It’s no secret that cannabis has emerged and become one of the most popular and upcoming products among Americans across the country, partly due to the fact that most states have legalized this plant. What does that mean for the entrepreneurs? There’s a big chance you can find a startup business in the cannabis realm that is sure to reap results.
1. Grow Cannabis Yourself
Let me start off by informing you that growing cannabis plants is no walk through the park. They aren’t like regular plants and require a whole lot of care, with proper lighting and certain amounts of water. If you don’t give the plants exactly what they require, you’ll end up with no production or production that tastes bad and doesn’t offer a very good ‘high’.
However, if you study hard and do plenty of in-depth research on how to grow cannabis plants and the entire germination process, you can certainly see some amazing results that pay off well. With your crop, you can either:
- Sell directly to the public (with laws in mind, of course)
- Sell to dispensaries
- Make edibles out of your product
- Plus much more!
2. Make Edibles
When you think of cannabis, you most likely think of people smoking out of a pipe or bong to obtain a high. But what about edibles? Edibles are growing in popularity, and here’s why: edibles are undeniably delicious and they can be consumed anywhere in a discreet manner. There are no annoying, disgusting smoke bombs to worry about and you don’t have to have any special equipment to get the cannabis into your system.
If you’re thinking about making edibles yourself, you should know that there are endless opportunities. While the most popular edibles are brownies, cookies, and lollipops, you can virtually make anything using cannabis. Some people are going as far as making burritos, pasta, and crackers using cannabis, so you can only imagine the foods and treats you can come up with.
3. Start Your Own Dispensary
This is probably your best bet when it comes to making money off of weed, especially if you’re not much of a gardener or a chef, but still, want to make a profit off cannabis in some way.
Before you start your dispensary, you definitely want to look into your local laws to see what is and what is not acceptable; you don’t want to be the odd weed shop at the end of the block that gets shut down for not being following protocols.
Once you’ve done proper research, you’re ready to get started on your new adventure. You have the opportunity to sell your own goods, but if you don’t have any product of your own you will need to purchase from other companies or persons to obtain weed and accessories to sell.
4. Make Your Own Accessories
Any artists out there? If you want to earn a buck off the cannabis industry and you’re a huge lover of all things art, then you might want to consider making your very own cannabis accessories. This could be anything from actual pipes and bongs with vivid and wild designs, to something more simple like a lighter with a pretty print or a bag that will hold pipes and give them plenty of cushions so they don’t break.
Much like edibles, there are endless opportunities when it comes to weed accessories. Think out of the box when creating your accessory. Try to find or do something completely new and unique that will spark interest in the smoker (no pun intended).
5. Cannabis Taste Testing
Have you ever been to a bar that had beer tasting? It’s a super fun activity that gives you plenty of options and different tastes without having to buy the entire product. Well, what if someone offered that, but with weed instead? It would be BOUND to be a hit!
For this, you could either give people a hit of a certain strain of cannabis to ‘taste test’ it, along with a few other flavors. You could also set this up using edibles as well so people can discover what their favorite weed edibles are.
It would be a fantastic idea that would draw in a whole lot of people, especially those who are new to the cannabis world and want to give it a test run before they buy a product.
6. Cannabis Event
Cannabis lovers are bound to attend an event that’s all about the weed. That being said, you are likely to find plenty of wealth and good times doing a cannabis event. Just check in with local laws to ensure what you’re doing is legal. From there, you can set something up-think of something Woodstock inspired with music, dancing, and plenty of weed-and get the ball rolling on an event where people from around the area can come and basque in the essence of cannabis.
7. Sell Online
Everyone is buying online these days, from groceries to clothes, couches to tables. So why not start up a company that sells all of their products online? This is a great choice for those who don’t want to set up an entire dispensary but want an area to sell their weed. Make sure you give your website some unique keywords so it can easily be found, such as buy weed online or something similar, if you’re working from Canada.
Conclusion
There’s plenty of money to be found in the cannabis industry. You can either become a grower and cultivator yourself or open up a shop that works with the public either in person or online. There are so many possibilities to make money with weed, so turn on your creative side and get to work!
Author Bio: Jessica is a cannabis and health industry consultant who frequently writes about the latest trends in the industry. She has been writing for a long time now. Through her writing, she hopes to influence as many people as possible to help maintain better health and lifestyle.