How To Start A CBD Oil Company
The most lucrative thing in the cannabis industry is making your own CBD oil. Even if you have a regular business to run, it pays to get into this sector because there is such an incredible amount of money to be made and lost. Also, the government will not allow you to do anything that is regulated, so you can sell this as a legal product and make a ton of money.
One of the main reasons that people want to make their own oil is because they have found that the benefits outweigh the risks. The drug companies are obviously not selling you the true benefits, but rather, they are trying to get your money with the fake promises of instant weight loss. They are also spreading lies about how your body will become sluggish when you stop taking the pills, which is far from the truth.
There are no limitations on how much you can sell or how fast you can get your money, which means you can make huge profits every day. There are many great ways to get started. Most of them are very simple and you can do them from the comfort of your home.
The first thing you need to do is to visit online forums. These will help you to find out what other people are saying about all kinds of products, including CBD oils. This is the quickest way to find out about anything, so if you want to sell CBD oil, forums are the best place to start. You will also be able to get insider information from people who have already made thousands of dollars.
If you want to make money this way, you may also want to join affiliate programs. There are many companies that will pay you to promote their products. Some of these are more legitimate than others, so it’s important to check out the one you like the best. You’ll also want to make sure that you follow all the guidelines that the company puts out so that you do not get in trouble.
To learn more about how to get started with affiliate programs, you can read up on it. Basically, you get paid to promote other people’s products. You’ll need to pay for every sale you make, which is why it’s important to do your research before signing up. There are lots of different ways to do this, including signing up at paid advertising websites. However, these tend to be expensive and usually not worth it unless you have a lot of spare time. The next thing you need to do is to create a plan on how you are going to get your money. Many people, including myself, don’t do this, so we waste a lot of time and money. Create a process on how you are going to get your money from every step of the way. For example, you need to track where you made your money and what was the total cost. From there, you can start to see where the money is coming from and what needs to be done to bring in more money.
If you want to make even more money with it, you should definitely check out MLM companies. These allow you to use your MLM network to promote other companies’ products. You will need to invest in a lot of money, but this is very lucrative if you make lots of sales. However, you do need to make sure that you have a legitimate product to promote, so you need to take time to research every company you choose.
Another thing you can do to make a successful list is to find out where the top list leaders are located. This will give you an idea of where to go for more information. If you are fortunate enough to be on the top of this list, then you will be in a position to make a ton of money if you join more affiliate programs.
Build your own website and brand
If you can get a website built, find merchant processing and design your own labels and get them printed (all this isn’t that hard) you can build your own brand and take 100% of the profits.
Websites: You can use easy companies like Wix, Shopify which are super easy to build fast or you can get one designed for about $500-1000 on wordpress and host separately so you control then entire website.
Square Space is a merchant processor and website all in on for CBD companies.
Finding a CBD Oil Manufacture and NOT wholesaler
DO NOT work with brokers or wholesalers. make sure you are working directly with a manufacturing company. Here are some items you need to ask to make sure they are a real manufacturing company and that they manufacturer all products in house. It’s important to make sure they manufacturer everything in hosue as they have full control on timelines and turnaround times for delivery. last thing you want is a manufacturing company to be waiting on another for your products.
- Ask if the are FDA registered and get their registration number
- Ask if they are registered with their State for Hemp processing and manufacturing
- Are the Department of Agriculture food approved facility
- Are the Insured and specifically for CBD products (CBD Product Liability) and ask for their policy.
- Are the registered as a business within their city
- Ask for a video skype tour of their facility on your first call with them, there should be no reason they can’t quickly show you that ( we do all the time)
- Can you do a personal tour as well.
So what about us at Silver Shadow with these questions?
- Yes: FDA Registration No. 12433096964
- Yes: Utah Industrial Hemp Processor License No. 2019-3-1277
- Yes: Department of Agriculture and Food No.137755
- Click Here for Our CBD Manufacturing Policy
- Sandy City Business License No. 152749
- Anytime just ask for an in house sales rep
- Schedule a tour with your rep
Learn what products to choose from to start your CBD Brand