Timonium, Md.-based medical cannabis and wellness company Curio Wellness has launched a new funding program.
Led by Jerel Registre, Managing Director, the initiative will provide start-up capital to minority business owners to open their own Curio Wellness franchise location.
Created for women, minorities and disabled veterans, Curio Wellness’s investment fund will allow the company to further its goal of serving patients with safe, effective and reliable cannabis-based medicine in multiple states through its Wellness Center retail business concept.
A legally separate but affiliated entity from Curio Wellness, the fund will connect diverse investors with up to 50 aspiring women, minority and disabled veteran entrepreneurs, providing $30m in capital funding.
The application process to become a Curio franchisee is expected to open in early 2021 as Curio is approved to establish franchises. The fund will soon announce its first closing and is expecting to have a final closing before year end.
Founded in 2014 in Baltimore, Maryland, and led by Michael Bronfein, CEO, Curio Wellness is a cGMP certified, vertically integrated medical cannabis company.