5 Marijuana Business Opportunities and Ideas

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Gone are the days when having a marijuana “business” meant skirting around the law. Today, cannabis is legal in many states across the country, and this is expected to expand even further over the next few years. 

If you’re looking for legitimate marijuana business opportunities, you’re in the right place! Here are 5 profitable ways you can get involved with cannabis businesses this year.

1. Cannabis Breeder

Cannabis breeders focus on developing high-quality seeds. This includes creating seeds that are strong and resilient and will give the highest possible yield. Many cultivators are also integral in creating new strains of marijuana.

2. Marijuana Testing

No, we’re not talking about smoking weed all day. When we refer to marijuana testing, we’re actually talking about the work that’s done at a cannabis testing lab. This service is critical for ensuring that cannabis is safe for people to consume and for analyzing the characteristics of each plant.

Cannabis testing includes determining the product’s terpene and cannabinoid make-up and testing to see if it has any residual solvents, pesticides, and heavy metals.

3. Dispensary Owner

Opening a dispensary is a great cannabis business opportunity for anybody who wants to be right out in the forefront and enjoys dealing with both suppliers and end-users.

Don’t make the mistake of thinking this is all fun and games, though. You will have to deal with a lot of rules and regulations, and you need a strong business mind, a vast network, and plenty of money. You will also want to consider the challenges that come with operating a business that’s still illegal under federal law.

4. Accessory Sales

Another fun business connected with the cannabis industry is accessory sales. Whether you run an online store or a brick-and-mortar “head shop,” you can make a great living selling pipes, bongs, grinders, weed grinder, and more.

It is important to note that even though you won’t be dealing with marijuana directly, there might be state laws that could leave you open to being charged with paraphernalia-related crimes. Make sure you are well aware of all the weed laws before you get started.

5. Event Planning

Wondering how to start a weed business without the legal hassles? Why not use your event planning skills to work with members of the cannabis industry. From trade shows and business launches to festivals and parties, there are plenty of opportunities for a great cannabis event planner to make a name for themselves!  

Get Started With Marijuana Business Opportunities Today

These are just a few of the many marijuana business opportunities available now. If you’re ready for a career change, it’s time to do some research and figure out how to start a marijuana business you’ll really enjoy!

While you’re at it, make sure you scroll through more of our blog posts! We’ve got a ton of information to help you create a thriving start-up business in the cannabis industry or countless other industries!

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