Sell CBD Oil Work From Home

Like many other industries, distributors of CBD are facing challenges when attempting to get their products on store shelve amid the COVID-19 pandemic. Looking for a list of organic CBD oil companies to join and promote? Ready to join a direct sales or affiliate program. Here's a big list of CBD companies > Sales of CBD products has grown exponentially over the years. Spark your entrepreneurial spirit and learn about the different CBD businesses you can grow.

Tips and Tricks for Selling CBD While You Work from Home

Cannabidiol (CBD) , a compound found in hemp and cannabis plants, is becoming increasingly popular as a dietary supplement. In fact, the CBD industry is projected to hit $20 billion in sales by 2024. So, it is not surprising that there are more than 3,000 brands in the market, hoping to ride the wave of success and reap the rewards.

Regardless of the overwhelming adoption of CBD ( 33% of Americans ) and the fact that hemp and hemp CBD are federally legal following the signing of the 2018 Farm Bill , the industry still faces challenges in advertising , banking, and insurance.

And that was before the Coronavirus Pandemic.

Like many other industries, distributors of CBD are facing challenges when attempting to get their products on store shelves. Furthermore, they are struggling to stand out from the oversaturated CBD market.

InStore Design Display, like the majority of B2B companies, has a team dedicated to identifying and pursuing new business. We have been among the millions of business development teams who are identifying new clients and opportunities while adhering to stay-at-home and social distancing orders. We’ve learned a thing or two since the pandemic began. By blending our industry knowledge gained by working alongside CBD and Cannabis brands with our own approach to sales during the pandemic, we developed a how-to guide for CBD companies while they are working from home.

The Basics

There are some basic rules of thumb to follow if you’re selling your CBD products into a retail store. By asking the right questions and doing a little homework, you will save yourself the headache of chasing opportunities that are not a good fit. Let’s review these basic tips before we learn more about the nuances of selling during a pandemic.

Make your credentials known.

Whether you are calling, emailing, or stopping by in person, the first step in solidifying your brand as reputable and trustworthy is to acknowledge that your products are badged with the Marijuana Enforcement Division or the equivalent of this designation in your own state.

Know your product.

Be able to communicate your products’ differentiators. Regardless of the method you are using for outreach (phone, email, social media), be able to concisely communicate what distinguishes your product from all the others that are sold in their store currently. There are many gaps in product offerings on dispensary shelves. Brands that can help fill a void on the shelf will find a receptive audience among buyers and decision makers.

Example: Point out that your tincture is agave based, and it doesn’t have an oily or chemical taste like some of the other tinctures.

Know all your numbers.

The general mark-up standards in the cannabis industry point toward 2-2.5x of the actual cost of the product. Knowing the price-point and how it competes with similar products is vital.

Understand the customers.

Not every dispensary has the same clientele. Before investing your time and energy into trying to get your products on their shelves, it would be beneficial to ask who their target demographic is and what types of products sell the best.

Example: “By far the hottest category is 1:1 THC to CBD. This comes in the form of candy, capsules, and tinctures. It may be in part because our market is dominated by people above 50 years old, but CBD is very popular despite being more expensive.” says Liam Comer from Growhouse Dispensary , Nederland, CO

Example: Certain cities/regions are more health conscious than others. When dispensaries in these areas are choosing which edibles to stock their shelves with, a sugar-free, gluten-free option may pique more interest than saccharine candy and sugar-bomb brownies.

Brick and mortar experience.

Good, presentable packaging is a must. Great presentation helps buyers realize your product will stand out on an increasingly competitive shelf.

Take the consumer experience with your brand a step further—providing engaging fixtures or point of purchase displays that tell your brand story will not only help draw attention to your products , it reduces the amount of blank space that may exist on shelves.

Go social. but be careful.

Influencers (aka brand ambassadors) are the elite marketing trendsetters of 2020. This marketing trend is beneficial for CBD companies, due to the heavy regulations surrounding traditional advertising methods.

According to Courtney Wu, CEO, and co-founder of AMNESIA , “In the old days, marketing was a parent-child relationship whereby the brand pushed customers to buy a product because they knew what was best. These days, brands and consumers are peers. It is crucial to develop a direct and meaningful relationship with consumers. Influencers curate their communities and therefore represent a direct line into the hearts and minds of the members. Cannabis and CBD Influencer marketing is a crucial strategy to humanize and legitimize a brand in the eyes of the consumer.“

Tips for Selling during a Pandemic:

  1. Set a daily standup meeting. Improve collaboration around what’s working and what’s not by implementing recurring meetings to share the latest from your conversations with clients and prospects. At IDD, we have found these daily huddles also reduce the feelings of isolation that can happen to anyone during this time, especially those in business development.
  2. Use video. Bridge the gap where trade shows and other in person opportunities once stood by opting for video calls vs. phone calls. Doing this humanizes you and your brand and allows the client to begin to know, like, and trust you.
  3. Show your personal brand on social media. Emphasize the importance of sharing company and brand updates on social media. Your friends and family want to support you, so request that your followers like, share, and comment to boost your exposure.

With these tips, get ready to sell more CBD products into brick and mortar retailers and get your products onto more shelves. Drive more sales—all while working from home.

Natural & organic list of CBD oil companies: direct sales & affiliate programs – 2020

This post contains affiliate links, which means I will make a commission at no extra cost to you should you click through and make a purchase. This post is not meant to provide financial or legal advice. Consult your attorney before implementing anything mentioned in this blog.

Looking for a list of organic CBD oil companies to join and promote? Passionate about organic, natural and safe ingredients in your CBD products? Ready to join a direct sales or affiliate program and earn income from home on your own schedule? You’re in the right place.

What is an organic CBD Oil Company?

Many companies are getting on board with the CBD craze and offering CBD infused supplements and body care. Customers are feeling the benefits of CBD for a variety of ailments without getting the high of THC. CBD is naturally found in the hemp plant.

What is an organic CBD affiliate program?

When you become an affiliate with a CBD company you will earn commissions on online sales referred to the business’ online store. Generally, you are given an affiliate link or code that you will then share with customers. This code will track your customer’s purchases referred by you and track the total dollar amount of sales. Affiliates then earn a percentage of sales as independent contractor income.

What is an organic CBD direct sales opportunity?

When you become a CBD direct sales consultant, generally, you will earn income on sales of products that you keep in stock at your business location. Direct sales consultants often purchase products at wholesale prices and then sell those products directly to customers at a party or event.

Why should moms promote organic CBD?

CBD does not get people high as it does not contain the psychoactive compound THC. CBD comes from the hemp plant and has been recognized as therapeutic. According to Harvard University:

CBD is commonly used to address anxiety, and for patients who suffer through the misery of insomnia, studies suggest that CBD may help with both falling asleep and staying asleep.

CBD may offer an option for treating different types of chronic pain. A study from the European Journal of Pain showed, using an animal model, CBD applied on the skin could help lower pain and inflammation due to arthritis. Another study demonstrated the mechanism by which CBD inhibits inflammatory and neuropathic pain, two of the most difficult types of chronic pain to treat.

Here’s a roundup list of nine organic and natural CBD companies offering direct sales opportunities and affiliate programs in 2020:

Natural & organic list of CBD oil companies: direct sales & affiliate programs – 2020

CBD Affiliate Programs

CannaBliss Farmacy

About CannaBliss Farmacy

“CannaBliss Farmacy offers CBD tinctures, creams, lotion, salves, gummies, softgels, coffee, bath fizzes and bathbombs, pet tinctures and pet treats. Their CBD products are ultra-premium, broad spectrum hemp oil products offer benefits that have taken the wellness industry by storm furthermore providing relief and peace of mind.

CannaBliss Farmacy Affiliate Program

The CannaBliss Farmacy CBD Affiliate Program products represent one of the fastest growing segments in the health and nutrition industry. New records are being set every month. “We know where to look to find people who can benefit from our products, and we’ll teach you how to reach them. We succeed by helping you succeed. It’s a win-win partnership.” says CannaBliss Farmacy. They offer one of the highest payouts in the industry: 25% commissions on every product purchased by the people you refer to Cannabliss Farmacy and Revive as well as when they return. Cookies last for 60 days.”

Join the CannaBliss Farmacy Affiliate Program on ShareaSale >

Joy Organics

About Joy Organics CBD Company

“ To further our mission of creating the world’s best CBD products, we choose our partners very carefully. After extensive due-diligence, Joy and her team decided to partner with the largest grower, manufacturer and distributor of hemp-derived phytocannabinoids in the U.S. This partner makes the raw hemp compounds Joy uses in her products. Joy’s innovative and thorough product development team ensures that every single ingredient used is meticulously sourced and lab tested. Joy herself plays a large role in developing every single product and insists on collaborating with the best of the best to ensure her product formulations are the highest quality possible.

About the Joy Organics Affiliate Program

Our Affiliate Program is designed to offer you a risk-free opportunity to capitalize on the rapidly growing CBD market by offering the Joy Organics line of premium CBD products to your family, friends and followers. With a 25% commission and 60-day cookie as well as an aggressive bonus program, the Joy Organics affiliate program offers exceptional earning potential for its affiliates.

What’s an affiliate? An affiliate is similar to a Refer-a-Friend program but with unlimited earning potential. For every sale you refer to our site, you earn a commission or percentage of the sale. There is no initial investment — only opportunities. We are not a Network Marketing, Direct Sales or MLM company.”

Join the Joy Organics Affiliate Program on ShareaSale >

LAV CBD

“LAV CBD offers organically-grown full spectrum CBD products that are always 3rd party lab tested and have 0.0% THC. Our products include vapes, 100% organic tinctures, creams, chocolates from extra premium cocoa beans, hemp flower. We value the quality and offer affordable prices, so that everyone can benefit from the healing properties of the hemp plant (CBD) such as treating anxiety, pain, insomnia, and depression. We offer 15% commission for 90 days and our average check is $50. We ship to all 50 states, offer same day deliveries and pick ups.”

Join the LAV CBD Affiliate Program on ShareaSale >

CBDPure

About CBDPure Company

“CBDPure is the leading provider of CBD oil. Our products have been specifically formulated using only pure CBD extract and organic hemp oil. Our all natural and powerful formulations are exactly what discerning consumers are looking for. If you have CBD, marijuana or other related traffic, you owe it to yourself to join our program. Our products fill an untapped niche and will allow you to easily monetize your site without the hassle, and we provide direct affiliate support and customized stat-tracking.”

See also  Is CBD Oil Effective Without Thc

About CBDPure Affiliate Program

Regardless of the type of traffic you have, we can help you monetize it. When you choose to partner with CBDPure, you get:

  • Experience: We have over a decade of experience marketing natural consumer products.
  • Payouts: CBDPure has the highest payouts in the industry, at 40% commission on all retail sales, with payments made every month to affiliate partners.
  • Conversion Testing: When you succeed, we succeed, that’s why we are constantly testing our design and messaging to maximize the commissions you earn.

Join the CBDPure Affiliate Program on ShareaSale >

Hemp Daddy’s Affiliate Program

“The Hemp Daddys team is passionate about our partnerships. Our approach to affiliate marketing is very simple – we seek to create value for you and your members!

• Competitive Commissions or CPA

• Commissions starting at 15%

• Vanities for Custom Placements

• Custom Coupon Code for Your Customers

• No coupon code or loyalty sites allowed

• In-House Affiliate Management”

Join the Hemp Daddy’s Affiliate Program on ShareaSale >

Kyoto Botanicals

“We are a group of passionate, conscientious people that started this business because we could not find hemp extract/CBD products on the market that we could trust and love. We believe that ingredients matter more than anything else so our products are always made by hand with only certified organic ingredients. We grow and process our own hemp into CBD-rich distillate, and we triple lab test throughout the process to make sure we are creating the highest quality and most effective CBD products out there, bar none.

We have three topical and three ingestible CBD products. Each of them is designed to help consumers with specific needs or at specific times of day to help their bodies regain balance by working in harmony with their endocannabinoid systems to help regulate homeostasis.

Details of the Kyoto Botanicals program:

  • 20% commission rate
  • 30 day cookie duration
  • High order blue ensures significant payback for you (Average order value $165.91, average product price $97.66)
  • Experienced brand manager running program with 10 years high level branding and Digital marketing experience.
  • Flexibility to create your own coupon if you think it will drive sales.
  • Creative files coming soon!

This is a great chance to get into the hot CBD category with a brand and people that are passionate, dedicated, trustworthy, and supportive to help you find new and interesting ways to market this products and change peoples lives.”

Join the Kyoto Botanicals Affiliate Program on ShareaSale >

LEEF Organics

“At LEEF we are believers in the power of CBD not only because we have seen the positive impact firsthand, but because it speaks to our biological systems (the endocannabinoid system to be exact). Sounds like snake oil, but it’s actually a super-food with the incredible strength to adjust imbalances within the body. These imbalances have manifested themselves as ailments that we see and feel daily on the surface.

CBD has properties that combat inflammation so we believe it is something that EVERYONE should add to their daily routine – both preventatively and to treat ailments. LEEF products are some of the purest and cleanest on the market. Sun-grown and rooted in California, we believe premium products come from the soil up.

About the Affiliate Program:

1. Commission Tiers: 20% Base commission and 15% commission for Coupon/Loyalty/Cashback sites.
2. Generous 60 Day Cookie
3. Ongoing deals, specials and seasonal bundles available!
4. Beautiful, professional product imagery available for your site(s)
5. Press shout outs for use on your sites.
6. Affiliate Program is meticulously and professionally managed.”

Join the LEEF Affiliate Program on ShareaSale >

CBD Direct Sales Programs

Ritza Life

About Ritza Life CBD Oil

“We’ve meticulously worked to create non-psychoactive products that are fast-acting and extremely effective. Made using only the finest ingredients we verify our quality through testing, from seed to finished products. Our plants are chosen based on their high cannabinoid and terpene content so we can produce the purest products possible. Every product has 0% THC.”

Ritza Life Direct Sales Opportunity

“We feel that investing in You, is our best investment! Our generous commissions pay up to 30% commissions on personal sales and bonuses for hitting sales milestones. We make it easy to run your business while on the go, access your e-wallet and many other business tools – right from your phone! We’ve provided you world class products, a turn-key business system and state-of-the-art back office. We are your product supplier and fulfillment company.”

About CTFO CBD Oil

“We offer high quality CBD products and are one of the fastest growing hemp oil product companies in the industry. Fantastic product prices. 60 day money back guarantee, full spectrum products, isolate products, organic and grown grown in the U.S. Packaged in the U.S. Free of herbicides, pesticides, and heavy metals. 3rd party lab tested for quality. There are a great many companies starting to show up that are advertising cannabidiol but very few are offering the same quality as what you’ll find here. We are willing to back things up with 3rd party lab results as well as a 60 day money back guarantee. But there’s more than just Full Spectrum and isolate oils. Take a look at the huge catalog that includes things like: CBD Skin Care, sleep support, pet care and so much more.”

CTFO Direct Sales Opportunity

“Owning and operating your very own CTFO CBD business is far easier than you think. By keeping things simple we make it easier than ever to get fantastic results. We provide the vehicle and you provide the work.

  1. Click on the link to apply to join my team.
  2. You’ll soon get a call to get you started.
  3. You’ll get plugged into my team’s recruiting and sales systems. This isn’t the standard CTFO stuff. This is some serious marketing and is available to my team only.
  4. As with anything new, you might or might not have a clue what your first steps should be. We’re here to help. We’ll communicate as much as required so we can get you the needed information and get you started on the right path straight away.
  5. Stay plugged into our team system and communicate with your mentor to grow your business.”

HempWorx

About HempWorx CBD Oil

“Our oils are available in two concentrations – 500mg and 750mg of active Cannabidiol (CBD). Our oils are available in three flavors – Cinnamon, Peppermint and Natural. We do not use any artificial sweeteners or flavoring. We have both Full Spectrum Hemp Oils available that contain trace amounts of THC to help our customers achieve the “Entourage Effect”. Additionally, you can purchase a “THC FREE” version of the oils if you are subject to regular drug screening. Our oils are affordable and below the average market retail price. You can purchase these products anywhere for as little as $69 per bottle. Our oil is produced on Kentucky farms using Organic methods and is free of GMOs, synthetics, fillers, and other harmful ingredients. We are so confident in our oils that we give you a 60 day empty bottle refund policy. If you change your mind within 60 days of ordering, send it back and we’ll refund your purchase.”

HempWorx Affiliate Program

MyDailyChoice provides revolutionary online marketing systems and state-of-the-art success tools to give our Affiliates every opportunity to succeed in the business. We recognize the hard work of our Affiliates in this business and reward those efforts by paying a generous 85% of the total Business Volume (BV) through our unique Affiliate Rewards Program. When joining MyDailyChoice, there are many affordable options that give you a lot of value and a turn-key business as soon as you enroll. You have the option to select any of the MDC products with packages that range from $39 – $599 depending on your product choice. With up to 10 levels of Jump Start Bonuses and a potential payout of up to 85% of Business Volume (BV), the MyDailyChoice Jump Start Bonuses can help you generate a lot of front end income while you build up your back end residual income.”

Reliv

About Reliv CBD Oil

“Reliv is a wellness company with a clear purpose: to get our core nutrition products into every home in the world so we Nourish Our World in Body, Mind and Spirit. But we can’t do this by ourselves. We need a team to help us, and the rewards for joining Reliv are life-changing. Whether you want to enjoy optimal health as a customer, or you’re ready to be your own boss as a Reliv Independent Distributor, you’re making a great decision.”

About the Reliv Direct Sales Opportunity

“Going into business for yourself doesn’t have to cost a small fortune. In fact, it’s just $40 to get started with Reliv. Plus, it’s zero risk with our 100% buyback and money back guarantee.

  • An Online Enrollment Kit filled with business-building tools
  • Up to a 40% product discount and unlimited access to the Fit3 program
  • The top compensation plan in the industry
  • Free direct deposit right to your bank account for faster payments
  • The chance to earn cash bonuses & all-inclusive trips
  • A proven business model with online training and nationwide events
  • Cutting-edge, on-site US product development & manufacturing that we oversee
  • Professional marketing tools
  • A friendly customer service center
  • A global distribution network”

Zilis

About Zilis CBD Oil Company

“Our brand provides complete endocannabinoid system support, driving Zilis to become the fastest growing hemp-derived CBD company in the United States. This success comes directly from the positive exchanges that our Ambassadors have with everyday people. Zilis is a unique hybrid social marketing company whose only advertising comes through word-of-mouth sharing of our ULTRA products—UltraCell ® Full Spectrum CBD oil and UltraCell Topical by our nationally distributed workforce of Independent Ambassadors and retail customers. Unlike others, Zilis is not influenced by “big pharma” or Wall Street.”

Zilis Direct Sales Opportunity

“All orders generated by your personally enrolled customers pay generous retail commissions up to 100%. Customers can choose to pay the regular retail price with one-time orders or receive discounted pricing by becoming a Preferred Customer and receiving an average of 50% savings off the retail price. All it takes to become a Preferred Customer is to have at least one commissionable product on Autoship. Zilis products are consumable, so Autoship offers a convenient way for customers to ensure they always have on hand the Zilis products they need.”

Heart & Body Naturals

About Heart & Body Naturals CBD Oil

“ We source and purchase pristine, nutritionally rich organic and GMO-free ingredients directly from farmers, without the interference of middle agents. This results in the best price for you, our customer, and a fair profit for the farmers who lovingly grow and harvest their crops. Heart & Body Naturals’ commitment to sustainability means we strive to provide the most economic and eco-friendly products possible. We look at all aspects of sustainability from renewable materials to minimizing waste and weight for lower transportation costs.”

CBD BioCare

About CBD BioCare Oils

“Matthew and Stacey Pitts are dedicated to sharing the benefits of Cannabidiol, CBD. Through much research and through personal experiences, both are convinced that this natural extract can help people in so many aspects of their lives from skincare to health and well being. Although there is still research that needs to be conducted, there is enough data globally to support the benefits of CBD. So their mission is twofold. First, the mission of CBD BioCare is to spread the benefits of CBD so people know this amazing extract is legal and available. Secondly, to spread the word they need people who share their passion and that is why they have created a direct sales affiliate program to help people become self employed by introducing others to CBD.”

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CBD BioCare Company Direct Sales Opportunity

“At CBD BioCare our mission is simple, multiply ourselves to spread the message about the medicinal powers of hemp. As a sales representative with our company you will be joining that mission field and profiting from your efforts. Now, more than ever before people are looking for natural alternatives to traditional medicine and medicinal hemp is offering people amazing success with no harmful side effects. If you are looking to be part of this amazing journey, the time is now.”

Ride the Wave of CBD Business Opportunities: 20 Ideas + Tips to Get Started

Who would have thought that one tiny, plant-derived chemical could become one of the most sought-after ingredients in 2020? Cannabidiol, or CBD as it’s known in its bite-sized form, has earned a reputation as one of the most versatile ingredients from the cannabis plant. A little drop of heaven, some might call it — particularly when administered in its tincture form — CBD made its debut on the scene in 2018.

During that year, the U.S. Food and Drug Administration approved the first CBD drug for epilepsy — Epidiolex . That same year, the global cannabidiol market was valued at USD $4.6 billion . This is according to Grandview Research, which estimates that the market will swell by a compound annual growth rate of 22.2% between 2019 and 2025 .

As technology evolves and manufacturers discover more ways to produce, market, and develop different types of CBD products, for example, various concentration and administration options, the consumer demographic is expanding.

This growing market is also inspiring business owners to capitalize on what has become a mainstream money magnet.

Several Industries Are Embracing CBD

An ingredient as diverse as CBD simply could not be confined to one specific sector. This cannabinoid has proliferated throughout the mainstream, with many dominant industries jumping on board. Focusing on a particular segment of the CBD market is recommended when starting out; harness the power of one of the following avenues before you capitalize on others.

1. Fashion and apparel.

It won’t be long before fashionistas are strutting their stuff down the catwalk in attire that’s oozing with CBD. Many clothing retailers are already updating their lines with branded CBD goods, such as T-shirts, hats, and bags featuring CBD-related quotes. Others are infusing clothes to provide localized relief from aches, pains, and general discomfort.

2. Food and beverage.

A survey by The National Restaurant Association found that 3 in 4 chefs named CBD and cannabis-infused foods as one of the hottest trends in 2019. While the 2018 Farm Bill paved the way for CBD food and drinks, the Food and Drug Administration (FDA) is still offering mixed signals. Regardless, big names like Ben and Jerry’s and Coca-Cola are eyeing the market. Smaller brands in states where marijuana is legal may have the upper hand, at least until the FDA changes its stance.

CBD Business Ideas and Opportunities

Entering the realm of CBD is sure to make your mind wander. Why wouldn’t it? This miraculous chemical comes from a green plant and could potentially lead you into the labyrinth of just-as-green paper. Here are CBD business ideas that are worth trying:

  1. Become a CBD distributor.
  2. Form CBD cooperatives.
  3. Run a CBD podcast.
  4. CBD marketer.
  5. CBD blogger and reviewer.
  6. Make and sell CBD bottles and containers.
  7. Start a CBD subscription box service.
  8. Start a CBD courier business.
  9. CBD-infused food and snacks.
  10. Open a CBD restaurant.
  11. CBD-Infused beverages.
  12. CBD cosmetics.
  13. Sell CBD supplements and medication.
  14. CBD spa.
  15. CBD bath lotions and soaps.
  16. CBD tinctures and topicals.
  17. CBD-infused clothing.
  18. CBD-infused pet food.
  19. CBD topicals for pets.
  20. CBD-infused pet vets and blankets.

General CBD Business Opportunities

As today’s modern world embraces the cannabis plant and its trusty sidekick CBD, opportunity abounds for budding “cannapreneurs.” With so many uses for this cannabinoid, it comes as no surprise that the CBD business opportunities are equally as abundant.

1. Become a distributor.

If you’re capable of turning inventory over quickly by selling directly to retail stores, why not become a CBD distributor ? Another option is to launch a distributor wholesale company . Wholesale or distributor markup prices are usually set at around 20%-40%, and a license is required with this method of profiting from CBD. Mastering the art of becoming a CBD distributor requires you to communicate with manufacturers to arrange the all-important distribution deals.

Cost: Consider your distributor strategy, logistics, and networking. Distributor start-up costs around $50-$100, and many companies offer an immediate discount on products.

2. Form CBD cooperatives.

Many first-time CBD sellers form a CBD cooperative as a way of saving on taxation, raising capital through investors, minimizing outgoing costs, with the goal of maintaining a long-standing existence in the industry. Any 10 adults can volunteer to establish an association that nurtures self-help and mutual aid for the CBD industry. This is a perfect opportunity to integrate moral values into your CBD cooperative business, which should be registered with the Registrar of Co-operatives.

Cost: Franchisees should have at least $100,000 of liquid capital to kickstart their CBD cooperative venture. It’s also critical to discuss how dividends will be shared.

3. Run a CBD podcast.

Attracting leads become second nature when you share your opinion and the opinions of others with a CBD podcast. This is your opportunity to step out and become an authority in this attractive field. Ultimately, it can boost your credibility and influence over other sellers in the CBD niche. CBD podcasts offer a fantastic way to promote products and services, earn money through sponsorships, attract crowdfunding opportunities, and build your bank balance with affiliate marketing, virtual summits, and books/audiobooks.

Cost: Expect to fork out around $60-$70 for a high-quality microphone, $0-$12 per month for podcast services like Buzzsprout and as little as $10 for artwork on a bidding site like Fiverr.

4. CBD marketer.

If you enjoy learning new things and want to diversify your income earned through CBD products, dabble in CBD marketing. Some popular examples of ways to market products that contain CBD include affiliate marketing, content marketing , internet marketing, and social media marketing. When attracting an interested audience with marketing, popular methods of earning include advertising/sponsorship, conferences and events, donations, exclusive content offerings, and subscriptions.

Cost: Everything that you need for CBD marketing, including a website and blog setup, advertising, public relations, and promotions, should cost no more than 2%-5% of your sales revenue.

5. CBD blogger and reviewer.

An ecommerce company can increase its chances of selling a product if it provides its website visitors with unbiased reviews. Statistics show that 92% of B2B buyers are more likely to purchase something after reading a trusted review. Blogging and reviewing are powerful ways of strengthening SEO, boosting online visibility, and amplifying conversions.

Cost: Free on WordPress or $10-$60 a month with your own hosting and other features. Computer software and hardware should cost $200-$2,600 in one-time purchases.

6. Make and sell CBD bottles and containers.

Packaging is important. After all, the U.S. Food and Drug Administration recently warned companies for making unsubstantiated statements about CBD. Since as many as 5 million bottles can be produced within 24 hours at a well-equipped production facility, this CBD business opportunity is a smart way of boosting profit and reducing overhead. Typically, product suppliers purchase products for $1-$2 per bottle. However, you could charge more, depending on the product information featured on the bottle or its design.

Cost: The low cost of making CBD bottles and containers enables a solid return on investment. Online sources show that the average cost or making a 500ml bottle is 2 cents, whereas a one-liter bottle is around 2.5 cents. Glass may cost slightly more but will also sell for slightly more.

7. Start a CBD subscription box service.

Many CBD sellers opt for subscription services as a way of pulling in recurring revenue. Since you’re in charge of pricing the CBD subscription boxes, you can forecast your monthly revenue based on who subscribes. With a predictable monthly income, managing cash flow and retaining customers will be a breeze. Moreover, as you look at returning customers, you can learn how to assess customer retention; the larger your subscriber base, the more attractive you will be to investors.

Cost: The contents of your CBD subscription box will determine how much it costs to produce. However, since most of these types of products sell for $10-$40 per month, the contents should be affordable enough to turn over a profit.

8. Start a CBD courier business.

Looking for a great way to enjoy freedom and get out onto the open road while making money? If you answered “yes” to this question, you’re guaranteed to enjoy the flexible hours, social aspect, and opportunity to see new things when you get involved in the CBD courier business. Keep in mind that the taxes you pay depend on whether your CBD courier business is a a sole proprietorship, partnership or limited liability company.

Cost: The highest investment for this type of business will be if you launch a self-employed courier service; factor in the cost of a van for this. Alternatively, you could get paid a monthly wage if you become one of the drivers working for an already established company. A GPS unit should also be factored into the equation. Moreover, if you become a motorcycle messenger, you need to factor in the cost of a motorcycle license.

Food & Beverage CBD Business Opportunities

Eating and drinking are two of life’s greatest pleasures. Mother Nature took note of this when she unleashed CBD upon the world. A cannabinoid crammed with potential, CBD serves a platter of business opportunities for folks in the food and beverage sector, from morsels of CBD-enriched gummies to spreads of CBD cakes, sauces and condiments. High Beauty is a prime example of a CBD companies that have made a name for themselves in this segment of the industry.

It’s important to know that licenses and lab results for products containing CBD are required to demonstrate compliance with all applicable laws. Follow the current FDA stance on products containing CBD. Understand the laws and pay attention to changes that may impact your business.

9. CBD-infused food and snacks.

When ingested, CBD’s therapeutic effects are released slowly and steadily. Once an infused edible travels down the esophagus, it’s digested by acids and enzymes before the primary cannabinoids — in this case, CBD — are absorbed through the stomach lining. Creating CBD edibles requires an initial extraction of the cannabinoid in oil form. This oil is then infused into a carrier oil before being whipped up into a digestible delight.

Cost of production depends on how many milligrams of CBD your edible goods contain. If you invest in an extraction device, creating in bulk will be worth the effort and provide a healthy return on investment.

Cost: While this way of making money from CBD may be more costly — food licenses cost around $700-$4000 — the return can far outweigh the outgoing costs. Some other costs to consider include opening a bank account ($50), state business registration fees (approximately $100), and product liability Insurance ($500-$1,000/annually).

When venturing into the ever-evolving sector of CBD edibles, ask yourself whether you want to label and package the products yourself. Creating them will require effort on your part, but so will the labels and packaging. Let’s not forget about the cost of running a website ($0-1,000), business cards ($50), kitchen tools and equipment ($1,000-$10,000+), and sales sheets ($10-$20).

10. Open a CBD restaurant.

If you’d rather see the satisfaction on your customers’ faces when they sink their teeth into an infused edible — as opposed to them consuming CBD edibles at home after they buy from your online or brick-and-mortar store — why not launch a CBD-focused restaurant?

Of course, for this option you have to set aside time and money to secure a space inside which your guests can peruse CBD-infused dishes and enjoy them socially. However, since you can organize events inside a restaurant, regularly update the menu and introduce deals for special occasions or guests, there are plenty of opportunities to earn an indulgent revenue.

Cost: A recent survey conducted by RestaurantOwner.com showed that the average median cost of a restaurant is around $375,000. However, low-scale restaurants will set you back a lot less, around: $175,500.

11. CBD-infused beverages.

Entice your target market to rise and shine with a CBD-infused morning coffee or reel them in with an infused mojito at the end of a busy day. Because of CBD’s supposed anti-inflammatory effects, CBD-infused drinks are also an appealing choice for post-workout recovery. However, since cannabinoids are insoluble in water, CBD-infused snacks must be produced using an emulsifier to enhance bioavailability.

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Cost: Consider the same costs associated with CBD-infused food and snacks for this one. However, the cost of equipment may be different. CBD-infused beverages can be made from home if your production capacity is small. This will cost you just your usual kitchen equipment and time. If production capacity is high, invest around $10,000-$20,000 in equipment.

Health & Beauty CBD Business Opportunities

Everything that happens inside is reflected on the outside, which is why health and beauty go hand-in-hand. CBD may work as the missing puzzle piece in many people’s self-care regimens. The statistics show just that, with U.S. sales of CBD topical and skincare products racking up an estimated $1 billion in 2019 .

12. CBD cosmetics.

With its supposed anti-inflammatory and analgesic properties, CBD is believed by some to be the perfect aid for relieving pain, soreness, redness, dryness, and skin conditions like eczema and psoriasis. You could partner with a store that places impulse-buy products, such as CBD cosmetics, near the checkout counter. Alternatively, give samples away on the street and provide the buyer with a business card so they can recommend and follow your website or social media page.

Cost: Typically, USA hemp-derived CBD costs $30 per gram, $25 for 2-9 grams, $9 per gram for one kilogram, $8 per gram for 10-99 kilograms. Aside from the cost of buying CBD in bulk, you should consider the cost of mixing your CBD products with carrier oils and solutions to make cosmetics.

13. Sell CBD supplements and medication.

Some CBD proponents have explored the therapeutic benefits of CBD, which they believe provide analgesic , anxiolytic, and pain-relieving properties. However, it should be noted that the FDA doesn’t regulate the safety and purity of CBD products sold as dietary supplements.Uncertainty also remains regarding dosage and risk interactions with other drugs.

Cost: A few things should be included in your budget when you sell CBD supplements and medication online, such as the long-term storage fees, referral fees, selling plan, and advertising. However, the cost of selling this kind of product online usually requires an online store, basic configuration, and training, which works out at around $5,000. An online store provider like BigCommerce, however, could be a lot less costly.

14. CBD spa.

Whatever the circumstances, the appeal that a CBD spa provides is sure to keep enticing customers. For example, when given in a luxurious setting, a CBD massage is believed by some to minimize post-workout soreness, muscle discomfort, and tiredness; ease joint inflammation and arthritis pain; ease back, shoulder, and neck pain; and decrease inflammation caused by strain or injury. You may even want to cater some of your CBD spa products to athletes, like Beam TLC has done.

Cost: Start-up costs for a luxury spa could far exceed $100,000. Nonetheless, the return on your investment could be much more. Profit can’t be calculated accurately unless you account for the start-up capital that must be earned in order to fund things such as advertising, equipment, necessary licenses, supplies, permits, insurance, and training. If the large investment doesn’t appeal to you, seek out a U.S. Small Business Administration loan, an investor or a personal loan.

15. CBD bath lotions and soaps.

Some people claim that receptors in the skin are reactive to the effects of CBD, which can be infused into topically applied solutions like CBD bath lotions and soaps. Best of all, they can be developed to include a specific dosage of CBD per product, for example, 20 mg per bar. Combine the infusion of terpene-rich CBD extracts with other dermatologically enhancing ingredients, like goat milk, and your products are sure to satisfy.

Cost: A number of things should be added to your list of outgoings when selling CBD bath lotions and soaps, such as the referral fees, selling plan, fulfillment fees, long-term storage fees, and advertising. Store costs, in the range of $40 per month up to $100s or $1,000s monthly, depend on the provider. Brick-and-mortar stores may cost as much as $50,000 inclusive of storefront rental costs, electricity, insurance policies, salaries, and workers’ compensation.

16. CBD tinctures and topicals.

As a cannabinoid that may possess anti-inflammatory effects, it’s not surprising that CBD tinctures and topicals are quickly replacing conventional skincare products and treatments. Since tinctures boast uses that could potentially extend beyond their topical convenience, you could even market these products for a broader audience. CBD For Life has experimented with topical solutions; the company’s product selection features an array of wellness products, hand sanitizers, and self-care goods, such as face, body, and hair products.

Cost: You can make a tincture with alcohol, concentrated herbs, and a container. Alternatively, you could make them using advanced equipment which will, clearly, cost you more.

Fashion & Apparel CBD Business Opportunities

CBD on the catwalk? So it seems, what with acclaimed brands starting to introduce the non-psychotropic cannabinoid into their range of fashion and apparel. The jury may still be out for this method of getting dosed up on CBD, but it’s a trend that harnesses some serious selling power.

17. CBD-infused clothing.

Since CBD can penetrate layers of skin to provide localized relief, individuals who don CBD-infused garments can seamlessly dose. Many product manufacturer infuse droplets of CBD concealed in a protective polymer coating. Some people believe these CBD-infused fabrics are able to focus on major muscle groups and when worn, create friction as the wearer moves. You can sell these products at a brick-and-mortar or online ecommerce store .

Cost: Hiring a designer will set you back around $50 per hour. You also need to think about how you want to advertise the goods and who you wish to model them for your portfolio.

Pet CBD Business Opportunities

A few years ago, people would have thought you were barking mad if you gave your pet something that was derived from a plant once thought to be a gateway drug. Times have changed, and some CBD proponents now claim that pets can actually harness the same benefits from CBD that people can. Enter pet CBD business opportunities, which, based on stats published by cannabis research firm Brightfield Group , will be worth $1.7 billion by 2025 .

18. CBD-infused pet food and treats.

Data published in the Journal of the American Veterinary Medical Association has revealed that 20% — one in five — dogs signify that they are experiencing some kind of pain. This information is useful if you intend on developing new products for pets, including dog treats, capsules, and various other ingestibles.

Cost: Since you may pay anywhere between $0.04 and $3 per mg of CBD, the cost of launching an edibles company depends on where you source the CBD and your production capacity. You also need to set aside money for marketing and a platform for sales transactions.

19. CBD topicals for pets.

Let’s face it — our pets always want the same thing as their owners. In that sense, this category of CBD products can be targeted toward everyday people who have four-legged pet friends. CBD topicals for pets can be vegan products that are 100% plant-based. Since the cannabinoid triggers a normal anti-inflammatory response and dogs also have an endocannabinoid system , some people believe these products hold promise for treating animals with physiological and neurological conditions.

Cost: Consumers pay between $0.05 to $0.10 per mg and $0.20 to $0.30 per mg for quality pet CBD oils. You can charge a 50% markup on the product you develop using extraction equipment ($1,000-$100,000) and flowers ($150-$350 per pound.)

20. CBD-infused pet vests and blankets.

Similar to CBD-infused fashion products, CBD-infused blankets can be manufactured with micro-encapsulated beads that gradually release CBD’s effects through friction. In order to make CBD bioavailable in this way, it must be coated in a microencapsulated package.

Cost: The advanced technology required to make CBD-infused pet vests and blankets could be on the steep end of costs. Typically, a specialist machine for binding the material with CBD costs around $3,000-$40,000. You also need to fund labor costs and sourcing the CBD.

Tips for Ensuring Your CBD Business Is Successful

The market for CBD business is saturated, but this doesn’t mean you can’t succeed. Gaining a competitive streak over your rivals is all about differentiating, understanding the legalities, and, most of all, letting your customers know why you are the best choice.

1. Source a product that you are confident in.

Delving into the world of CBD is easy for anyone who is well-versed in the aforementioned areas. Spend time finding a supplier who develops its products using USA-grown hemp. Certificates of analysis are essential to ensure the product has been approved for lab testing.

After the 2018 Farm Bill removed CBD from the federal Controlled Substances Act , the FDA started providing oversight for the industry. This means that everything you sell should pass lab testing to avoid your business facing legal action.

2. Be transparent about your CBD products.

Make an effort to inform consumers about the type and quality of CBD being used when you sell products that fall into this category. While some products are extracted using alcohol, others are made using CO₂.

Something you really must confirm is whether the goods were produced in an area where the soil has been tested. Examples of some other ways in which you should guarantee transparency for your audience is the product label, which should feature the amount of CBD contained in the product.

Furthermore, it’s crucial that you highlight whether or not the product was made using CBD isolates or whole plant extracts. Lastly, does your product contain under 0.03% THC? This is the minimum standard, so be transparent about it.

3. Establish your brand.

As a fairly saturated industry, despite still being in its nascency, the CBD market is brimming with opportunities for sellers to shine. Standing out will depend on the credibility of your brand and the tactics you implement to achieve differentiation.

Aside from focusing on the marketing methods you execute to lure in your target market, you should also invest effort in the results of your customer retention strategies . Remember to spotlight ways to boost your reputation, such as creating captivating content, educating your audience, promoting awareness with influencers and establishing brand authority.

4. Stay in touch with laws and regulations.

Licenses and lab results for products containing CBD are required to demonstrate compliance with all applicable laws. This is true not only for manufacturers of CBD products , but also for resellers of these products. You should have this documentation readily available. Additionally, you will need to ensure that the products are legal in any jurisdiction in which the products will be offered or sold.

Stay up to date with the FDAs stance on products containing CBD. Make sure you understand the laws and be aware especially of those that have an impact on your specific niche.

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Conclusion

Whether you’re new to the world of CBD business opportunities or have already gained experience in this area, there’s no doubt that the demographic is swelling by the day. Spend your time researching the laws and regulations in the states where you intend to sell CBD products prior to exploring one of the above business ideas.

This material does not constitute legal, professional or financial advice and BigCommerce disclaims any liability with respect to this material. Please consult your attorney or professional advisor on specific legal, professional or financial matters.

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