Are you looking to deliver the best CBD products?
From drinks to oils, cannabidiol (CBD) is a popular ingredient in many products. Unlike tetrahydrocannabinol (THC), this does not have a psychoactive effect on consumers. With a sales projection of $11 billion, CBD can make a profitable business.
If you run a CBD company, you must buy them in bulk. You can get the products at the best price, costing you less. Moreover, buying wholesale CBD guarantees quality and safety.
Do you want tips on buying wholesale CBD? Read on to learn more.
Types of Products Offered
Hemp was once illegal in the US because it originates from the same plant species as marijuana. However, the 2018 Farm Bill legalized industrial hemp farming only if it contains THC of less than 0.3%. As a CBD business owner, you must be responsible for the products you offer to consumers.
Cannabidiol and marijuana belong to the same plant species, and their common ground is THC. Consummation with high content creates a psychoactive effect on the person.
With this, ensure that CBD products contain at most 0.3% THC. Anything above the limit is illegal. Buy CBD products from wholesalers with third-party lab reports to find out the exact THC content found in CBD.
Another thing to check is the presence of pesticides. Regardless of type, all CBD products must come from hemp grown on organic farms. Avoid buying wholesale CBD planted and vegetated with pesticides.
They contain harmful chemicals that can cause acute to chronic illnesses.
Consumers can experience rashes, nausea, and diarrhea. One can also fall victim to cancer, reproductive harm, and more. Before you buy wholesale, consider the benefits and drawbacks you can face.
When purchasing wholesale CBD, ensure the hemp grows on an organic farm. It prevents the development of illnesses in consumers.
A hemp plant absorbs any contaminants through phytoremediation. Its roots dig deep into the soil and suck up present nutrients or chemicals. The plant removes the polluting elements and stores them in any part of its body.
If the plant absorbs the pesticide, consumers can take in those chemicals. However, pests live and destroy the plantation if there are no chemicals applied. To resolve this, organic farmers use effective farming practices.
One of the methods used is companion planting. Some plants, like basil, peppermint, and garlic, can ward off pests. Having any of these plants can prevent pest infestations.
Source and Extraction
Knowing the source and extraction method is crucial in buying wholesale CBD. Purchasing without knowing anything puts your business and its stakeholders at risk.
Ensure the supplier or wholesaler you work with is reliable and reputable. Check if they grew their products with organic farming techniques and are solvent-free. Ask for third-party lab testing reports to confirm product quality and potency.
There are different extraction methods used on a hemp plant. These are CO2 extraction and ethanol extraction. Regardless of the method used, both offer benefits and drawbacks.
CO2 extraction uses pressure and temperature. There are no solvents or chemicals involved in this process, making it the industry standard.
On the other end, ethanol extraction uses strong solvents and chemicals. It often leaves harmful residues on the product. To identify the method used, ask for a third-party lab testing report.
When buying bulk CBD, check the concentration. This is crucial as your market’s needs can differ.
For instance, consumers can look for a higher CBD concentration to relieve chronic pain. On the other hand, someone may need only a small dosage to improve health. As in other factors, the wholesaler must provide third-party lab reports for transparency.
Although legal, the FDA does not regulate CBD use. You and consumers must be cautious about dosage intake. Depending on symptoms and conditions, the concentration differs.
To determine the appropriate CBD dosage, consult a doctor. Ensure they are knowledgeable about product administration. Doing so prevents the development of side effects.
Pricing and Selection
Whether in physical or online stores, having a competitive price entices consumers to buy products. Look for a wholesaler who can give you fair pricing. Many companies offer a wide range of CBD products, but only a few offer wholesale prices.
Buying bulk from these wholesalers can cost you thousands. Instead of generating profits, you can incur losses. Assess what the wholesaler offers and ensure it meets your market’s needs.
A successful company offers a wide range of products at different competitive prices. As a starting business, you can reduce the number of high-priced items. Ensure you give your consumers many options.
From edibles to oils, stock your store with different products. Determine the items most consumers buy and the least marketable. Doing so gives you an idea of the number of orders to make.
Despite the high demand, the CBD industry is new and growing. There are several legal concerns surrounding its regulation. Depending on the state, some allow the sale of CBD as a food supplement, while others see it as a controlled substance.
Moreover, there are limits to the branding and marketing of CBD products. As a business, you must know how these restrictions affect your operations. If you plan on putting up a CBD business in different states, you may encounter legal problems.
Consider the tax implications of running a CBD company or buying wholesale. Remember, some states do not regulate these products, making them free from tax. However, this can change considering its growing demand.
If the FDA approves its complete regulation, the government can levy it. Further, you must pay import taxes for shipping products. For a business, these are extra expenses.
Tips on Buying Wholesale CBD
CBD offers many benefits to its consumers. One can consume it to relieve pain or treat a skin condition. When buying wholesale CBD, you must ensure its quality and safety to deliver the best products to your customers.
Working with a wholesaler can reduce business costs because they offer fair prices. Moreover, they guarantee product quality, provide professional advice, and ship fast. For more valuable information, check out our other blog posts!
Iskra Banović is our seasoned Editor-in-Chief at BlueFashion. She has been steering the website’s content and editorial direction since 2018. With a rich background in fashion design, Iskra’s expertise spans across fashion, interior design, beauty, lifestyle, travel, and culture.