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It’s been almost a full year since recreational cannabis was officially legalized in Canada, thanks to the Cannabis Act coming into force in the autumn of 2018.
Even though the Canadian pot industry is still in the process of being shaped and developed further as to live up true to the experts’ projections on the highly anticipated business gains, there is no doubt that the potential profits are of gigantic scale.
If you haven’t already delved into reaping the fantastic business benefits of selling cannabis seeds in your store in Canada, we do believe that the valuable information shared in this article will provide you with the right dose of insights and motivation to get down to profit from the rapidly expanding yet not overly populated (at least as of now) cannabis seeds sales market.
And to give you a better understanding of what you can enjoy for your best business’ sake by having cannabis seeds available for sale, we’ll start by sharing some recent stats on the marijuana legal spending forecast from 2016 to 2024.
Cannabis Seeds Sales in Canada and Partnering with Wholesale Seeds Suppliers = Cash Windfall
According to one of the latest reports published by Statista on the forecasted legal cannabis spending from 2016 to 2024 worldwide, the legal market is set to reach a value that exceeds $63 billion (yup, you read this right, it’s a Billion and not Million dollar worth!) by 2024.
With Canada legalizing recreational consumption of cannabis nationwide, and nonetheless, with a growing number of US states that have legalized recreational consumption, as well, unparalleled and unprecedented business opportunities have opened up and will keep opening up in the following decades.
Not the least, the cannabis plant is starting to grow in popularity on a global scale, even among people who do not really enjoy the psychoactive properties of the herb.
Ultimately, with the rising understanding, acceptance, and in-depth studies of and on the multiple, amazing health and wellness benefits of cannabis, it is no longer the stigmatized potheads to make up for the largest consumer market segment in the cannabis niche. Instead, cannabis is turning into one of the hottest healthy lifestyle and wellness products. Furthermore, cannabis use is growing in popularity and earning a rather in-vogue, trendy profile, rather than a being a reserved territory of the veteran marijuana consumers who were forced to keep their love for cannabis under the public radar for far too long.
A whopping 47% of Canadians surveyed prior to cannabis legalization reported to have consumed cannabis at some point in their lifetime but with the associated stigma falling and with more of the incredible and versatile used of cannabis being revealed by scientists and researchers, it seems inevitable that cannabis use is set to grow, bringing fantastic business opportunities for the savvy entrepreneurs out there.
But with so many cannabis products hitting the shelves of stores in Canada, what is it that makes growing marijuana from seed so alluring to just about any pot enthusiast?
1. “Let food be thy medicine” movement
The one credited with the quote above is none other but “the father of modern medicine,” the ancient Greek physician Hippocrates, whose wise words seem to not have become out-of-date more than two thousand years later but instead, have become especially relevant up-to-date.
With the steady increase in various disease, closely related with the availability of convenience foods choke-full of ultra-processed ingredients, preservatives, artificial colorings, and nonetheless, rather unhealthy, high levels of both salt and sugar, the consumer tastes are undergoing a massive change in strive for a better, happier, healthier life.
When coupled with a rising number of people who are interested in the ways diet affects health, knowing more, and subsequently, making the most, from the versatile health benefits of cannabis consumption is quickly turning into a topic that intrigues the curious healthy lifestyle enthusiasts from different age and background.
With this in mind, not having cannabis seeds available for sale in your store in Canada does certainly deprive your business of tapping into what is estimated to become one of the most profitable segments in the foreseeable future: the healthy lifestyle and wellness consumer market.
Growing cannabis from seed is one of the healthiest options since the grower is fully in charge of the methods applied for cultivating the magnificent ancient herb. For those who do not want to experience the psychoactive properties of cannabis, juicing raw parts of the marijuana plant is a fantastic movie.
Whether it comes to weed tea, convenient DIY cannabis capsules, or topical cannabis-infused solutions, growing cannabis from seed allows the consumers to be in full control of the ways they choose to make the best use of the highly therapeutic plant, bringing sweet profits for the businesses having “the magic beans” available for sale.
2. CBD seeds kick in
At the very mention of CBD (Cannabidiol), most business owners immediately think of those highly profitable bottles of CBD Oil or various other CBD-infused solutions that attract customers eager to experience what the miraculous, non-intoxicating active cannabinoid has to offer, just like a powerful magnet.
However, what still remains beyond the business scenes of the buzzing CBD consumer market is something that cannabis enthusiasts are becoming increasingly interested in: growing cannabis from high CBD seeds.
Some mere years ago, cannabis breeders were mostly into creating strains with a higher content of THC (the legendary psychoactive cannabinoid produced by the cannabis plant). But nowadays, wholesale cannabis seeds retailers, seed banks, and breeders alike have already noticed where the favorable wind of massive business gains is blowing at CBD cannabis seeds sales.
Growing cannabis from seeds that contain high levels of CBD vs. well-balanced or only trace amounts of THC makes up for the wonderful opportunity to enjoy a whole myriad of CBD-infused products at fraction cost, straight at the comfort of one’s home.
So, is your business ready to get a step ahead of the competitors by purchasing high CBD seeds in bulk and enjoying unbelievable savings, or you are willing to give it all up to the competitors?
3. Pets on cannabis
According to recent stats released by CAHI, from 2016 to 2018, the Canadian dog population (about 8.2 million) has become almost equal to the cat population for the first time ever since 2004.
More importantly, with the growing pet population in Canada (at least 61% of Canadians own a pet!), the incredible benefits of cannabis for alleviating various pets’ health issues in a safe, all-natural manner have been rapidly growing in popularity among cat moms and dog dads (and vice versa).
By selling cannabis seeds in your store, you do not merely target the human consumer market but you also have the invaluable business opportunity to make the most from the tremendous prospective gains related to the pet consumer market.
Selling Cannabis Seeds in your Store in Canada: Final Notes
The female cannabis consumer market is growing at a pace that the world has never witnessed at any time before. Meanwhile, even occasional cannabis users are progressively into trying their hand at cultivating weed, and in the meantime, the multi-faceted use of cannabis only keeps expanding.
As the availability of grow-weed-at-home equipment and tools intended to make cannabis cultivation easier than ever proceed to expand continuously, it seems like a no-brainer why the tiny cannabis seed is believed to be the quiet superhero that is patiently and humbly shaping an entire industry. For business store owners in Canada, selling cannabis seeds is bound to bring in fantastic paybacks, so instead of waiting for the golden opportunity to knock on your door, it is high time to stop delaying and start profiting by partnering with dependable wholesale seeds suppliers.