Synbiotic and Enchilada establish joint venture

The cannabis company and the gastronomy group want to open cannabis stores in Germany - even before legalization.

The listed cannabis start-up Synbiotic and the gastronomy group Enchilada want to jointly open a cannabis store franchise in Germany. To do so, the companies plan to set up a joint venture. For legal reasons, there will be two companies: One will manage the licenses, while the other will grant the licenses to franchisees and take care of the operational business.

"We will promptly present a turnkey brand and concrete concepts for our first own store chain. And all this before legalization," says Synbiotic Managing Director Lars Müller. The joint venture also sees itself as a pioneer for the German economy. Together, they want to find answers as to what the legalization of cannabis could look like in concrete terms.

Synbiotic made a conscious decision to cooperate with the German Enchilada Group. The gastronomy company already has a lot of experience with franchising. In addition, employees in the gastronomy sector are already trained in matters of youth protection and product recommendation through alcohol sales. For the sale of cannabis, the prior knowledge from food law could be useful, as this will presumably be subject to the same rules as alcohol.