Marijuana is rapidly becoming legal in many parts of the country, so now is the time to start a marijuana business. But you can do it without a lot of startup capital – less than $1000 in some cases!
Whether you are interested in a creative, social, or scientific business in the field, you can find exciting and rewarding work in the cannabis industry. Below are a few examples.
Big companies handle many marijuana productions, but many consumers will buy a product grown by a small grower in a more personal setting. They often prefer buying in an intimate environment from someone they know.
Marijuana grower is a good idea for anyone who is fascinated by growing and cultivating high-quality plants. You can start as big or as small as you wish. If you have the time and space, you can begin your marijuana farm. But you also can create your growing business with a handful of plants.
Of course, growing marijuana might be more challenging than you think. That’s why it’s smart to educate yourself on the field if you are new to marijuana growing. You’ll need to have a firm understanding of the necessary conditions for marijuana plants to grow. You also need to know how to care for the plants as they reach maturation.
Note that producing marijuana requires a state license, so you need to know the application process and rules.
If you enjoy working with marijuana but do not want to grow it, processing could be a good fit. Being skilled at extracting trichomes and readying the plant for consumption will be important in the future. If you know how to roll joints or get the product ready for consumption, you could make money.
Most states require you to have a license to handle the plant, so make sure you know the laws in your area.
Do you have the skills and knowledge to transport cannabis from place to place, keeping it at an ideal temperature to maintain its quality? You can put your experience into practice by starting a cannabis delivery service. You could set up contracts with local farms and dispensaries and learn about the best places to procure popular strains.
Once you are an expert on your area’s varieties, you can even become a personal shopper.
Marketing Marijuana Edibles
Some people want the benefits of marijuana consumption but do not want to smoke it. They would rather eat cannabis in baked products or even drink it as tea.
If you like baking and want to use your kitchen skills, this could be an excellent business opportunity. You can begin with a few baked items and expand your offerings as the word gets out about your company. If you have enough success, you might even open your marijuana edibles store.
There is a growing market for cosmetics infused with cannabis. New research suggests using cannabis in creams and balms can help people tolerate chronic pain. Cannabis-infused creams can be especially helpful to fight arthritis pain.
The cannabis world is a complicated one, with all the different federal and state laws governing the use and sale of marijuana. There are many regulations and rules, and it can get confusing for someone who wants to start their own cannabis-related business.
If you are highly knowledgeable in cannabis law, you can advise startup companies in the cannabis industry to ensure they stay within the law.