11 Cannabis Business Ideas To Start In [2022]

11 Cannabis Business Ideas To Start In [2022]

Cannabis is a genus of flowering plants that includes three putative species, Cannabis sativa, Cannabis indica, and Cannabis ruderalis. The first two species are the most widely cultivated.

The cannabis industry is growing rapidly, as is the public acceptance of cannabis.

The cannabis business can be a very rewarding and lucrative business to get involved with. However, you need to proceed carefully so you don't run into any trouble with the law.

Here is a list of the top 11 ideas you can start for the Cannabis Business:

1. Start a pet cbd products

Pet CBD products are a growing trend. Pet owners are increasingly turning to hemp-based products to help their animals with a variety of ailments, including anxiety, arthritis, cancer treatment side effects, and pain relief.

With more than half of American households owning a cat or dog, it's no surprise that the pet industry is booming. While the market for pet health and wellness products has been growing steadily for years, it's recently experienced a surge in popularity around CBD.

How Much Can You Make?
$18,000 — $80,000/month
Average Initial Investment
$590,000
Skills

Case Study

Hi Guys! Michael and Erin here. We are the co-founders of Dope Dog and we’re on a mission to make dogs happy.

Within the first year, we went from 1 flavor of the Calming Crunchies treat to a full line of 9 products including CBD oils and even a dog shampoo! We’ve been bootstrapped and growing organically since we started and are currently generating 18k in monthly revenue.

how-we-started-a-16k-month-cbd-dog-treats-company

2. Start a cbd coffee business

CBD coffee is a type of coffee that contains CBD, or cannabidiol. It's made from coffee beans that have been extracted and processed to extract the CBD from them.

CBD coffee has become increasingly popular in recent years as people are becoming more aware of the benefits of cannabis-derived products. As more people use this product, demand will continue to increase and you'll have an opportunity to get in on the ground floor of this growing industry.

Starting a CBD business is the perfect way to make some extra money while you're at home. CBD coffee is a hot new trend that's taking the world by storm and is a relatively easy business to start.

How Much Can You Make?
Average Initial Investment
$30,000
Skills

Case Study

Hey! We’re James and Álvaro, the founders of Jibby Coffee—the feel-good coffee brand. We cold-brew organic Colombian coffee and balance it with tasteless, lab-tested CBD.

Did you know that caffeine is the coffee plant’s natural defense mechanism? By design, it’s supposed to make you feel jittery and anxious. We added CBD to help balance that out. We’re just wrapping up a hugely successful beta launch on our website, and working on a new production run—we actually sold out of our boxed coffee last week!

how-we-started-a-8-5k-month-feel-good-cbd-coffee-brand

3. Start a cannabis subscription box business

A cannabis subscription box business is one of the best ways for entrepreneurs to get started in this particular industry. The market is huge, and there's room for everyone!

Cannabis subscription boxes have been around for years, but they've recently been experiencing a surge in popularity.

There's a lot of money to be made in the cannabis industry and if you're thinking of getting into it, you might want to think about starting a subscription box business.

How Much Can You Make?
$350,000/month
Skills

Case Study

Hi! My name is Michael Berk, and I am the founder of Cannabox, a monthly themed subscription box for essential cannabis accessories. A box includes a glass piece, rolling papers, wraps, gear, snacks, and other accessories an everyday cannabis user needs. We also retail products online as well including our own brand and other popular brands.

Cannabox is currently at an MRR of $350,000 and we have 11,000 subscribers to our box.

how-i-started-a-350k-month-cannabis-subscription-box

4. Start a smoking accessories business

Smoking accessories are in high demand and they can be sold at any time of day or night. Many smokers use the same accessories every day and have no trouble paying for them, so one can see why this is such a good business idea.

Smoking accessories are a great way to expand your smoking product line without having to invest in new inventory.

By offering your customers an array of different smoking accessories, you can increase your profit margins while also increasing customer satisfaction by letting them choose their preferred method of smoking.

How Much Can You Make?
$70,000/month
Average Initial Investment
$5,000
Skills

Case Study

Hello, my name is Nassir Silwany, and I am the Co-Founder of CaliConnected, an online marketplace for smoking accessories. After years of experience in the retail industry, my business partner and I decided to launch CaliConnected in April 2018.

The marketplace holds over $40,000,000.00 of in-stock inventory to the end consumer between our warehouse and vendors we have connected to sell on CaliConnected.com. We have done nearly 2 million in lifetime sales, currently averaging $70K/month.

how-we-started-a-70k-month-business-selling-bongs-and-pipes-online

5. Start a marijuana cigarette making business

People are always looking for a new ways to enjoy cannabis. Marijuana cigarettes are a great way to enjoy marijuana and they're also relatively easy to make.

Marijuana is a booming industry, and it's only getting bigger. Marijuana cigarettes are a popular way to consume marijuana and are especially popular among people who do not want to smoke a joint.

How Much Can You Make?
$275,000/month
Skills

Case Study

I’m Evan and I started Plain Jane with my college roommate, Duane Dennis.

Within 5 months of starting to sell, we’re now generating more than $20K a month in sales. We have customers in 47 states and we’re in more than 12 retail locations.

how-two-college-roommates-started-an-online-cbd-business

6. Start a CBD oil business

CBD oil is taking the world by storm. It's a natural, non-toxic, and highly effective way to manage everything from anxiety and depression to chronic pain. And it can be used in so many ways smoked, vaped, ingested, or applied topically.

Research shows that CBD, the non-psychoactive component in marijuana, has a host of health benefits and can help treat everything from anxiety to chronic pain to cancer. And with more states legalizing marijuana for both recreational and medicinal use, the market for CBD oil products is only going to continue growing.

How Much Can You Make?
$3,000 — $800,000/month
Average Initial Investment
$89,992
Skills

Case Study

Hey guys. My name is Gunhee Park and I’m the founder of Populum. We’re a direct-to-consumer CBD oil brand that offers a collection of premium, high-quality products designed to be a part of your daily wellness ritual.

how-i-started-and-grew-my-cbd-oil-company-to-3m-arr

7. Start a CBD subscription box

A CBD subscription box is a monthly package containing different types of CBD products. The most common box will include a vape pen or vape juice, some edibles, and some topical creams.

A CBD subscription box is a great way to introduce your customers to the benefits of CBD. You can create an assortment of products that can be purchased individually or in bulk amounts. Each product in your box is designed to target different health needs, so there's something for everyone!

How Much Can You Make?
$50,000/month
Average Initial Investment
$20,000
Skills

Case Study

We’re Ryan and Lowell- the Founders of Hemp Crate Co. Hemp Crate Co. is the leading CBD Subscription Box. Each month we partner with 5-7 different brands to put the best and brightest of the CBD world into a box that gets sent out to our 1000+ subscribers. We believe that everyone deserves relief and that relief should be affordable and not regulated by Big Pharma.

We’re currently doing ~$50,000/month in revenue between our online store and our subscription boxes.

how-we-started-a-50k-month-cbd-subscription-box-side-hustle

8. Start a smoking accessories brand

The smoking accessories industry is a billion-dollar market, and it's growing. While the market is primarily dominated by big brands, there are still opportunities for new brands to make their mark.

To succeed in this industry one should make sure that the brand is professional, but also fun and unique. You want your customers to feel like they can relate with you, and that they can trust you. Your target market is people who smoke and enjoy the lifestyle of smoking.

How Much Can You Make?
$20,000 — $70,000/month
Average Initial Investment
$5,000
Time To Revenue
240 days
Skills
Business model
Work from home

Case Study

I’m Monica Khemsurov, and I founded Tetra in 2015 with two friends. Tetra is an accessories brand offering beautifully designed smoking objects for aesthetically minded people.

Since we launched the Balance Pipe we’ve added seven other products to our in-house line, and our burgeoning wholesale business is where I expect to see the most growth in the next few years. Meanwhile, we make great margins selling those products in our online shop, which now has a fairly robust customer base. With no outside investment to date and just a $12,000 initial founders’ outlay, we’re on track to average nearly $20,000 per month in revenue this year.

how-i-started-a-20k-month-designer-smoking-accesories-brand

9. Start a hemp products business

As the hemp industry continues to grow, so does the demand for hemp products. The time is right to start a hemp products business.

Hemp is a versatile and sustainable crop, and with the rising popularity of hemp products, it's a great opportunity to start your very own hemp products business.

You can choose from a wide range of products including clothing, cosmetics, food products such as oil and flour, and even building materials for homes and other structures like fences or barns.

How Much Can You Make?
$3,000 — $800,000/month
Average Initial Investment
$360,000
Time To Revenue
360 days
Skills
Business model

Case Study

I’m Evan and I started Plain Jane with my college roommate, Duane Dennis.

Within 5 months of starting to sell, we’re now generating more than $20K a month in sales. We have customers in 47 states and we’re in more than 12 retail locations.

how-two-college-roommates-started-an-online-cbd-business

10. Start a cannabis packaging business

Cannabis packaging is a growing market because it's an essential part of the cannabis industry. Packaging helps protect marijuana from being exposed to harmful substances during transport and storage, while also ensuring that customers receive their product safely and easily.

Cannabis is quickly becoming one of the most lucrative industries. With the legalization of recreational marijuana in Canada and many states in the US, entrepreneurs are turning to cannabis packaging as a way to make money.

How Much Can You Make?
$350,000/month
Skills

Case Study

Hi! My name is Michael Berk, and I am the founder of Cannabox, a monthly themed subscription box for essential cannabis accessories. A box includes a glass piece, rolling papers, wraps, gear, snacks, and other accessories an everyday cannabis user needs. We also retail products online as well including our own brand and other popular brands.

Cannabox is currently at an MRR of $350,000 and we have 11,000 subscribers to our box.

how-i-started-a-350k-month-cannabis-subscription-box

11. Start a marijuana farming business

With the passing of the sweeping bill that sought to decriminalize and legalize marijuana, you might wonder how you can get into the weed-growing business. One approach is to start a weed-growing business.

Marijuana farming is a big business in some places and some ways. If you plan to start farming marijuana, study the legislation in your state and at the federal law. By studying marijuana laws locally and federally, you will understand how to farm marijuana legally.

Pat Walls,  Founder of Starter Story
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Ales Wilk

Hi, I'm Ales. I love creating content that helps people - whether it's through my work as Head of Content at Starter Story or my own portfolio of content sites.