A cannabis connoisseur might tell you there’s much more to a joint than simply wrapping it in newspaper. And they could be right! There are numerous ways to consume and benefit from weed apart from just buying it recreationally. One option is to grow your own cannabis plants and harvest the buds and leaves to make herbal tea. Another way is to make cannabis oil which can be used to cook with or absorbed through the skin for medicinal purposes.
If you’ve ever tried recreational marijuana, then you know it can be quite the powerful drug. With that said, you may be wondering if there are ways to make money selling pure, pharmaceutical-grade CBD oil online. Fortunately, the answer is yes. You can purchase a pack of bills and get paid to walk about and hand out leaflets. You can become a cannabis courier for a major pharmaceutical company. Or, you can start your own CBD oil company and begin selling your products online.
The Downsides of Recreational Weediness
While it is completely legal to purchase recreational marijuana in Alaska, California, Colorado, and Washington state, it remains illegal under federal law. That means you can’t work in cannabis-related capacities if you live in one of those states. If that doesn’t bother you, then you can probably get away with purchasing and using cannabis every day. However, if you want to keep your job prospects alive, then you should probably avoid working in cannabis-related capacities if you live in one of those states.
Another downside of recreational weediness is the health risks. Aside from the fact that weed is a drug and can cause you to become intoxicated, it also has serious health consequences. If you’re among the many who’ve experienced heart failure, then you know that the marijuana plant can have extremely adverse effects on your heart. In fact, weed use is among the top five causes of heart failure in developed nations.
A Legal Cannabis Future
When you think about the future of cannabis, what comes to mind? Possibly, a time when it will be legal and commonplace to consume and produce the drug. To some, that future might already be here. The United Kingdom has entirely legalised cannabis for medical purposes. And several other countries, such as Singapore and Australia, have relaxed their laws to allow for doctor-prescribed marijuana. If these markets share a resemblance to the untamed cannabis of yore, then it’s likely that many more countries will follow suit.
Forbes recently published an article about the legalisation of cannabis in which they predicted the worldwide market size for legal cannabis to hit €113 billion by the end of 2025.
The cannabis industry has seen an explosion in popularity, and this trend appears to be here to stay. One of the chief driving factors behind this trend is the increasing number of people who are turning to the plant for medical purposes. The science is beginning to catch up with the therapeutic benefits of cannabis. As a result, more and more people are recognizing the importance of investing in cannabis-related capacities, such as real estate and commercial CBD oil production.
With all the benefits that come with a legal cannabis future, it’s perhaps no surprise that so many people are looking to make money from it. Fortunately, within each state, you remain free to develop whatever business you please. So long as you operate within the law, you’re good to go.
The question is, how can you make the most of legalized cannabis? Especially if you want to turn a profit? One of the best things you can do for yourself and your future business is to get informed. The more you know, the better. Here are some of the best ways to make money from the cannabis industry.
Cannabis Courier Job
This is a job that requires a bit of legwork and isn’t for everyone. However, if you have a physical presence and are fairly mobile, then you might be able to pull off this job. Essentially, you will be delivering marijuana and cannabis products to customers. The amount you are paid per delivery will depend on your state of residence, but you can expect to make anywhere from $25,000 to over $100,000 per year (plus expenses).
The great thing about this job is that you don’t necessarily need a driving licence to do it. What’s more, because you’re not transporting any alcoholic beverages, you don’t need to be licensed to operate a motor vehicle. Make sure you know your local laws regarding cannabis before you begin working. Also, make sure you’re comfortable with the amount of THC you’ll be carrying after you’ve been consuming marijuana.
Start A Cannabis Company
If you’re looking to make the most of legalized cannabis, then one of the best things you can do for yourself is to start your own business. There are numerous benefits to doing this. First, you will have the opportunity to create jobs. Second, you can grow your own cannabis plants and have complete control over the production process. Third, you can sell your products directly to customers, such as online stores that allow for person-to-person transactions. Finally, as a new business owner, you can take advantage of numerous government programs that can help you get your feet wet and establish your company.
Although starting a cannabis company is a good option, you should consider whether or not you want to start up in a highly populated area. If so, then you may want to consider opening up a different location for your business. Doing this can be quite the challenge, but with careful planning and an understanding of the laws, it’s possible. In fact, it’s something many successful companies have done.
Venture capitalists, government programs, and small business loans are just some of the things new businesses can tap into for financial backing. As a result, many people are able to start up their own Cannabis Company and begin selling their products online. In most cases, you’ll need to register your business and pay property taxes, just like any other business.
Sell CBD Oil
Another great way to make money from the cannabis industry is to sell commercial CBD oil. Like medical marijuana, CBD oil is frequently prescribed for various ailments, such as pain, anxiety, and depression. Because it doesn’t get you high, many people are turning to CBD oil to help them relax and unwind. Also, many wellness professionals are now considering CBD oil a crucial part of their treatment regimen.
If you want to get paid for carrying and delivering cannabis and cannabis-related products, then you can start an online store that sells a variety of CBD oil products. What’s great about this option is you don’t necessarily need to have a physical presence to carry out your job. You can do most of the shopping from the comfort of your home. Also, because it’s such a widely-accepted product amongst so many sectors of society, you may have no trouble finding customers.
Invest In Real Estate
An investment in real estate goes hand-in-hand with starting a business. As mentioned, one of the best things you can do for yourself is to create jobs and financial stability. In terms of the former, there are numerous real estate investment opportunities that can be found in the form of buy-to-let properties, multi-unit developments, short term let properties, and so on. All of these offer the opportunity to make an honest living, and many of them offer tax advantages and business benefits.
As for financial stability, you may want to consider putting your money into a property that you can rent out to generate an income. There are many benefits to doing this, not least of which is the fact that you can live in one place whilst generating an income in another. On that note, you may want to look into the many business opportunities that come with living in a semi-detached or terraced house.
If you want to make the most of legalized cannabis, then you may want to consider getting some formal training. This could be anything from a short vocational course to a full blown degree program. Many universities now offer courses in business administration, marketing, and law that focus on the cannabis industry. Also, because so much interest and investment is flowing into the sector, hundreds of new jobs will be posted every month. If you’re looking for a steady job, then getting training will set you apart from the competition.
The legal cannabis industry is a bustling market that’s here to stay. As a result, if you’re looking to make the most of this new business opportunity, then be sure to get informed about how to succeed in this niche.