3 Cbd Subscription Box Success Stories [2024]
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!
In this list, you'll find real-world CBD subscription box success stories and very profitable examples of starting a CBD subscription box that makes money.
1. Vape and Juice ($3.6M/year)
ithin the legal boundaries to creative marketing tactics, we have explored various strategies to attract and retain customers. One effective method has been our content marketing efforts, particularly through blogging. This has allowed us to educate and engage with our target audience while establishing ourselves as industry experts. Additionally, our physical vape shops have played a vital role in attracting local customers and providing a personalized experience. Through exceptional customer service and a wide range of products, we have been able to build a loyal customer base.
How much money it makes: $3.6M/year
How much did it cost to start: $5K
How many people on the team: 20
A former ex-con launched Vape and Juice with just £5,000 and has since built a seven-figure vaping company with online sales increasing 800% during lockdown, by offering exceptional customer service and investing in talent.
2. Hemp Crate Co. ($600K/year)
Ryan, the founder of Hemp Crate Co., came up with the idea for his CBD subscription box business in late 2018. As a casual CBD user, he saw the opportunity in the industry with the legalization of CBD on the federal level and the recurring revenue model that subscription boxes offer. He approached his colleague Lowell with the idea, and together they launched the business within 5 months, starting with $20,000 of their own money and focusing on education, discovery, and affordability for their customers.
How much money it makes: $600K/year
How much did it cost to start: $20K
How many people on the team: 2
Hemp Crate Co is a CBD subscription box delivering over $125 in value to their 1,000+ subscribers, generating $50k+/month in revenue, operating as a side hustle while offering a low-capital, prepay-based startup model.
3. Utokia ($504K/year)
After overcoming a wrist injury and opioid dependency, Holly Hillyer discovered cannabis through her parents' homemade edibles. This, combined with Oregon's newly legalized cannabis market in 2016, inspired her to leave her project management job and launch Utokia, now generating $30,000 monthly.
How much money it makes: $504K/year
How much did it cost to start: $30K
How many people on the team: 2
Discover the journey of a cannabis entrepreneur who transitioned from opioids to cultivating some of the best indoor flowers in the nation, generating $30,000 a month, and expanding into a hemp-derived product line that already rakes in $15,000 a month in revenue.
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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.