Advice for the Beginner: How to Start a Cannabis Business in 2019

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First of all, congratulations are in order since you are considering joining one of the fastest growing industries, not to mention profitable. The market figures are definitely in your favor. Of course, such an appealing venture is gaining in popularity continuously, so you should better read these tips carefully in order to stand out from a plethora of other cannabis entrepreneurs.

Choose the sector

Fortunately, the cannabis industry is offering you so many amazing opportunities that it is quite hard to choose from. Of course, on the one hand, it depends on your preferences and inclinations, but on the other, you should take some cold hard business facts into consideration.

For instance, cannabis production seems to be at the very bottom when it comes to how profitable a business is. However, fear not. That does not mean that cannabis manufacturing is a lost cause. Quite the contrary, if you deliver a high-quality product and invest some time and money into good marketing, you will be able to create a recognizable brand. It just takes some time.

As for the other options, they are numerous. You can choose to engage in retail business, productinon of cannabidiol in particular (the market value is expected to grow by 700%(!)), or maybe bud and breakfast business (cannabis friendly hotels). In addition, you could be providing services to cannabis companies, such as web design, public relations, or business consulting. If you’re skilled at crafting, you may design and make original wood pipes or vaporizers. Manufacturing and selling cannabis branded merchandise is always an option since you needn’t worry about rules and laws because you’ll be selling t-shirts and

Read more at: https://www.occnewspaper.com/advice-for-the-beginner-how-to-start-a-cannabis-business-in-2019/

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