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CBD Business Ideas You Should Consider

If you’re a fan of CBD with entrepreneurial aspirations, then chances are you’ve thought about starting a CBD business. But you also know that there are countless types of CBD products. That can make it difficult to narrow your focus as an aspiring business owner. Here are a few CBD business ideas you should consider as you strive to find your niche in this exciting industry.

CBD Business Ideas You Should Consider

Oils and Edibles 

Oils and edibles are the quintessential CBD products, and for good reason. They’re the first things most users reach for when they’re looking for CBD. That means you’ll already have a vast market, but it also means you’ll face a lot of competition. If you go this route, you’ll have to find a way to make your products stand out. Consider:

  • Offering different flavors.

  • Marketing your oils depending on need (i.e., sleep, focus, etc.)

  • Offering CBD and hemp oils.

  • Offering a wider variety of candy options beyond gummies.

Additionally, marketing will be your best friend when it comes to selling oils. Along with clever packaging, try to find ways to help people discover your product, such as getting involved with bloggers who review CBD products.

Photo by Elsa Olofsson on Unsplash

Pet Products

If you want to find a more niche market within the industry, you can create products specifically for pets. There isn’t much of a difference between oils made for pets and people. And you can incorporate specialty CBD-infused dog treats or toys into your line. These products are perfect to market to customers with pets that suffer separation anxiety.

CBD Cosmetics

CBD offers a host of benefits for skin care and hair, including reducing inflammation, moisturizing skin, evening skin tone, and soothing sensitive skin. That makes a line of cosmetics the perfect CBD business idea to consider. A few items you can contemplate include: 

  • Balms

  • Lotions

  • Hair pomade

  • Bath bombs

  • Sleep masks

  • Lip balm

However, creating CBD cosmetics proves somewhat more complicated than creating tinctures. Most cosmetics are made with CBD isolate instead of oils, which adds another step to your extraction process. But it’s well worth the effort.

Photo by BATCH by Wisconsin Hemp Scientific on Unsplash

Photo by BATCH by Wisconsin Hemp Scientific on Unsplash

Product Reviewer

If you want to get involved with CBD without creating the products yourself, you can always try reviewing products instead. You’ll need to create a review blog, a YouTube channel, or both. Then, you’ll have to craft well-written, entertaining product reviews. But with hard work and determination, you can cultivate a following and begin partnerships with companies.

Photo by Pot Head Coffee on Unsplash

Photo by Pot Head Coffee on Unsplash