With cannabis legalization becoming increasingly widespread in the United States and around the world, it’s an ideal time to get involved in the cannabis industry. However, it can be challenging to figure out where to get started and what the best practices are for building your brand. Fortunately, there is a wide range of resources available to aspiring business owners or those who are new to the industry. Packaging is one thing that’s often neglected in the process, but it’s essential to invest in quality packaging if you want your business to succeed. Keep reading to find out about the best ways to package cannabis products.
What are the best ways to package cannabis products?
You won’t be able to judge your packaging needs until you know what type of products you’ll be selling. If you’re not sure where to start, you can get some inspiration by looking at some of the most popular products from other brands. THC cartridge sales are up, and vaping has become one of the most popular ways to consume cannabis, so you may want to consider some kind of oil or concentrate. In general, products that are easy to use, accessible, and beginner-friendly should be your priority. Pre-roll joints, infused topical products, and edibles are all great ideas.
If you decide to sell pre-rolls, you’ll need pre roll labels. When looking for labels, containers, and other packaging products, you may want to consider opting for eco-friendly alternatives. It’s easy to find high-quality plant-based alternatives that are better for the planet and can still meet all of your company’s packaging needs. A lot of packaging companies can handle label design as well as provide the containers for your products, which can be a great way to save time and money.
Believe it or not, research suggests consumers are four to six times more likely to buy products from companies they believe are purpose-driven or share their values. Using sustainable, eco-friendly packaging is a clear way to demonstrate your commitment to the environment. You can be a good corporate citizen while making a change that could expand the awareness of your brand. You should also direct consumers to consult their doctors before purchasing any of your cannabis products.
What else should you know about the cannabis industry?
How easy it will be to start your business will depend on what type of cannabis products you choose to sell. You can opt to work with marijuana, but it will be more difficult than selling products that are legal on a federal level. CBD, otherwise known as cannabidiol, is one of the many cannabinoids found in the cannabis plant, and since it can be derived from hemp, it can be sold legally in the United States as long as products don’t contain more than 0.3 percent THC. Given how quickly the CBD industry is growing, now is the perfect time to get involved.
There are a number of studies underway aimed at identifying potential medical uses for CBD, though many are still in the early stages. Still, progress has been made in recent years. The FDA approved the first prescription drug containing cannabidiol as an active ingredient in 2018. Epidiolex was granted approval to treat seizures associated with two rare forms of epilepsy, Dravet syndrome, and Lennox-Gastaut syndrome. In 2020, it was also given approval for a new indication, making the drug available to tuberous sclerosis complex patients.
There’s a lot to learn about cannabis, but it’s worth taking the time to educate yourself if your goal is to own successful cannabis business. Packaging is more important than many business owners realize, and finding the right solutions will be central to your success. You should consider sustainable alternatives to fossil-fuel plastics, which can benefit your business as much as they benefit the planet. Though opening a dispensary can be profitable, there’s also plenty of profit to be made in the CBD business. Which sector you go into depends entirely on your business plan.