Understanding CBD Startups
A CBD Startup is an entity designed to deliver CBD products or services in conditions of extreme uncertainty.
CBD startups fail because they take the ‘just do it” approach and overlook the need to develop a strategy to guide and drive their execution to achieve their vision.
Successful CBD startup businesses tether themselves to a well-articulated strategy to accelerate their path to success.
A successful CBD startup is built on 3 strategic core pillars; market strategy, GTM (Go to Market) strategy & product strategy.
Contact us to find out how One Stop CBD Business can assist you to successfully launch and grow your CBD Startup.
Understanding CBD
Cannabidiol or CBD one of hundreds of cannabinoids that are found in the hemp plant.
CBD is non-psychoactive and has potent anti-inflammatory and pain killing properties.
CBD interacts naturally with the endocannabinoid system to produce a wide array of health benefits.
Yes, CBD is federally legal. In 2018, the Agriculture Improvement Act of 2018 (aka the Farm Bill) legalized CBD derived from hemp containing no more than 0.3% THC (by dry weight).
No. There are many difference cannabinoid wellness products that you can sell.
Hemp consists of hundreds of therapeutic compounds including cannabinoids, some of which are now coming main stream. These include CBG, CBN, CBC ; just to mention afew.
To ensure a safe, consistent, and effective product it is necessary to use independent 3rd party labs to confirm that cannabinoid products are free of pesticides, herbicides, mold, fungi, heavy metals, and mycotoxins.
Testing also confirms that products contain the optimal amount of cannabinoids and terpenes.
The One stop CBD Difference
One Stop CBD is NOT a quick money-making scheme or guaranteed success program.
CBD businesses are very hard to build and that’s why they are very valuable. It takes a lot of work. We are not giving you a get rich quick scheme (there are lots of easier ways to make money) neither
We focus and work with CBD Startup founders whom are looking to put in the work necessary to make any business a success.
Our mission is to help hundreds of CBD startup founders to build and execute on a winning strategy to successfully launch, establish and grow their startup CBD brand.
As an all-in-one solution, we house everything you may need to launch and grow your startup CBD business. We first and foremost work with you to develop your market, GTM and product strategy and then the execution of that strategy through our frameworks which enable you to take your idea to launch in as little as six (6) weeks. For more information on what we do, click here.
Starting a CBD Brand is a journey that requires expert knowledge and industry experience.
When building a startup CBD business, it is important to have a partner you can trust.
One Stop CBD Business has been developed to capacitate pre-revenue CBD startups and support CBD Startup Founders to turn their vision into a successful CBD business.
Working with One Stop CBD Business
Firstly, you need to find a partner with industry knowledge, and an in-depth understanding of startups. Most service providers in the industry do not have expertise dealing with startups and this puts you as a CBD startup founder at a disadvantage as the strategies implemented may not be tailored for early-stage startups. Also understanding what type of startup, you are i.e pre-product, pre-revenue, pre 10k MMR etc is critical.
One Stop CBD Business had been developed as a perfect launch pad specifically for pre-product and pre-revenue CBD startups. Schedule a call with us here to find out how we can be of assistance to you.
Yes. Through our strategic collaboration with hemp friendly banks who service pre-revenue startups, we facilitate for a hassle-free checking business account for your startup business. For more on information, click here
Yes. We have in place the necessary strategic relationships with payment processors who will offer merchant processing services for your CBD Startup business. We assist you through the application process.
Effective marketing of CBD products is executed through a set of consistent marketing & sales activities you engage in to place your CBD products in front of your target customers. Successful marketing is tethered to a well-developed marketing strategy.
As a turnkey solution, we have all the back-end infrastructure to service your CBD startup including order fulfillment services to ensure that your customers orders are swiftly and professionally processed.
The capital requirement to setup a Startup CBD business is depended on a number of factors. 75% of your capital should be allocated towards your marketing spend. In addition, rule of thumb for CBD startups says you need a minimum of six (6) months spend plus setup costs and inventory as your initial capital.
We build capital effect CBD Startup businesses. Schedule a call with us here to learn more