Have a Heart Acquires Leading Cannabis Brokerage Company

Cannabis retailer inks deal with CannaMLS, garnering insight into deal flow across the industry

WASHINGTON: Cannabis retailer Have a Heart today announced its acquisition of CannaMLS, a leading cannabis brokerage company, for an undisclosed amount. The deal comes at a time when acquisitions are sweeping the cannabis sector, as increasing legalization draws the attention of big business.

“The cannabis sector has seen incredible growth, reaching $10 billion this year in the United States alone,” said Ryan Kunkel, Have a Heart’s CEO. “We chose CannaMLS because of their wide reach across the nation with more than 1,000 listings equaling over $1.5 billion in revenues. Their expanding agent referral network and unique agent training program differentiates them as a key player in this space, and provides Have a Heart with a strong strategic expansion advantage.”

CannaMLS was founded in 2015 as a resource for the Cannabis industry. It provides an online forum to view and post cannabis businesses for sale. Clients can post or review listings and/or licenses for cultivation, processing, retail or real estate investment.

“We’re excited about this acquisition,” said Jesse Zesbaugh, CannaMLS partner. “Have a Heart is a company with vision and purpose, and we look forward to being part of its bright future.”

Have a Heart was recently rated by High Times as one of the best cannabis dispensaries in the United States, and earned the distinction as Seattle’s top-selling cannabis retailer from the Puget Sound Business Journal. The company recently closed $25 million in series A financing, the largest private financing round for a pure-play U.S. retail cannabis company to date.

Have a Heart has retail stores across the nation, including in Washington, Hawaii, Oregon, California and now Iowa, with additional stores opening soon in Ohio. The company has more than eighteen applications pending, including in five additional states. In addition, it has more than twenty sites under negotiation with potential merger partners in another four states.

 

Have A Heart Makes Its Debut In Iowa With Two New Medical Cannabis Dispensaries

Cannabis retailer arrives in the quad city with grand openings in Council Bluffs and Davenport

IOWA: This weekend, Have a Heart celebrates the grand openings of its first stores in Iowa. The company will bring its deep expertise in the medical cannabis industry to the Council Bluffs and Davenport communities.

have a heart“We started as a medical dispensary many years ago, so our team possesses a core expertise in this area,” said Ryan Kunkel, CEO of Have a Heart. “Whether they’re living with chronic pain, multiple sclerosis, or going through palliative cancer care, we’re proud to be able to provide patients in the Council Bluffs and Davenport communities with the best cannabis medicine, in a pleasant, non-intimidating environment.”

The Council Bluffs shop is located at 3615 9th avenue, next to Omaha, NE (across the Missouri River). Davenport is located on 2222 E 53rd Street, off of the I-74 Highway. Kunkel and Ed Mitchell, Have a Heart’s chief operations officer, attended green-ribbon-cutting ceremonies for both stores. They were joined by State Rep. Charlie McConkey and Mayor Matt Walsh from Council Bluffs.

“Patients who have a qualifying illness will no longer have to drive great distances to get their medicine,” said Council Bluffs’ Mayor Matt Walsh. “Have a Heart has provided our community with a safe environment where patients have access to a variety of medical cannabis products.”

Have a Heart was recently rated by High Times as one of the best cannabis dispensaries in the United States, and earned the distinction as Seattle’s top-selling cannabis retailer from the Puget Sound Business Journal. The company recently closed $25 million in series A financing, the largest private financing round for a pure-play U.S. retail cannabis company to date.

Have a Heart has retail stores across the nation including: Washington, Hawaii, Oregon, California and now Iowa, with additional stores opening soon in Ohio. The company has more than eighteen applications pending, including in five additional states. In addition, it has more than twenty sites under negotiation with potential merger partners in another four states.

Have A Heart Opens First Cannabis Dispensary In Oregon

OREGON: Have a Heart opened the doors of its first store in Oregon. The Salem location will bring 20 jobs to Willamette Valley, in addition to the company’s knowledgeable, friendly staff and vast menu of lab-tested and locally-sourced flower, pre-rolls, concentrate, edibles, and topical cannabis products.

Have a Heart’s Chief Executive Officer Ryan Kunkel and Chief Operations Officer, Ed Mitchell were on-hand for the store’s green-ribbon-cutting ceremony.

“Our opening in Oregon makes history as the first cannabis retailer to complete continuity of the west coast from Washington to Hawaii,” said Ryan Kunkel, CEO of Have a Heart. “We have successfully executed on phase one of our plan to create the best service and top-shelf cannabis products at economical prices, across the nation.”

The new shop is located at 4618 Portland Rd. NE #110, just off the 99E, next to Dutch Bros coffee and a stone’s throw away from SunRise Espresso, the Original Pancake House and the Oregon Indoor soccer facility. The location provides easy access not only to local Salem residents and visitors but also the surrounding communities.

Founded in 2011, Have a Heart started 2018 with five operating locations in Washington state. Have a Heart was recently rated by High Times as one of the best cannabis dispensaries in the United States, and earned the distinction as Seattle’s top-selling cannabis retailer from the Puget Sound Business Journal. The company recently closed $25 million in series A financing, the largest private financing round for a pure-play U.S. retail cannabis company to date.

Have a Heart has retail stores across the nation including: Washington, Hawaii, Oregon and California, with additional stores opening soon in Iowa and Ohio. The company has more than eighteen applications pending, including in five additional states. In addition, it has more than twenty sites under negotiation with potential merger partners in another four states.

 

Have a Heart Completes $25 Million Series A Financing

Continued retail license wins attract smart capital to fuel aggressive growth

WASHINGTON: Seattle-based cannabis retailer Have a Heart has closed the largest private financing for a pure-play U.S. retail cannabis company to date. The $25 million series A round was led by private, accredited investors with significant cannabis and technology industry experience.

Founded in 2011, Have a Heart started 2018 with five operating locations in Washington state.

The success of its Washington operations provided healthy expansion capital to pursue other markets, and its high application win rate – together with growth through acquisitions – generated greater capital needs for store buildout and working capital.

Have a Heart now has more than fifteen retail licenses across five states: Washington, Hawaii, Oregon, California and Iowa. The company has more than eighteen applications pending, including in five additional states. In addition, it has more than twenty sites under negotiation with potential merger partners in another four states.

“Entrepreneurs can reliably start, grow and finance their businesses in Washington,” Kunkel said. “The state has the best people, leaders, capital, and business and legislative climate for companies to start and become national and world leaders.”

 

Have a Heart, UFCW 21 Forge Washington State’s First Adult-Use Cannabis Union Contract

WASHINGTON: Have a Heart and the UFCW 21 today signed Washington state’s first collective bargaining agreement between the union and an adult-use cannabis retailer.

“This relationship is quite unusual, in a very positive sense,” said Todd Crosby, UFCW 21 President. “It’s rare for an employer and their employees to reach a first contract so quickly and one that is so promising for current and future employees. These partnerships strengthen individuals, families and communities – and lead to superior service for customers.”

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Ryan Kunkel, CEO of Have a Heart, said his company is proud that its agreements with UFCW 21 emphasize equal pay and fair treatment in the workplace regardless of gender, race, religion, sexual orientation, disability or cultural background.

“At Have a Heart, we believe in ‘doing good,’” Kunkel said. “We consistently strive to have a positive impact in the neighborhoods where we do business, and we see our partnership with UFCW 21 as part of our commitment to creating a safe and empowering workplace.”

Under this agreement, 134 current – and countless future – Have a Heart employees will receive above-average compensation for the industry, comprehensive health and welfare coverage and other benefits, including trainings, mentoring programs and staff-development opportunities. As a fast-growing part of Washington’s burgeoning cannabis industry, Have a Heart expects to generate even more family-wage jobs, along with other economic and health advantages.

Last year, the Washington State Institute for Public Policy (WSIPP) found that more than 10,000 people were employed by legal cannabis businesses in 2016, and legal cannabis businesses paid almost $300 million in wages during the industry’s first two and a half years.