How to Start A Delta 8 Business
If you want to know how to start a Delta 8 business successfully, we’ve been through it all and we’re happy to share. Delta-8 Tetrahydrocannabinol, better known as Delta-8 THC, is a psychoactive variant of the well-known Delta-9 THC compound. It is synthesized from legal hemp through a process known as isomerization. Since it can be derived from compounds such as CBD, Delta 8 is a federally legal substance. That, coupled with its high potency make it the ideal choice for businesses interested in operating in the legal cannabis space.
2018 Farm Bill Compliant Delta 8 Hemp Products
The 2018 Farm bill legalized hemp derived cannabinoids and the bill was perfect for businesses looking to enter the market. However, Delta 8 THC is still a controversial cannabis product due to its reputation as a powerful drug and a result, many jurisdictions have strict laws in place regarding legal cannabis use.
If you are interested in starting your own Delta 8 business, you should start with the basics. Establish a baseline of knowledge about the product and its production. Consult with an attorney before moving forward with your business plan and remember that there are two ways to get involved:
You can produce compliant products under the 2018 Farm Bill or you can work with manufacturers and vendors who produce compliant products already. That being said, it is still possible for you to form a Delta 8 business in a state that prohibits Delta 8 products. Form your business in a state that permits the manufacture and sale of Delta 8 legally, even if you don’t live there. Work with suppliers in legal states. If you follow these rules and only ship your products to legal states, you can operate legally. Again, have the help of an attorney while structuring your new Delta 8 business to avoid legal issues.
How to Choose A Delta 8 THC Supplier by Lab Testing
The second step to getting started in the Delta 8 THC hemp business is to choose a trusted Delta-8 THC supplier or a reputable lab to test the products you’ve manufactured. Either way, you will need to learn how to read Delta 8 lab results. When choosing a supplier consumers and vendors need to read the Certificate of Analysis provided by the manufacturer. In order to be Farm Bill compliant and sold legally, all products must contain less than .3% Delta-9 THC.
In addition, it’s important that the tests are free from impurities. When using CBD for isomerization many manufacturers can cut corners. This leads to the presence of heavy metals and other toxins in the Delta 8. Discount Pharms provides this lab testing with every one of our Delta 8 products to ensure that you are receiving a potent product, free from impurities.
White Label Services for Delta 8 THC and Legal Hemp Products
If you’re interested in starting a Delta 8 business, you need to find the fastest and most cost effective way to get your product to market. There are white label services available that will help you do just that in order to make the process seamless, with much less investment. However, if you do know how to create these products yourself and have some prior experience operating a small business, you should still work with professional designers for your product packaging and website. Together you can create a brand that gives your products the professional appearance they need to sell.
If you don’t manufacture your own products, it’s best to stick with the white label service and outsource all of your operational tasks. Discount Pharms will share our years of experience with you so you can avoid the costly pitfalls of learning the industry. We’ve made all the mistakes so you don’t have to. We’ll connect you with our professional designers to breath life into your brand. Discount Pharms can supply your products as well as fulfill them from our warehouses. You’ll never have to touch a piece of bubble wrap or tape.
Choosing the Best Look For Your Delta 8 Business
Your brand should always be created with the most important thing in mind, your customers. Who buys the most Delta 8 products? Are your products of a higher quality and at a higher price point than most? There are many factors to consider when building a Delta 8 brand from scratch. The good news is that we’ve done the market research so you don’t have to. Give Discount Pharms a call and our consultants will help walk you through the process of acquiring and marketing inventory.