Cannabis is a huge market right now and lots of individuals are cashing in on this business.
Many “would be” business owners think they do not have enough funding to start earning money through cannabis.
This is simply not true as there are many small business ideas in which to earn money through cannabis.
These businesses can be correlated directly to cannabis, while some are “offshoots” and are added to other businesses that either exist already or that take less upfront funding to start.
Cannabis Business is enormously popular and not having a large amount of capital should not hold anyone back from diving into the cannabis market even if it is only in some small way.
Creative frugal business ideas:
- A blog or newsletter that charges a small fee for information about cannabis is one way to start slowly yet surely and these can be set up by anyone usually as tons of premade templates exist. These do take time to become monetized, and a lot of posting and sharing of others’ work but in the end can be monetized highly once popular.
- Reports on cannabis can also be done and these can be quicker to start, as all you need do is write a well-researched report and then charge a small fee for download. These are easy to market on social media outlets as everyone loves reading about cannabis.
- Recipes can be found and tested using cannabis and just like the blogs, newsletters, and reports, you can charge a small fee. Just be sure and test the recipes first as they must taste good and be safe! Cannabis that is eaten takes longer to enter the bloodstream but is a lot more powerful once it does. Safety and awareness of what one is doing must be a priority here.
- If you own a bed and breakfast or an AirBNB, you have an opportunity to host cannabis parties for a fee. Local laws must be checked however, as although most states and localities allow the legal use of this recreational drug, some still do not.
- Sell the products that “go with” cannabis usage such as pipes, bongs and vapes. Vaping is popular now and there is some good money to be made in selling this apparatus.
- Sell cannabis seeds. Get a variety and check which the most popular types of cannabis are by doing research. Although there are about 1000 different varieties of cannabis, there really are only three types that are considered the most popular and most saleable. If allowed in your area, have a cannabis growing party, and sell the seeds, the planters (organic preferred) and the soil also. Cannabis needs certain nutrients and not all soils are good for starting plants. Again, research is needed.
- Start a class online about cannabis. Online learning is popular now and setting up classes on cannabis knowledge will be popular. However, make sure you know enough about cannabis before you try this. Fees for this can vary but the more knowledgeable you become the higher you can raise the class fees. You can also upsell products that are cannabis related for smoking, and even cannabis-infused cosmetics during the class by setting up a little store that sells supplies.
- If none of these appeal to you, start by simply selling cannabis cosmetics. A small shop on social media, especially Facebook can net a lot of sales of cannabis cosmetics. Also include little reports on what the cosmetics can do, and more money is made, or includes natural oils in the repertoire. Natural oils are also extremely popular, and many others make money online by selling these.
- Last but not the least; if you want to just “jump in” quickly look for Affiliate programs to join that sell cannabis. Yes, these do exist and the more programs you join and promote successfully, the more money you will make.
As you can see there are myriad ways to make money with cannabis besides growth and distribution.
You do not need a lot of cash for any of these ideas and they will pay off if you put your heart and soul into the sales of the products.