Releaf Group Ltd

In July 2020, Releaf Group Ltd became the first legal Clinic and Dispensary Cannabis Franchisor in Australasia. Releaf Group Ltd's head office is located in Melbourne, Australia, with a wholly-owned subsidiary Releaf Ltd based in Auckland, New Zealand. The company owns 1300DISPENSARY and ranks number 1 on Google search for Dispensary in APAC. Releaf has pioneer franchise sites in St Kilda and Bentleigh in Australia and is on schedule to have 12 locations by the end of the 2021 financial year across Australia and New Zealand. In total, the company is planning to establish 200 Franchises over the next 5 years, with planned sites purchased outright in most instances then leased back to Franchisees likening Releaf's business model to the McDonald's of Cannabis. In 2021 the company is also planning to expand internationally with flagship dispensaries in South Africa, Hong Kong, Thailand and the United Kingdom with the aim of expanding its master Franchising division and international export markets. Releaf's vertically integrated group of companies ranges from the cultivation of cannabis strains, manufacturing and packaging, research and education and distribution channels via the groups own medical clinics and dispensaries (Releaf™) and Recreational Dispensaries (MULL Cafe ™), a Global Online Store and Export division operating in both Medical and Recreational sectors in legal jurisdictions is set to dominate in the region. Each business vertical within Releaf works in tandem with one another to streamline the seed to sale process and maximise margins and earnings.