Marijuana popularity is increasing by the day, as people are using it more and more for medical and recreational use. Companies that have established themselves as medical-marijuana producers under current regulations are in a position to dominate the marijuana market.
But how can the average person profit from marijuana without being elbowed out by big companies eager to jump on the bandwagon? Chris Walsh, editor of Marijuana Daily makes the comment “Assuming current trends continue, this is one of the best financial opportunities people will see in their lifetime”. You can work for the cannabis industry from anywhere. Here are a few ways that you could profit:
Get a job in the marijuana industry
The easiest way to get a job in the pot industry is to have a valuable set of skills. These could include accounting, technology, design, marketing, sales and so on. Although there are many high-level positions available, there are also plenty of entry-level positions available. For example: bud-tenders, trimmers, growers and manufacturers.
Become a marijuana affiliate marketer
Even if you don’t live in a weed-friendly state or country, you can still profit from pot by becoming an affiliate marketer or by offering to promote some else’s product. To become an affiliate, you will need a website where you can post blogs, videos, reviews of the products you will be selling and so on.
Invest in the stock market
If you have money that you want to turn into more money, marijuana stocks are the way to go. Although stocks are always a risky way to make your bank account grow, the profits of weed are potentially huge. If you decide to go this route, do your research carefully first. There are a lot of people interested in throwing money into stocks but there are also a lot of scam artists that know this and won’t hesitate to take advantage of a naive investor.
Instead of simply applying for a job in the cannabis industry, why not go about trying to create some? The marijuana market is like any other – it presents entrepreneurs with the opportunity to turn their ideas into action in making a a profit from pot. From opening a retail shop, creating cannabis oil, edibles or tea, there are a number of ways to make money from the marijuana plant as an entrepreneur. Some capital, time and research will be involved, of course, but being a marijuana entrepreneur can be lucrative and fun at the same time.