How to start a cannabis drinks business
Once you have your idea for a cannabis drinks business, it’s time to take the legal steps required to bring that drink to market. You can think of these 10 steps as a “legal checklist” for bringing your cannabis drinks business to market. If you still have not settled on a product to sell, you should also take the following steps: • Perform a quick check of the market to make sure nobody else is using the business name you plan to use • Study the various types of cannabis drinks already on the market (e.g. infused drinks, cola drinks, tea drinks, coffee drinks, sports quenchers, fruit drinks) • Do a brief market survey to make sure that demand exists for your product • Decide on the proper price point for your product. The goal here is to develop a product that is unique and can stand out in the marketplace, as well as one that consumers will be lining up to buy! From there, all that’s required to do is to follow the brief 10-step checklist above, and you will be ready to launch your cannabis drinks business.
