Starting a business is tough. In fact, it’s incredibly tough and certainly not for the faint-hearted. From having your initial idea to setting up shop, there’s a lot to consider. Before even setting up, you need to make sure you have the financial capabilities to do so. First things first, you need to know what a good financial plan need. Planning your finances will give you an idea of your overhead costs, income, outgoings, and all that jazz. Plus, it’ll also show investors what you’re serious about your business and have taken the time to plan it out. Of course, before all of this though, you need a solid idea. Perhaps you want to cash in on the latest gold rush (or Green Rush) but don’t have any ideas? Not to worry! By looking into marketing agencies similar to marijuana seo might be a solution to your money-making idea. We all want to make money fast, but doing it in the right way, with the help of professionals will more than likely produce a better outcome. Plus, there’s nothing wrong in asking for some help to increase your brand. It’s also important to remember that not all customers will be physical customers too, so you may want to create an online platform for your business as well so that you can reach a larger audience. Of course, if you did that, you’d have to install some payment software like that on https://fastspring.com/solutions/selling-software-online/ so that consumers can pay for your products securely online but it’s a great opportunity to have two channels which provide an income. We have brainstormed 3 fun money making marijuana business ideas for you. Now that the hard part is done, you just need to secure some start-up cash or find some investors. After that, you can open your marijuana business, and as long as you can find some 420-friendly merchant solutions, you can begin to profit from your business!
1. Munchies Snack Shop
There are currently 6 recreational marijuana shops in Seattle and not one of them sells any kind of food to snack on (that we are aware of). As you know, food and weed go hand in hand. They complete each other. Imagine a beach without a body of water. We didn’t think so.
So what you do is open up a snack shop next door to a pot shop and name it Munchies! Or Muncheez. Or Munchee-chee. You sell cookie dough ice cream, containers of Nutella, Doritos, Fritos, Twinkies, Oreos, Cheez Whiz, Rice Krispie Treats, every kind of chocolate bar imaginable, pop tarts, slurpees, and top ramen. You even have some healthy options for the new wave and breed of of health conscience stoners. Start with one snack shop next to a pot shop and then create a chain. Imagine 27 Munchies next to 27 Seattle recreational marijuana shops.
If you don’t have the capitol to open up a brick and mortar Munchies, then buy a truck, gut it out, and make a snack truck out of it. Pay the owner of the marijuana store a small fee to park the van next to the pot shop and presto! You now have a snack shop where your target audience is. As this industry is doing quite well (where the use of marijuana is legal), it is understandable that many people want to start a dispensary business. It is not impossible, but many aspects have to be considered before you can get your business up and running. From knowing the regulations of this industry, to building capital (to get enough money), to even using technology such as marijuana software to help make the process of running your business a lot easier, doing your research into this can make all the difference is succeeding or failing in such a competitive business.
And if you don’t have the capitol for a snack truck, then buy one of those mini vending machines, fill it with snacks, and slap the name Munchies on it. Make a deal with the weed store by giving them a percentage of the sales so you can place the vending machine inside the shop, or just outside the front entrance.
2. The Marijuana Museum & Tourist Authority
Downtown Seattle, around Pike’s Place Market, where all of the tourists flock. They know that marijuana is legal in Seattle, they saw the news back home, they heard the stories, but they don’t see a damn thing. It’s because the closest marijuana shop is in another neighborhood miles away!
All you have to do is lease a space as close to Pike’s Place as possible, and open up the nations first Marijuana Museum & Tourist Authority. If you’re not allowed to use the name marijuana as part of a business name, then name it: The Hemp Museum & Tourist Authority or The Joint Museum & Tourist Authority. You get the idea.
Not only do you highlight local marijuana history in the interactive and informative museum, but you also include national and international cannabis history. And as history is made, you update the museum.
In addition, create a screening room and play the wonderfully engaging ‘Evergreen: The Road to Legalization’ documentary. Build a booth where tourists can purchase tickets, hop on a bus, and visit a couple cannabis retail shops and growers. And don’t forget a small shop where tourists can buy gifts and t-shirts as they exit the shop.
3. Marijuana Bed and Breakfast
The Seattle area gets around 18 million visitors per year and I’m willing to bet that a percentage of them, wouldn’t mind partaking in some fine Washington State grown cannabis. The problem is, there aren’t many places for a tourist to light up and all of the existing hotels are too corporate for their own good. So what do you do? You buy a house and open up a marijuana bed & breakfast and provide a place where tourists can rent a room, hang out on the patio or in their room, and have a toke!
So there you have it! 3 Fun Money Making Marijuana Business Ideas to get you started!