If you love buying your delta 8 THC products and you’ve considered starting a business so that you can sell the products yourself, just know that while CBD and THC products sell like hotcakes, that doesn’t mean you should just jump right into it without learning a little about the business first. Just like any other business, there are pros and cons to selling delta 8 THC products, so the only way to know for sure if the business is right for you is to learn those pros and cons so you can make the right decision. The first question you’ll likely have is, “Is it legal?” So let’s start with that question first.
Is Delta 8 THC Legal?
Simply put, if THC and cannabis are legal in your state, then so is delta 8. If they are illegal in your state, then selling those products in your state will be illegal as well. It varies from state to state, so the first thing you should do is check your state laws to see if you can sell it in your area. If it’s legal where you are, you can move onto the next step. For example, leading Delta 8 brand Area 52 recently removed a few states from their shipping list in order to comply with state laws. Also, remember that CBD products are legal in all 50 states because CBD does not have the same psychoactive effects that THC does. Because of this, you might want to consider selling CBD products instead of THC so you don’t get into trouble with the law.
You should also keep in mind that there are two types of THC: delta 8 and delta 9. Both will get you “high” and have dozens of health benefits, but delta 8 products are half as potent as delta 9 products. In fact, this is one of the reasons delta 8 THC products are in such high demand right now. People love that they can relieve pain, help people fall asleep faster, and even relieve depression and mood swings without getting them too loopy or high. If you go into this business, you’ll hear this a lot from customers, and it’ll certainly be one of your biggest selling points.
Some Advantages of a Delta 8 THC Business
Selling delta 8 THC products means finding the right product to supply you with high-quality products, and this isn’t nearly as difficult as it sounds. Not all companies that sell this product offer people the opportunity to buy from them wholesale and resell the items, but many of them do. If you’re looking for some of the best reasons to consider selling delta 8 THC products, consider that these products:
- Are in extremely high demand. Not only is THC great for reducing pain and lots of other problem areas, but it is great for chemo patients who have lost their appetite and suffer with nausea due to the chemo. It is truly a multipurpose product that benefits a lot of different people.
- Have a very high markup. Indeed, most wholesale prices are extremely low, and while it isn’t recommended that you jack up the prices too much, you can certainly make a good income by selling THC products.
- Will attract people who want more than a CBD product. Since THC products get you higher than CBD products, and the same is true for delta 9 versus delta 8 products, a good delta 8 THC product will never run low on customers.
Finally, selling delta 8 THC products is expected to be legal in all 50 states very soon. Delta 8 THC products are usually tested by a third-party lab – and this should be considered a “must” when looking for the right wholesaler – and are therefore safe to sell to other people, which means you can sell them with confidence. After all, the last thing you want to do is sell people a product that isn’t good for them, which is yet another reason to research wholesalers until you find one you feel comfortable with.
What to Look for in a Wholesale Distributor
Wholesale companies are all over the place, but you want to find the right one before you sign on the dotted line. As mentioned earlier, make sure the company uses a third-party independent lab to test all of their products for purity and potency, so your customers know exactly what they’re getting. Second, make sure they have a customer service department and complete contact information in case you ever run into a problem or concern. If you’re going to sell THC products to others, you have to look at the products like the customers would if they were buying directly from the company. Think of it from their point of view, and make sure the company is legitimate and makes high-quality products.
You should also work with a company that offers several different products unless you only want to sell one product and nothing else. Delta 8 THC companies usually offer their products in gummy form, vape cartridge form, and tincture form. If you’re going to carry the tinctures, make sure you have all types of doses so that beginners can choose a low dosage and build up from there. Most companies sell their tinctures in various strengths, usually from 500 mg to 3,000 mg, which helps accommodate everyone’s needs. You should always have a varied supply of dosages to accommodate all of your customers.
Starting a delta 8 THC business can be fun and very lucrative, but you need to take your time and research the various wholesale companies to find the one that’s right for you. Think of it as a job interview, and feel free to ask them any questions you like. After all, it’s going to be a working relationship between you and them, and you need to know a lot about them before you proceed. While the amount of money you make will vary depending on what you sell and what wholesaler you use, just know that selling delta 8 THC products is simple and can earn you lots of money. That being said, always take it seriously and work it like a real business and not a hobby because this is the only way you will succeed at it.