Business Idea: Start A Cannabis Business in 2024
Have you ever thought of starting your own cannabis business?
The cannabis industry has been continuously growing throughout the years. The legal marijuana sales are projected to reach $22 billion by 2022.
No matter your level of experience, the cannabis industry has a lot to offer. There are inspiring stories of entrepreneurs that made it big in this particular industry.
Revenue & Profitability
How much do cannabis businesses make?
- On average, successful cannabis businesses report $3.26M/year in revenue.
- 100% of cannabis businesses report being profitable.
Learn more about how much money cannabis businesses make.
Startup Costs
How much does it cost to start a cannabis business?
- It can cost as low as $1,000 to start a cannabis business.
- It can cost as high as $150,000 to start a cannabis business.
Learn more about the costs of a cannabis business.
Examples Of Successful Cannabis Businesses
Successful cannabis business businesses and case studies
How Nate Lipton built a $35M plant-growing empire, with an e-commerce store generating $2.9M per month, a cannabis growers forum earning $100k per month, and a YouTube series gaining 100k views per month, all while navigating through regulatory obstacles in the cannabis industry.
Learn how Michael Berk founded and grew Cannabox, a monthly cannabis subscription box, to have an MRR of $350,000 and 11,000 subscribers, by being a pioneer in the industry, hiring the right people, staying humble, and using SEO, email marketing, and social media.
See full list of successful cannabis businesses.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.