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Print on Demand CBD Guide: How to Buy & Sell Online

Cannabidiol (CBD) sales have skyrocketed in the last half-decade. It is now one of the country’s fastest-growing industries. The United States had the highest sales of CBD products in 2020. According to a recent market research report, the global Cannabidiol Market will generate more than USD 6.77 billion by 2032 at a CAGR of 31.2% between 2023 and 2032. Online sales are rapidly increasing, and print on demand CBD is gaining popularity. It opens up new opportunities for CBD online businesses, particularly those looking to expand into ecommerce.

FEDERAL AND STATE LAWS

Government regulations, like any new product, are in flux. Selling print on demand CBD is legal under federal regulations as long as the THC content of your products is less than 0.3%. To sell CBD, you do not currently need a federal license. Other laws differ from one state to the next. CBD derived from marijuana plants is illegal in some states. To be safe, stick to CBD products made from hemp. Because each state has its own regulations regarding CBD sales, check your state’s laws before opening up shop to ensure you comply.

BUSINESS AND RESELLER LICENSES

The first step is registering your company as a legal entity in your state. Most of the time, this can be accomplished through the Secretary of State’s office. You must choose the legal structure under which your company will operate. There are several options, but the two most common are an LLC and an S Corp. A business license is also required by some local governments. Check to see if yours does; if you still need to, get one before you begin. Finally, if you buy wholesale, many states require a reseller license.

SETTING UP AN ONLINE SHOP

Due to regulatory requirements, only some e-commerce platforms allow you to sell print on demand CBD, so it’s critical to find one that does. Finding the right one for you and your customers is equally important. It must be simple to build for you and simple to navigate for your customers. A good website will increase customer satisfaction; a bad website may turn people off for good. You could also build a custom website with the budget and technical knowledge. It removes the constraints of a templated site but will likely add to your timelines and costs.

CHOOSING THE BEST PRINT ON DEMAND CBD PRODUCTS TO SELL

CBD is available in a variety of forms, including drops, tinctures, edibles, capsules, topicals, patches, and pet products, to name a few. Choosing the right CBD products to sell online is critical, especially if going after a specific niche market. It is entirely up to you what you sell. Concentrate on the “classics” or sell CBD print on demand products that are gaining popularity. Conduct market research to determine what kinds of CBD products will appeal to the customers you’ll be selling to. Before assessing the overall market, consider the market opportunities in specific niches.

CHOOSING A RELIABLE PRINT ON DEMAND CBD PROVIDER

It is critical to work with a reputable CBD distributor. It would help if you did some research before placing your first order. First, look at the product quality. The quality of your CBD products will impact customer satisfaction and the reputation of your CBD brand. You must ensure that your supplier only sells CBD with a low enough THC dosage to comply with the law.

A reputable print on demand service provider will conduct lab testing to ensure no other contaminants are present. Because they are not all created equal, it is critical to do your research first. Knowing what is most important and asking the right questions will help you select a CBD partner who can help your business thrive.

THE TIME IS RIPE FOR SELLING PRINT ON DEMAND CBD ONLINE

It’s an exciting time to enter the online CBD marketplace. As demand grows and consumers shift their purchasing habits to online sources, the potential for growth in the print on demand CBD industry is enormous. By setting up your online CBD business correctly today, you’ll be well-positioned to capitalize on this emerging market for years to come. It can be challenging, but with the assistance of a top ecommerce fulfillment company such as Fulfillplex, everything will become easy. Contact us right away to find out how we can help you.

A Closer Look at Print on Demand CBD Industry’s Online Sales

Due to recent legal changes in the cannabis industry, more products containing cannabidiol (CBD) have appeared almost overnight. CBD appears in a variety of products, including beverages, supplements, pet treats, and skincare. With so much room for expansion in this industry, it’s no surprise that more people are interested in learning how to sell CBD online. While print on demand CBD products can be a profitable investment, it is critical to conduct preliminary research. Cannabis laws differ from state to state and change frequently. Furthermore, many unique factors go into selling print on demand CBD that you must be aware of to stay competitive in the market.

WHAT IS CBD?

Like THC (tetrahydrocannabinol), CBD is an active component of cannabis and is a small, practical part of the many components, all known as cannabinoids that make up the entire plant. CBD does not have psychoactive properties like THC. CBD is being studied for its potential to reduce psychoactivity, so it is being studied to help with anxiety, chronic pain, insomnia, and other conditions. It is also why it is legal in some states, even by large retailers like Walmart.

PRINT ON DEMAND CBD MARKET GROWTH

According to Technavio’s latest research report, the cannabidiol (CBD) market is expected to grow by USD 29.91 billion from 2020 to 2025, at a CAGR of nearly 27 percent. CBD’s popularity appears to be rapidly increasing. According to a 2020 survey, at least one-third of those polled use or have used cannabidiol products. CBD consumption is, predictably, higher among 18- to 29-year-olds. As people become more aware of the importance of living a healthy lifestyle, the CBD trend will only grow.

HOW TO SELL PRINT ON DEMAND CBD ONLINE

Step 1: Get a Business License

Keeping your business goals in mind, you’ll need to apply for a business license that fits your needs. Having one allows you to operate on both the local and federal levels legally. Following that, you’ll want to register your business and get to work on setting everything up, like hiring staff or finding investors.

Step 2: Find a Reliable Print on Demand Provider

You’ll want to find a reputable supplier who can provide you with high-quality print on demand CBD products. If you use a supplier, you may also need to obtain a resale license. Depending on the company you choose, they will be able to walk you through the necessary documentation, including licenses.

Step 3: Create a Website

It is difficult to determine where you can sell your products. Third-party CBD sellers, for example, are not permitted on Amazon or Etsy. Some people get around this by labeling it as a “hemp” product instead. On the other hand, setting up your website is worth the investment because it can give your brand authority. Building a website and self-hosting is more expensive and requires specialized development skills, so if you want to get started quickly, consider using a SaaS platform like Shopify. It allows you to tailor the site to your brand while making setup much easier and faster. It allows you to devote more time to product and sales development.

Step 4: Pick a Payment Processor that Accepts CBD Orders.

Because CBD regulation varies so widely, you’ll need to do your research and find a payment processor who will accept your sales. PayPal, for example, expressly states in their terms of service that they do not permit CBD sales through their platform. Payment processors that allow CBD sales may also have requirements, such as containing less than a certain percentage of THC (usually less than 0.02 percent).

Step 5: Ensure that your orders are visually appealing.

Last but not least, you must decide how you will process and package your orders. It would help if you made an excellent first impression on your new customers as soon as they receive their order. If design and packaging aren’t your strong suit, consider collaborating with a print on demand expert to find the best solution for your new product line. That way, you can be confident that it will look good at every stage, from delivery to unboxing.

FINAL THOUGHTS

Cannabidiol-containing products are widely available, as evidenced by CBD industry trends and statistics. They are used by people of all ages, races, and genders. The CBD market is growing and generating a lot of money. From food and beverages to cosmetics and medicine, we see constant innovation in this field. As people become more aware of the importance of living a healthy lifestyle, the CBD trend will only grow.

Need assistance in launching a new CBD product line or meeting an increasing volume of orders? Fulfillplex, a top eCommerce fulfillment company, has a team with experience in design, CBD fulfillment, print on demand fulfillment, and other areas. Contact us for a consultation to learn how we can help with your business logistics.