5 Hemp Products Business Success Stories [2023]

Updated: January 18th, 2023
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.

Here are some real life success stories of starting a hemp products business:

1. Plain Jane ($3.3M/year)

Evan Marshall (from Chatsworth, Ontario, Canada) started Plain Jane over 5 years ago.

$275K / month
2 founders / 16 employees
Chatsworth, Ontario, Canada

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.


2. Elixinol Global ($9.6M/year)

Paul Benhaim (from Sydney) started Elixinol Global over 5 years ago.

$800K / month
4 founders / 35 employees

Case Study

I learned about the nutritional benefits of hemp seeds around 1993 whilst traveling in Canada, and chose to set up my first hemp foods business in the UK.

H.E.M.P. - the first of the authors nine published books including around 300 pages of recipes, nutrition, learning about hemp and sustainability - still available today as an e-book


Learn more about starting a hemp products business:

Where to start?

-> How to start a hemp products business?
-> How much does it cost to start a hemp products business?
-> Pros and cons of a hemp products business

Need inspiration?

-> Examples of established hemp products business
-> Marketing ideas for a hemp products business

Other resources

-> Hemp products business tips

4. Stello ($36K/year)

Brandon Nolte (from Sacramento, CA, USA) started Stello ago.

$3K / month
3 founders / 0 employees

Case Study

Hey, my name is Brandon Nolte, and I am one of the cofounders of Stello. After +8 years and +$10 million in sales in the CBD space, I decided to create a new company: Stello -- stress diffusing mint that helps you get calm and clear-minded, no matter what’s getting in your way.


Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

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