of premium cannabis products. With over 1000+ premium cannabis products to choose from, High Miles offers its customers an amazing selection at great prices.
We Offer a Turnkey investment opportunity with great income potential backed by a nationwide strategy and system that allows us to work together towards your success.
Mission & History
Founded 2019, in Toronto, Ontario, High Miles Incorporated was set out to be a unique retail outlet in a very new industry, as one of the first frontiers here in Canada. Managed in collaboration by Wealth’s Riches Incorporated and Duane White, the company’s intentions are to expand to 70 select stores in Ontario, while also growing the brand nationally in select locations in the Maritimes, and western Canada.
High Miles finds itself as a leader and pioneer in the Cannabis Retail Space and look to be the largest new retailer and driving force, of premium cannabis products in Canada.
Industry Performance and Track Record
High Miles Incorporated has the fortune of being a part of a very specific, and ‘budding’ niche market that only saw recent legalization, and as such are excited at the growth potential within a new industry.
National Sales in Canada in 2021 Amounted to $3.8 Billion up 46% from $2.6 Billion 2020. Cannabis sales in Ontario alone over 2021 was approximately $1.47 billion, which was over double in sales from the previous year in 2020.
All this to say the future has never looked brighter for our industry, and the High Miles Brand.
Purchasing a High Miles Retail Cannabis Franchise
Franchise ownership under the High Miles brand requires prospective candidates to have a minimum net worth of $300,000 for consideration, with access to no less than $110,000 in liquid capital. The total initial investment potential for this opportunity will typically range between $75,000 and $700,000 depending on the size and locale of your location and the type of franchise package selected.
Ideal Candidate Qualifications
Although a retail background isn’t necessary for High Miles Franchise Ownership, it could be an asset. Our franchisees vary from parents, grandparents, sole proprietors, portfolio investors, to cannabis enthusiasts. Such backgrounds can provide a knowledgeable foundation upon which franchise owners can build a winning edge towards better serving the needs of their local market.
All candidates will have to undergo a criminal background check and must be approved by the applicable provincial regulators.
Training & Support
Our Training and support program is robust, and comprehensive. On top of training, we assign you a support manager who walks with you every step of the way. We also subscribe franchisees to advisory boards to participate in the decision making processes affecting, and governing our brand, and your store.
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