Your CBD Store®|SUNMED™ Celebrates Franchise Growth, Awards & Major Milestones Achieved in 2021
January 27, 2022 // Franchising.com // PALMETTO, Fla. - Your CBD Store® | SUNMED™ has wrapped a monumental year marked by innovative product launches, a successful owner’s conference, and franchise growth. Your CBD Store® | SUNMED today announced it has broken into the coveted Entrepreneur magazine Franchise 500 Ranking®, earning the top spot in the CBD category and coming in 314th overall.
“It’s exciting to see what we’ve achieved, even during a difficult year, and to feel like we are beginning a new chapter as we look ahead to 2022,” said Marcus Quinn, Your CBD Store® Co-Founder. “We couldn’t have imagined the growth that our company has achieved just 3 years after opening our first store in Bradenton, Fla. Every milestone we reach is just as important as the last, and these accolades truly are a testament to the passion and dedication of our franchisees.”
Throughout 2021, Your CBD Store® | SUNMED signed 134 new franchisees, raising its total count of U.S. franchise storefronts from 161 to 295 and total store count to over 500 nationally. In addition, the company powered through one of its most transformative years yet, launching its first delta-8 product line, ABOVE, and an industry first “Fuller” Spectrum product line BEYOND, which is packed with 400 percent more minor cannabinoids than the brand’s conventional Full Spectrum formulation. In October, SUNMED introduced TRIM, an innovative, first-of-its-kind weight loss CBD product, with appetite suppressing qualities that reverse the hunger sensation commonly associated with cannabis consumption. The launch of TRIM coincided with the Your CBD Store® | SUNMED owners conference, which took place Sept. 30-Oct. 1. The 2021 Your CBD Store® | SUNMED conference was the brand’s first in-person gathering since 2019, with more than 300 attendees representing Your CBD Stores from across the country.
Over the past year, Your CBD Store® | SUNMED was the recipient of numerous accolades in the franchising world, in addition to last week’s Entrepreneur Franchise 500 Ranking®. The brand has previously been included in other Entrepreneur franchising rankings, placing #36 in the 2021 “Top New Franchises” list, #38 in the “Fastest-Growing Franchises (U.S. and Canada)” list, and #97 in the “Top Franchises for Less Than $100,000” list. In addition, Your CBD Store® | SUNMED received praise from the International Business Awards, earning Bronze Stevie® recognition in the Company of the Year – Health Products & Services category. Rachael Quinn, Founder of Your CBD Store®, was also awarded in the Executive of the Year Category – Health Products & Services category for her leadership and commitment to the Your CBD Store® | SUNMED brand.
“We’ve had a tremendous year with our new product launches, continuous research collaborations, and ramped-up franchising initiatives,” said President of Your CBD Store® | SUNMED, Jay Benge. “We’re proud of the work we’ve accomplished coming into 2022 and are hitting the ground running with some very ambitious new goals to achieve.”
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