Customers can’t seem to get enough of cannabidiol (CBD). According to the latest research, the global CBD industry has already surpassed $350 million. But don’t feel like you’ve missed the CBD boat! As hemp becomes increasingly tolerated, many economists believe CBD has more room to run.
Since CBD is such a hot commodity, it’s no surprise many businesses are interested in partnering with wholesale hemp vendors. Adding a few high-quality hemp products to your store could significantly boost sales. Plus, since CBD is so versatile, it’s easy to fit into almost any industry. Whether you’re involved in health & wellness, massage, physical therapy, or vape goods, wholesale hemp could help your business stand out from the competition.
However, before you start loading up on high-CBD buds or biomass, there are a few things you need to consider. Since hemp is such a novel crop, it pays to review the quality of your company’s offerings before striking a deal.
Is Hemp Legal In Your Area?
While high-THC marijuana remains illegal per the US government, low-THC hemp flower is federally legal thanks to the 2018 US Farm Bill. As long as your flower has ≤ 0.3 percent delta-9 THC, it’s OK to buy, sell, and use hemp in the USA.
However, the 2018 US Farm Bill allows states to devise unique hemp laws as they see fit. While most territories are on board with the new federal standards, some states have firm bans on hemp-derived goods. This is especially the case with smokable hemp flower and high-CBD pre-rolls.
So, even though hemp is legal at the federal level, you shouldn’t assume your state is OK with CBD. Please research your territory’s cannabis laws so you know what you’re getting into. If you need extra guidance, be sure to contact a reputable cannabis law firm in your area.
Carefully Inspect Your Company’s COAs
Continuing the legal theme, it’s crucial for wholesale partners to carefully evaluate their hemp provider’s Certificate of Analysis (COA). All professional hemp companies should provide you with accurate third-party lab results to confirm their products’ purity. In addition to THC and CBD percentages, these tests will give you detailed info on secondary cannabinoids, terpenes, and potential traces of pesticides, herbicides, or heavy metals.
The importance of COAs cannot be overstated in the CBD industry. Remember, there’s no central authority like the FDA that inspects CBD goods for purity. The only way you could verify the CBD hemp you’re buying is both legal and high-quality is to look into a company’s COAs.
FYI: IHF publishes all of our latest third-party lab results on our product pages. If you’re having trouble accessing any of these lab reports, please reach out to our friendly staff on this link.
What Hemp Products Make Sense In Your Business?
People who are new to the hemp industry are often amazed at the incredible diversity of products now available. Although CBD has only been around a few years, there has been a tremendous surge of creativity in the sector.
In addition to oils and tinctures, customers could now choose from an assortment of CBD edibles, isolate powders, e-juices, and dabbing crystals. Some wholesalers like IHF even offer well-cured hemp buds for smoking, baking, and vaping.
Each of these items offers a unique CBD experience that’s well-suited for different customers. If you don’t know which CBD goods fit in with your business, consider putting out a “CBD suggestion box.” Better yet, post a few hemp-related polls on your social media page. These simple strategies could help you get a feel for which CBD products would be most profitable.
If you’d like to learn more about the wide variety of CBD products in IHF’s catalog, we recommend checking our detailed hemp CBD blog. On this page, you’ll find a treasure-trove of info on the most popular hemp products.
Does Your Flower Have A “Fire” Reputation?
Hey, let’s face it; everybody looks at online reviews nowadays. So, why not spend some time searching for info on your CBD company? Although not all online reviews are super trustworthy, it’s still worthwhile seeing what verified customers are saying on the Web.
As long as you’re using a trusted CBD forum or review site, you could get a general sense of your hemp company’s reliability. You could also get a feel for a company’s customer service department by examining how well it responds to issues.
While you shouldn’t trust online reviews 100 percent, we know you’re going to Google info anyway—and there’s nothing wrong with that!
Still Have Wholesale Hemp Questions? IHF Can Help!
As the hemp space becomes increasingly competitive, we understand how difficult it can be to find a reputable wholesale vendor. While the above tips should help you evaluate different businesses, you may still have questions before buying your first bulk shipment.
Please know that IHF is always willing to help you understand your wholesale options. As a bonus, we also offer all new clients a free 15-minute consulting session with a certified hemp expert.
If you still have questions about the wholesale hemp process, please send an email