Approximately 3.7 percent of adults in the U.S. currently vape or use an electronic cigarette on a regular basis. That works out to more than nine million people.
Are you interested in giving it a try?
Whether you’re a current smoker who’s hoping to quit or you just want to do what the cool kids are doing, the world of vaping can be a bit intimidating.
There are a lot of different types of vapes out there and it can be hard to figure out which one is right for you.
Read on for some tips that will help you find the perfect vape. You’ll also learn more about the benefits of vaping and tips beginners should keep in mind when they start to vape.
Benefits of Vaping
There are a lot of reasons why you might want to take up vaping. Some of the greatest benefits of vaping include:
- More affordable: Vaping is much more cost-effective than smoking cigarettes; vapes tend to cost more upfront, but they last a lot longer than cigarettes.
- More fun: Vape oils come in dozens of different flavors; it’s a lot more fun to vape, and you don’t have to deal with icky smoker’s breath.
- Manage nicotine intake: When you vape, you can manage your nicotine intake better; if you’re trying to quit smoking, this can help you slowly taper off and increase your risk of succeeding.
- Nicotine-free options: You also don’t have to vape with a product that contains nicotine; there are nicotine-free vape oils, essential oils, and even vape oils that contain cannabinoids like CBD (cannabidiol).
Clearly, there are a lot of reasons why you might want to take up vaping. Vaping is for everyone, even those who don’t smoke and have never smoked.
Vaping is an especially good modality for consuming CBD since it allows the CBD to get into the bloodstream via the lungs and take effect faster.
How to Find the Perfect Vape
Okay, you’re convinced that you might want to give vaping a try. How do you find the right vape, though?
Here are some guidelines that will help you sort through your options and choose a good product:
First, it’s important to understand the basic structure of a vaporizer. Most vapes are comprised of the following elements:
- Vape tank: This is the portion of the device that holds the wick, the heating coil, and the vape liquid.
- Vape coil: This is a piece of wire that is wound in a coil shape; it absorbs the vape liquid and then vaporizes the liquid when it’s heated.
- Battery: This powers the device.
- Vape mod: This houses the battery.
There’s also the vape liquid to take into account. This liquid is often a mixture of vegetable glycerine, flavoring, propylene glycol, and nicotine (in some cases).
Even vaporizers that are meant for consuming other products, such as cannabis or cannabis concentrates, are still comprised of these basic elements.
Types of Vaporizers
Almost all vaporizers contain the elements listed above. There are a few different types of vaporizers, though, including the following:
- Herbal vaporizers: Herbal vaporizers are meant for vaporizing the cannabis plant.
- Concentrate vaporizers: These vaporizers are meant for vaporizing concentrated products — cannabis concentrates, concentrated vape liquids, etc.
- Multi-use vaporizers: These vaporizers are versatile, as their name suggests, and can be used for vaporizing various products.
You can also buy single-use vaporizers. These vaporizers come with a small cartridge of vape liquid and are meant to be used once before they’re thrown away.
Stationary vs. Portable Vaporizers
When you’re choosing a vaporizer for yourself, you also need to think about where you’re going to be vaping. Do you want to vape exclusively in your home, or do you want to be able to vape on the go?
If you want to vape at home, you can invest in a stationary vaporizer. These vaporizers are larger and more powerful, but they’re obviously not very easy to transfer from one area to another.
If you want to be able to vape anytime and anywhere, a portable vaporizer, such as a vape pen, is a better option. These vaporizers are small and easier to use, although they don’t have as much as power as a stationary vaporizer.
Of course, price matters, too. You can buy vapes that fit just about any budget.
There are vape kits that cost as little as $25-50, or you can spend several hundred dollars for a top-of-the-line model.
Plenty of low-cost vapes work perfectly well, especially for those who just want to vape casually.
If you plan to vape a lot, though, it may be worth it for you to invest a little more money initially.
Tips for First-Time Vapers
As you can see, there are a lot of different options out there if you want to start vaping. Once you’ve chosen the right vape for you, you’re also going to need help making sure you’re using it properly.
Here are some tips the help first-time vapers feel more comfortable:
- Invest in a high-quality vape liquid, vape concentrate, or other vape product — this will make the experience much more enjoyable
- Make sure your vape is charged all the way
- Start slowly with just a small drag
- Avoid sucking in too hard — this will cause you to breathe in liquid instead of just vapor
- Clean your vape on a regular basis to ensure it continues to function properly
Vaping with a friend can also be a good experience, especially your first time. They’ll be able to guide you through the process and ensure you’re doing it correctly.
Learn More About Vaping
Now that you know more about vaping and how to find the perfect vape for your needs, it’s time for the fun part — shopping!
Keep these tips and guidelines in mind and you’ll have no trouble finding a great vape that works perfectly for you.
Do you want to learn more about vaping? Do you want to learn the ins and outs of different vaping tools?
If so, check out some of the other articles on our site. Start by reading this article on mech mods today.
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Did you know that in 2016 there were 35 million people vaping?
It’s no wonder that we are seeing more people walking around with vape pens.
Vaping can be confusing for someone that is new to the hobby, but it doesn’t have to be.
Keep reading to learn more about mech mods. What they are and how they relate to vaping.
Vexed About Vaping? We’ll Explain Mech Mods Right Here
Mechanical mods or mech mods for short are a device that gives pure battery power to an atomizer. Mech mods are the simplest of all vape mods to understand. Vape pens have increased in popularity in recent years because they are odorless and discreet.
How do Mech Mods Work?
The casing of the mod houses a battery positioned to connect with the positive and negative caps of the mod. When the button on the mod is pushed the bottom cap makes contact with the battery and allows current to flow to the coil.
Mech mods don’t have advanced technical aspects or circuit boards. They are simply a simple circuit powered by a battery source.
For Vape Newbies or Advanced Vapers?
This all depends on your preference.
If you’re looking for a simple grab and go without doing much adjusting then mech mods aren’t for you. Later on in this post, we will discuss regulated mods which might be a better option in this scenario. If you want to be able to go beyond the power of the models that you find at a local vape store then mech mods are for you.
If it’s your first time vaping you can start with a simple, cheap pen to give you an idea of what the vaping experience is.
Mech mods are more technical in the sense that you can take time out to customize your vaping experience by changing the coils or other parts of the pen. If you’re ready and willing to learn more advanced vapes then mech mods are the answer for you.
Some people worry if mech mods are safe or not. Like all other electronics when they’re used correctly the answer is yes they are safe. The only thing in the mech mod that can really go bad is the battery.
The batteries can become defective and when they do it can cause a misfire, overheating, over discharge, or can even cause the battery to burst. You can prevent battery problems as long as you use the right batteries. You also want to choose batteries that are not prone to combustion.
Another way to prevent battery issues is to not overcharge the batteries of discharge them. Keep your mech mod charged at all times but don’t leave it plugged into the charger all night.
Mech mods are unregulated so it’s smart to take safety measure during use and during non-use.
Unregulated vs Regulated
Mech mods are unregulated which means they don’t have a microchip inside of it.
Not having a microchip means that the voltage or wattage can’t be changed with the press of a button. You are able to change the batteries on unregulated box mods to better quality batteries if you choose.
Mech mods or unregulated mods don’t waste any battery power on digital displays. You can set up an unregulated mod to give a huge cloud of smoke if that’s what you’re into. You can check out some tips on the best cloud chaser mods if big puffs of clouds are your thing.
Regulated vape mods have built-in microchips for the user to control the power level with the touch of a button.
With a regulated vape pen, you are able to change the voltage and the wattage to the best settings for your preference. The higher the wattage you set on the pen the hotter the coil inside gets, in turn, increasing the smoke the user gets from each pull.
Regulated vape mods have a digital display for you to keep track of the exact voltage and wattage you set your vaping experience for.
Mech Mod Knockoffs and Clones
It’s important to understand the difference between knockoffs, and clones when it comes to safety. Mech mods are the most cloned vape pen out there because they are so simple to make.
Mech mod knockoffs are made to replicate the look of an authentic mod. This is deceiving to the person purchasing it because they think they’re buying the real thing. A knockoff can’t be trusted because it can be made by a scammer who used the cheapest batteries and equipment to put the mod together to make some quick cash.
A mech mod clone is a third-party hired to make the exact duplication of a specific mech mod.
The third-party, in this case, builds mech mods that replicate the original piece that they were given. These are not a safety concern because when they are hired to make the replicas they have the appropriate equipment and tools to build a safe mech mod replica.
You want to make sure you buy your mech mod from a reliable and reputable source. Before buying it you can inspect it to see the type of battery used and as soon as you buy it to make sure you have what you picked out.
Vape like a Pro
With the mech mods guide above you can make an informed decision about the best option for you. Vaping is here to stay and it will also continue to grow.
If you’re curious about what you can vape other than nicotine or cannabis check out our post with 9 other things you can safely vape.
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Maybe you’re looking to open a dispensary in your state. Maybe you’re a budding entrepreneur in other ways.
But either way, if you plan on opening a brick-and-mortar business, you need to take advantage of visual merchandising.
Luckily for you, we’ve compiled a few essential tips to help you craft a store window your customers will love. Keep reading to find out how to get started on your window and how to make a display that stands out from the crowd.
Making Your Window Display
Before you learn the basics of a good window display, you should first learn the basics of how to make a window display.
Here’s where to get started.
Assemble Your Tool Box
Before you stare at your merchandise for ideas or brainstorm how to stage a Broadway musical in your store window, you’re going to need a few tools.
Your tools will include:
- Tape measure
- Glue gun and hot glue sticks
- Two-sided tape
- Screwdriver and screws
- Hammer and nails
- Utility knife
- Pen, pencil, and a notepad
- Any non-merchandise items to use as props
This is hardly a comprehensive list–this is just the basics you’ll need to get started. You can invest in more specific supplies once you know what you actually need in your retail window display.
Start with a Story
Once you’ve got your tools in hand, grab the pen, pencil, and notepad to draft the fun part: coming up with a story.
Ideally, window merchandising should always begin with a story. If you have no idea where to begin with a story, or what story to tell, it’s a good idea to choose a theme.
The right theme, that is.
For example, instead of thinking “Halloween” or “creepy”, think “Sleepy Hollow” or “Dracula”. Instead of “Christmas”, think “Nutcracker”.
From there, you can develop a story frozen at a specific point. That will be what goes into your store window display.
Establish a Focal Point
Once you have a story, you don’t want to break out the tinsel yet.
Before you design a window, you need to establish a clear focal point. Without it, even the best-made display will lack something critical to bring it all together.
Start by standing on the street in front of your window. Give it a good look.
This will tell you the natural center of the window, where your customers’ eyes tend to fall, and how you can arrange a display to maximum effect. Don’t be shy about using masking tape to mark placement.
From there, you’ll have a much easier time figuring out the focal point, which is where you want your customers to concentrate their focus. Think of it as the locus on which the story is centered–the main action will occur at the focal point.
Tips for Visual Merchandising that Sells
Once you have the essentials down, you can move on to more in-depth tips to make killer visual merchandising.
Here are a few tips to help you develop your window beyond the basics.
Tell a Story
We’ve said it before and we’ll say it again: it all comes back to telling a story.
Go back to your theme. If you started out with a simplistic theme, a la, “Valentine’s Day”, now is the time to expand that theme outward into something more interesting.
For example, instead of Valentine’s Day, you could try crafting a window around a mischevious love story or how to mend a broken heart. Stories that show your customers ways to make their lives better, even implicitly, are often a good idea in visual merchandising.
Know Your Target Customer
Of course, part and parcel of your story is knowing who your target customer is.
If you’re opening a dispensary in a young, hip area, it won’t do you much good to make a window that would attract older hippies.
Let’s say, hypothetically, that you’re a clothing store for well-off women in their 30s. And let’s say that you have a display window featuring three dresses and a couple’s photograph paired with each.
For your target audience, this is an excellent display. For most adults, love and connection is the ultimate goal. Pairing dresses with images of couples in love allow you to associate the two things together to sell dresses.
Now, let’s say you’re a dispensary catering to young, hip marijuana aficionados. How do you translate that psychology into a story in your window?
Think of the goals of your target audience–maybe they want to have a good time, live a more adventurous life, or make more connections with friends. Images depicting such things, paired with your products, are a good way to make this principle work for you.
Think of it like a budtender making recommendations between two types of marijuana strains. The right recommendation for the right person will have them coming back over and over again. The wrong one will leave them irritated and disappointed.
Think in Visual Planes
It’s not all about stories though. Remember, you’re dealing with three-dimensional space, and you have work with visual planes to structure your retail window display in a manner that works to capture the attention of passersby.
For example, you need to orient everything in your window based on the customer’s eye level. But that won’t be immediately obvious from inside the display, as displays are usually raised above street level.
Instead, stand outside on the street and use tape to mark the customer’s eye level. Concentrate key pieces of your display around where the tape is–that way, you’ll have a much easier time attracting your customer’s attention.
Be Surprising and Original
The average person sees around 5,000 ads in a single day. If you want any would-be customers to buy from you, you have to do something to stand out from the masses.
Hint: creativity and originality are good places to start.
Maybe your clients want to discover more about how to clean their bongs. A creative way to market to them is to design a window that shows how to clean a bong in a way that’s cheeky or funny. It’s unorthodox, sure, but it’s memorable.
Sell a Lifestyle, Not a Product
You know you’re selling CBD oil. Your customer knows you’re selling CBD oil. But that’s not what you’re selling in your window displays.
If you sell a product, customers will just keep walking. Remember, people try to sell to them every minute of every day. They’re not interested.
But, most people are interested in transcending their current reality or identity. They want to be themselves…just a slightly better version than the one that currently exists.
You can use that in your favor by selling your would-be customers a lifestyle, rather than a product.
To do this, think about the ideal lifestyle that your customers want. What are they dreaming of? What are they striving for? Name it and use it in your window display to help your customers actualize it (or, at least, try to actualize it by purchasing your products).
Keep It Clean
We’ve all heard by now that clutter causes stress. That’s true of our houses and that’s true of your window displays.
People don’t like clutter in visual merchandising because they don’t know where they’re supposed to look. You don’t have much time to grab their attention, and if you make them work too hard for it, they’ll move on to the next thing.
With that in mind, always strive to use the right quantity in your window displays. A single canister of CBD won’t attract attention, but an array of them in the shape of a tree in December might.
Keep It Fresh
Finally, you want to make sure that you keep your window displays fresh.
That’s not the same thing as keeping them clean–we mean that you need to update your window displays as often as you can on a consistent basis in order to keep your customers interested.
This doesn’t have to be a weekly effort, nor does it have to break the bank.
An easy way to do this is printing a dozen large photographs of your store or products and rotating between two or three of them every few weeks. You may update your displays more often based on new product offerings, but this gives you a baseline to fall back on.
(High) Quality Information to Help You Succeed
Need more high-quality information to help your cannabis business thrive after visual merchandising got customers through the door? Need more tips on how to get high legally?
No worries. We’ve got your back.
We offer all kinds of helpful articles so that you can enjoy life (and marijuana) the fun (and legal) way. Click here to check out some of our most popular legal highs.
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Did you know that marijuana dispensaries were serving an average of 100 customers per day in 2017? Have you been considering the idea of getting into the cannabis space while it’s fairly new and not crowded?
Cannabis is a legitimate business and it will continue to grow.
Find out how to start a dispensary of your own and get selling in Nevada.
Nirvana in Nevada: Here’s How to Start a Dispensary in Nevada
Medical marijuana dispensaries were authorized by Nevada governor Sandoval in June 2013. On November 8th, 2016 recreational marijuana became legal. Estimated sales of recreational cannabis are expected to be $280,000,000 by the year 2021.
The competition for licenses is going to be high which means getting educated on how to start a dispensary early is a good idea to stay ahead of the competition.
Current Dispensaries Operating in Nevada
The Nevada State Health Division is the monitoring agency for Nevada’s cannabis program. There are limited registration certificates allows per county according to the counties’ population.
Here is a list of population guidelines:
- 700,000 + people (including Clark County) – 40 dispensaries allowed
- 100,000 to less than 700,000 people (including Washoe County) – 10 dispensaries allowed
- 55,000 to less than 100,000 people – 2 dispensaries allowed
- 0 to less than 55,000 people – 1 dispensary allowed
Another regulation Nevada has in place is that there can’t be more than one dispensary per every 10 pharmacies in a county. If there are less than ten pharmacies in a county one dispensary is still allowed.
Counties with less than 100,000 residents more than 25% of available dispensaries in any one location aren’t allowed. In counties that have 100 to 700 thousand people, they only allow one medical cannabis establishment registration certificate per person or the 10 available registration certificates that are allowed.
Let’s Talk Finances
Dispensaries are a legitimate business that comes along with some upfront spending to have everything ready to go before opening your doors.
Here is a list of the current registration fees to obtain a cannabis business license:
- Medical Cannabis Dispensary – $30,000
- Medical Cannabis Cultivation Facility – $3,000
- Cannabis Product Manufacturer – $3,000
- Testing Lab – $5,000
Here is a list of the current renewal fees:
- Medical Cannabis Dispensary – $5,000
- Medical Cannabis Cultivation Facility – $1,000
- Cannabis Product Manufacturer – $1,000
- Testing Lab – $3,000
The state of Nevada has a 2% excise tax on wholesale and retail sale of both cannabis products and cannabis. This applies to both recreational and medical consumers.
Obtaining a License
The state Department of Taxation is responsible for licensing and regulating medical marijuana businesses and the same department is responsible for Nevada’s medical marijuana program. You can read more details about cannabis licensing requirements in Nevada.
You can apply for licenses directly through the State of Nevada’s Department of Taxation.
Types of Licenses
There are five types of retail cannabis licenses:
This license is to transport cannabis from a marijuana establishment to another marijuana establishment. For example from a product manufacturing facility to a retail store.
This license is to cultivate or grow, process, and package cannabis. It also allows having cannabis tested by a testing facility and allows to sell cannabis to retail marijuana stores, to other cultivation facilities, or products manufacturing facilities.
This license doesn’t allow to sell to consumers.
Product Manufacturing Facility
This license allows to manufacture, process, and package both cannabis products and cannabis. Cannabis products include edibles, tinctures, and ointments.
This license also allows cannabis to be purchased and to be sold to other product manufacturing facilities, and retail marijuana stores. This license doesn’t allow cannabis to be sold to consumers.
This license allows buying cannabis from cultivation facilities, and other retail stores. It also allows cannabis and cannabis products purchases from product manufacturing facilities.
This license allows to selling marijuana and marijuana products to consumers.
This license allows marijuana and marijuana products to be tested for potency and contaminants.
Further Required Paperwork
Along with the license requirements, applicants have to demonstrate they have at least $250,000.00 in liquid assets for startup capital. They also have to show proof that they own the property where they plan on opening the business or that they have permission from the landlord to operate a marijuana facility on the property.
The owner and all future employees need background checks done as well.
A very detailed plan for procedures of the dispensary is also required from the owner.
How Long Does It Take to Open a Dispensary?
This varies and there is no set time. It can take a year or more to complete all the necessary steps including applying for the appropriate licenses, getting finances together, finding employees, securing suppliers, and getting the dispensary set up.
How Much do Dispensaries Make Anyways?
The numbers for the cannabis market in Nevada are pretty lucrative.
The following are sales in 2016 and estimated sale for 2021:
- 2016 Medical Sales – $75,600,000
- 2021 Estimated Medical Sales – $150,400,000
- 2016 Adult Use Sales – $0
- 2021 Estimated Adult Use Sales – $282,200,000
Dispensaries can make lots of money they can bring in $50,000 a year or more depending on the population and location. Some have reported earning millions or even tens of millions of dollars!
Who Qualifies to Purchase Cannabis?
All adults over the age of 21 have access to purchase cannabis.
Medical cannabis patients qualify under any of the following conditions:
- Post-traumatic stress disorder (PTSD)
- Persistent muscle spasms
- Severe nausea
- Acquired immune deficiency syndrome (AIDS)
- Severe pain
- Additional conditions subject to approval by the Division or under the law
Ready to Launch a Cannabis Venture?
Opening a dispensary is a large investment of both money and time which is why you want to make sure you follow all the necessary licensing requirements to not waste time or money. There are attorneys available to help during the legal process of how to start a dispensary.
Curious about what consumers look for in a dispensary? Read our article discussing 5 things that consumers look for when they go to a dispensary for their marijuana needs.
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Over 21 million Americans struggle with substance abuse. Often times, this disorder takes a person’s will to live and affects their ability to have meaningful relationships.
If multiple members of your family have substance abuse issues, then you will need to be very cautious when it comes to consuming drugs and alcohol. For some people, having one drink can awaken demons that make it hard for them to put the bottle down.
Are you looking for advice on substance abuse prevention? If so, read below for some helpful tips.
Substance Abuse Prevention Starts By Finding Ways to Deal With the Stress of Life
As any adult knows, life can get a bit stressful at times. Whether it is paying bills or raising children, finding a way to deal with life’s challenges can be a bit easier said than done.
Some people think that having an adult drink, smoking a joint or using natural stimulants is the best way to forget about their problems. In reality, this is only a temporary solution that can cause major problems in the future.
Rather than resorting to drugs or alcohol to deal with these issues, you need to find healthier ways of coping. One of the best ways to address the issues you face is by seeking out the help of a psychiatrist. These mental health professionals will be able to provide you with the tools needed to cope with the stress you face.
Avoid Giving In To Peer Pressure
One of the biggest misconceptions most people have is that peer pressure is only something they have to deal with during their teenage years. In actuality, peer pressure is present at every stage of life and needs to be avoided at all costs.
If you are confronted with an invitation to a bar following a hard day at work, you probably need to avoid going. Putting yourself in a situation where you are faced with the temptation to use drugs or alcohol can create problems.
In some cases, a person who is newly sober will be unable to avoid this temptation and will use the drugs or alcohol in front of them. Letting your friends and family know how serious you are about sobriety can help you say no to peer pressure with ease.
Strengthen the Bond You Have With Friends and Family
When times get rough, you need to group of friends and family you can turn to. Getting guidance and advice from your inner circle can help you stay on track and off of drugs and alcohol.
One of the first signs a person is using drugs is the fact that they are alienating themselves from their loved ones. Instead of creating this divide, you need to cling to your friends and family to help you through the rough patches of life.
If you are in the midst of addiction and need help, then finding a drug treatment facility is a must. You can read more here about the best treatment options for drug addiction.
Staying Sober Takes Constant Work
Instead of viewing sobriety as something you have to do, you need to view it as something you want to do. The key to substance abuse prevention is making good decisions on a consistent basis.
Looking for more information on great ways to stay sober? If so, check out our article on the power of meditation.
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Managing health in a non-traditional way and relaxing with the help of herbs. Many people would assume you’re looking at a business in massage therapy, aromatherapy, or some other new-age type of practice.
In actuality, you could be on the path to starting a marijuana business. It sounds fun, trendy, and like something most people would buy. So why not jump head first into it?
Before you get involved in a cannabis business, there are a few pointers to keep in mind. Keep reading to learn more.
Learn Everything You Can About Your States Marijuana Laws
Marijuana laws vary across the United States. It’s important to remember that federally, cannabis is illegal.
However, each state makes its own choice on if the drug is legal. If so, is it legal recreationally or only medically?
Consider what type of business you’ll operate, the consumers you’ll serve, and how your business plays a role in the cannabis industry. If you live in a state that considers marijuana completely illegal on many levels, you don’t have to give up on your dream.
Consider moving elsewhere where you can engage in a marijuana business. Alternatively, you can campaign and work to make changes in your state for marijuana advancement.
Figure Out Necessary Licensing
Once you know where you’re opening a business, it’s important to figure out the laws around licensing for your state. Even if it’s legal, there are still several hoops you’ll need to jump through to stay compliant with laws while getting your company off the ground.
If your business is on the East coast, you’ll have to jump through additional hoops in order to get approved. Not only will you fill out licensing paperwork, but you’ll need to go before a process to prove you’re the best-suited individual for this business.
The government agencies on the East coast limits the number of individuals that can operate such a business. Keep this in mind if you want to get started since you’ll stand up against the competition.
If you try to open a marijuana business but don’t have licensing completed, you could run across problems that include stiff fines, among other issues. Even if the process is time-consuming, make an effort to get started on the right foot.
You’ll thank yourself later once everything is in order and you can focus on what you truly care about. If you need to wait on licensing or you want to make yourself look qualified, consider getting cannabis training to help increase your knowledge.
Know Your Consumers
Now that your business is getting underway, think about your ideal customer. Who are they and what are their needs?
Are you looking for customers who enjoy using recreationally? Perhaps they’re already consistent users, to begin with, and now they need to use more marijuana or a different strain to get the buzz they’re looking for.
Or perhaps you’re interested in working with customers who have a medical need. They need medical marijuana in order to subside their pain, treat a condition, or even help with their depression.
Consider what types of marketing and branding would appeal to your ideal customer base and keep them coming back for more. This includes everything from your logo and website to any ads you choose to run online, in print, or on the radio.
After you’ve established who your consumers are and what you’ll do to attract them, you can begin devising your plan. Knowing who you’ll serve and how can encourage them to come to you rather than a competitor makes a difference in getting the results you’re looking for.
Start Off On the Right Foot With Enough Funding
Funding is a tricky aspect for any business.
Although the cannabis industry is trendy and can bring in a variety of individuals willing to spend their money, it’s a turn off for many investors due to the fact that it’s still federally illegal.
For that reason, banks and other traditional types of commercial lending institutions won’t help you get the funding you’re looking for. If you have a family or friend who is willing to invest or plans to leave you money for a business, this is one route of obtaining the money you need.
Otherwise, there are many investors interested in marijuana. You’ll likely need to contact several individuals, but because of the high growth level anticipated with the industry, there’s no shortage of interest.
If you’re still uncertain how much capital you can raise on your own, consider other ways you could supplement an investor. Using your savings, taking on additional work, or saving up to fund part of your business can lessen the amount of money needed.
Overall, it’s easier to get the funding you need first, rather than trying to scramble madly to secure investments.
Learn More About Starting a Marijuana Business
There’s a lot that goes into starting any type of company when you’re building a business from the ground up. The same applies when starting a marijuana business.
Ensure you know everything about cannabis as it applies to your state. Getting the correct licensing is necessary to avoid fines or other legal problems that could get you shut down.
Consider your consumers and what would entice them to come back for more. You want to market in a way that’s appealing to the right people. Finally, make sure you have enough capital to get started and sustain your company.
Getting off on the right foot with your cannabis business can be tricky. We’re here to help make a smooth transition.
Check out our blog on cannabis concentrations and learn more on the different ways marijuana can be used.
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