Are you thinking of starting a small business in the marijuana industry? Now is the right time. With marijuana quickly becoming legal throughout the country, this field is growing rapidly and new opportunities are around every corner.
Whether you are interested in a scientific, social or creative approach, there is a place for you in the cannabis industry. And it doesn’t have to cost you a ton of money. If you are wondering how to start a marijuana business for under $1000, you found the right place.
Here are 10 great ways to start a small marijuana-related business without spending a lot of cash.
Much marijuana production is done by large companies, but there are plenty of consumers who prefer a product grown in a more personal setting.
Marijuana production is a good choice for anyone interested in growing and cultivating plants because you can start out as small or as large as you like. If you have the time and space, you can have a marijuana farm, but you can also begin your adventure with just a few plants.
Growing marijuana may be more difficult than you realize, so it’s important to educate yourself if you haven’t done this before. You will need to understand the conditions necessary for plants to thrive and how to care for your plants as they grow.
Producing marijuana does require a license, so you will need to know the application process in your state.
If you are good at working with marijuana but don’t want the hassle of gardening, processing might be the right area for you.
Extracting trichomes and preparing the plant for consumption are skills that will soon be in high demand. If you know how to roll a joint or to get marijuana ready for smoking, you could start a profitable business.
In most states, you will need to be licensed to handle marijuana, so find out what the requirements are where you live.
Do you know how to safely transport marijuana from one place to another, keeping it at the right temperature to ensure its quality is not compromised?
Put this knowledge to work for you and start a delivery service. Contract with local farms or dispensaries and become an expert on the best places to buy particular strains.
When you know what is offered in your area, you can promote yourself as a personal shopper.
Selling Marijuana Edibles
Many people dislike the idea of smoking marijuana and would prefer to eat the plant in baked goods or consume it as tea.
If you enjoy baking and want to get creative in the kitchen, this could be a fun business opportunity for you. Start with just a few items and then grow your business as your popularity grows. After some time, you may be successful enough to have your own store.
Not every marijuana enthusiast actually consumes the plant. Some people like to purchase the plant as part of a beauty product, topical cream or massage oil. They find that it helps with pain, relaxation and provides relief from anxiety.
Do you enjoy creating your own soaps, lotions or oils? If you have some experience in this area, consider adding cannabis to your list of ingredients.
Cannabis Accessories Store
If you’d like to become part of the industry without having to be licensed, consider selling accessories for marijuana use.
If you have the skills, you can make your own bongs, pipes and other items. Put fun, marijuana positive messages on t-shirts, dog collars and anything else you can make or buy. There is no end to the list of products you can offer for your marijuana business.
If you don’t know how to make accessories yourself, you can start a resale store where you sell items you have found. Look online, visit shops and talk to people who may have items for sale. Buy these cheap, clean them up and then advertise them.
You can create your store online with no overhead, or you can rent space at community events.
Marijuana Party Planning
Marijuana parties are a growing trend throughout the country, and many people are including cannabis in celebrations like weddings, reunions and birthday parties.
You can get involved in this part of the industry by selling your expertise as a party planner or event coordinator. Alternatively, you could plan and throw
your own cannabis parties where guests can buy tickets to enjoy an evening of fun. Plan matchmaking parties for singles, host brunches or hire a band for a concert. You can also combine a cannabis party with an event like painting, yoga or another artistic or athletic endeavor.
If you know how to handle flowers, you should look into this growing trend that is also an excellent small business opportunity.
Traditional florists and people with an eye for arranging beautiful bouquets have begun adding cannabis to their creations. A cannabis floral display is a perfect gift for someone special and can be a wonderful addition to weddings and other celebrations.
Many florists have grown their marijuana business just by offering cannabis in their flower selections. People are paying top-dollar for beautiful marijuana displays.
Social Media Marketing
Every industry needs marketing professionals, and social media is a big part of modern business.
If you know how to handle yourself on social media, offer your services to help promote local cannabis businesses.
Speak to the owners of small businesses that produce or sell marijuana-based products and let them know how you can use social media to call attention to their businesses and bring in new customers. You can also educate potential clients on the positive aspects of marijuana use and on harmful myths they may believe.
Do you have special, specific expertise when it comes to cannabis?
Use that to your advantage by helping small business owners understand their products, clients, and processes.
Many people want to get into the marijuana industry, but these people often don’t know much about the business or the plant itself. They will pay you for your knowledge of various strains, processing techniques or gardening procedures.
If you know a lot about marijuana, there are people who want to talk to you and are willing to pay for the opportunity. For example, we provide SEO consultations and services that help you grow your marijuana business.
The cannabis industry is exploding right now, so this is the time to start that small business you’ve been considering. Research the licensing requirements in your state, and you could be on your way to a new career and a lucrative future.