Best Ways to Benefit from the Rapid Boom of Marijuana Legalization

Various businesses across Canada, ranging from micro to large-scale establishments, are progressively into cashing in on 2019’s cannabis industry boom. There is no doubt that the Canadian pot market is, um, oh well, blazing up this year, with the legalization of recreational cannabis in Canada about to reach a full year of “maturity” as of October 17, 2019.

In this highly profitable, multimillion-dollar market, an increasing number of business owners are asking themselves how they can make some “green” off this on-high rush.

The cannabis money-making tips we are about to share below will (hopefully) bring you the exact boost in motivation you have been waiting for to stop delaying and finally start profiting from the rapid boom of marijuana legalization.

What are the Most Lucrative Jobs in the Cannabis Market?

In order to fully apprehend how profoundly immense, massive, and ultimately, limitless, the business opportunities revealing in front of the savvy business owners and business-minded individuals thanks to the newly established pot industry actually are, it might be a great idea to get acquainted with the most lucrative jobs in the cannabis market.

1. Cannabis tourism

A huge number of people ranging from non-tokers to veteran stoners have already entered the cannabis tourism business segment, and nonetheless, many more are yet about to join in the 420-friendly tourism goldmine in the upcoming years.

Joel Schneider, who was born and raised in Colorado, spent 30 years working as a Wall Street lawyer. Yet it didn’t take long for Schneider before he made his mind on getting a taste of the profitable cannabis business niche by taking the visionary move to open “Bud and Breakfast.”

Just like the name suggests, “Bud and Breakfast” is a cannabis-friendly hotel that has, for the time being, hosted an array of celebrity guests, from athletes to musicians.

What’s more, Schneider has already managed to expand his business to three hotels, thus, averaging $110,000 in monthly revenue. Back in 2016, Schneider calculated that his company has brought him $1.2 million.

In the near future, Schneider plans to keep expanding his business, riding the cannabis bandwagon like a real business ninja. 

2. Marijuana growing

Anyone can learn how to grow cannabis, and that’s one of the reasons why selling cannabis seeds is one of the most profitable, and what’s more, still not overly populated pot business niche. However, becoming a cannabis grow master is only possible through years of accumulating experience, expanding your know-how continuously, and upgrading skills in the best marijuana cultivation practices on an ongoing basis.

But cannabis grows masters’ expertise is one that definitely pays back big, with the leaders in pot-growing operations commanding way upwards Commanding upwards of $100,000, as well as a  percentage of the profit annually.

Furthermore, because of the specific skill set possessed by cannabis grow masters, analysts expect this type of cannabis job to be in extremely “high demand” in the foreseeable future. In fact, many predict celebrity cannabis cultivators joining in the moneymaking game, just like celebrity chefs are.

3. Cannabis breeding

It may sound hard to believe it but the truth is, our current understanding of the genetic background of the cannabis plant is pretty much set at level 1 on a 1 – 10 scale.

It takes a lot of time, efforts, consistency, and patience for breeders to create high-quality marijuana strains possessing excellent, stable genetics so that the resulting seeds can give way to healthy, vigorous plants bound to develop in a way which is relevant to the flowering time, cannabinoid content, flavor and aroma pointed out on marijuana seeds’ packaging.

However, it takes even more time, money, and dedication to study the ancient cannabis plant from a genetic perspective, largely due to the centuries-old marijuana prohibition.

Job seekers who have a degree in botany, chemistry, and/or pharmacology are claimed to be the next generation of master cannabis growers, breeders, and lab directors to earn big dollars from the rapid boom of marijuana legalization.

All of that being said, it surely comes as no surprise why an explosively quick-growing number of entrepreneurs who, however, do not really possess the skills to become master breeders or growers, have been paving their path to profitable business success by partnering with reliable wholesale marijuana seeds suppliers. 

Bulk cannabis seeds give plenty of room for making amazing discounts, promotions, freebies, and coupons, to name a few, for the purpose of attracting both new and loyal customers to purchasing “the magic beans.” Thus, wholesale suppliers are literally assisting business owners to expand their list of customers and further nurture their client base for years to come without ever having to comply with limitations related to lack of sufficient experience in the cannabis niche.

The list of the most remunerative jobs that keep emerging alongside the rapid boom of cannabis legalization also includes but are not limited to pot extraction technicians earning up to $125 000 a year, edibles chefs whose fine-dining, cannabis-friendly meals offer range from $100 to $500 a person, and nonetheless, cannabis rules consultants who can easily earn $100 000 annually depending on experience and clientele alike.

Canadian Businesses Joining the Green Rush: Creativity Wake Up Call!

So, with all those alluring numbers and stats turning the still shaping pot industry into new Green Rush, the possibilities for profit are only limited by businesses’ creativity. And so with a mind to getting your creative business juices flowing, below are 3 crisp ideas for making money in the marijuana industry.

1. Affiliate programs

It is true to say that once you manage to set up a recurring, successful online campaign for selling cannabis seeds, it can pretty much earn you money in your sleep.

2. Cannabis-related content

You don’t have to be a word ninja to establish a winning and highly profitable cannabis-related content business strategy. After all, that’s what marketing agencies across the world will gladly do for you, although it definitely won’t hurt trying your hand at creating engaging content in the pot niche either.

Cannabis topics are not only extremely popular but it is also growing super quickly, so getting down to sharing content that may be of value to marijuana enthusiasts is sure to open up amazing portals to big moneymaking.

3. Promote weed-themed events

The cannabis culture is a very social one. All those cannabis enthusiasts out there are always in the mood for exciting events to attend and share their love and respect for cannabis with like-minded individuals, so it almost goes without saying that getting down to starting small social gatherings, partnering with local pot-friendly businesses, and/or simply investing in advertising your cannabis seeds sales business out loud during weed-themed events can truly skyrocket your profit.

Profiting from the Marijuana Legalization: Wrapping Up

From trading to investing in cannabis stocks, the boom of marijuana legalization has created and keeps creating waves of euphoria among the savvy business-minded individuals and large-scale companies alike, hungry for bathing in substantial paybacks from the rapidly growing pot consumer market.
Ultimately, what you have to focus on is creativity and advertisement/marketing, as everything else, from production and packaging to shipping basically happens behind the scenes, all ready for your business to go that extra mile and rake insufficient, sweet profit.