10 Steps to Starting a CBD Business | CBD Entrepreneur

CBD Expert and founder of Joy Organics shares the 10 steps to starting your own CBD business. https://joyorganics.com/partnerships

1. The first step determining what you are going to call your business. I've got a separate video that you can watch on selecting the right name but in general my advice to you is to select a name that does not include CBD, hemp or cannabis because that just creates red flags for your bank.

2. Set up your business entity. We went to legalzoom.com and you can go there you can set up your LLC which is what we used a limited liability company. I set up the LLC for Joy Organics in less than 15 minutes. My advice on setting up your entity is to use your name. For us our entity is joy organics LLC.

3. Design a Logo
I recommend that you go to a company called 99 Designs I believe their rate is like $295 and they have thousands of designers around the world

4. Set Up a Bank Account
Once you get your EIN number which is your employee identification number go to your bank just let them know you're in the health and nutrition business. Don't volunteer any extra information.

5. Apply for a Merchant Account.
You have to have a bank account set up you have to have your employee identification number before you can apply for a merchant account below this video I'll also put the name of the person that I would recommend for your merchant account. You want to make sure that you have a special CBD merchant processor

6. Select a good partner to sell you your CBD Oil
You want to make sure that you're offering a line of CVD products that result in a high reorder rate because if not you're going to have all kinds of problems. If you're not selling a high-quality CBD product you're going to have people returning the product & you'll have disputes with your merchant processor.

7. Build a website. Shopify which is the most popular shopping cart out there does not do CBD processing at this time so you'd want to use WooCommerce.

8. Secure your social media sites such as Facebook, YouTube, Instagram and Twitter.

9. Find a fulfillment company. Joy Organics has launched their own fulfillment division since the recording of this video. Speak to a specialist to learn more.

10. Put together your marketing strategy.

Are you Interested in Starting a CBD Business? START HERE!

1. SUBSCRIBE
to Our YouTube Channel for Industry-Leading Videos & CBD Expertise:
https://www.youtube.com/c/joyorganicspartnerships

2. EDUCATE YOURSELF AND YOUR CUSTOMERS:
The Ultimate CBD Oil Guide:
https://joyorganics.com/ultimate-guide-to-cbd-oil/

3. JOIN A CBD PARTNERSHIP PROGRAMS:

CBD Wholesale: https://joyorganics.com/wholesale-cbd-oil-reseller/
CBD Private Label: https://joyorganics.com/white-label/
CBD Blank Bottle: https://joyorganics.com/white-label/blank-bottle-program/
CBD Affiliate: https://joyorganics.com/affiliate/

Our wholesale program is designed to allow retail businesses, healthcare professionals and independent entrepreneurs to capitalize on the rapidly growing CBD market by offering the Joy Organics line of THC-Free Broad Spectrum CBD Products.

#cbdbusiness #cbcoil

Joy Organics’ Private Label CBD Partnership Program allows you to profit from the rapidly growing CBD Oil industry while building a loyal customer base under your own private label.

About Joy Organics

Joy Organics was created with a clear initiative: to develop Premium THC-Free Broad Spectrum CBD Products through innovation and excellence, with service to match. Joy Organics is the world’s premier line of family-friendly CBD products. We aim to take charge of the CBD industry with radical transparency and the highest quality hemp oil products. We want to not only provide the highest quality CBD products on the market and also to give you all the information we have so you are educated and knowledgeable.

#cbdbusiness #cbd entrepreneur #cbdoil

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would "cannabliss" be good?

Good information but left out one of the most important topics: Insurance. Really need to address this.

I love this Video, Thanks Todd!

cheap quality and over priced

I am a hemp farmer can you still be of service?

Informative video!. Thank-You!

Great Value very impressed with JOY ORGANICS so far.

So glad this video was in my feed. Great content. Will sub.

could you please put the name of person you recommend for merchant processor?

what about finding a supplier?

Ha Ha,,,...omg a marketing campaign for Go Daddy

Amazing wisdom, thank you SO much. I'm starting in the CBD world to help my kid not have 10 seizures a day; my drive is to help other kids and families in similar situations. I'm doing my homework WAY before starting out in growing, but your posts are extremely helpful to me and my family. Thank you. If I can share what helps my son, with other people in a similar situation, that means the world to me.

Thank you for sharing this information.

I didn’t see the merchant that you recommend In the description . Can you please provide ? Thank you

This Video is Beautiful. Thank you Todd.

Is permit or licensure required to start CBD?

Is it true that Facebook and Instagram prohibit paid advertising for CBD?

Thank you so much for this valuable info

This was so helpful, step by step instructions. Thank you.

Not in Florida. Licensed medical marijuana treatment centers (“MMTCs”) are authorized to cultivate, process and dispense medical marijuana. These are the only businesses in Florida authorized to cultivate, process, and dispense medical marijuana to qualified patients and caregivers. Florida law requires MMTCs to be vertically integrated and maintain all aspects of cultivating, processing, and dispensing marijuana for medical use.

Love the content!!

This is seriously good, respect, one not see this type of honestly to often, congrats you have got your self a fan#1. God bless you, family and biz :)

Thank you for sharing this information!! You really should be a motivational speaker.

Thanks for getting straight into the points !

Great content Todd. Much appreciation 👏

It's so hard for me to see a 12 minute video and think that I'm going to finish it. But you've presented this information in point form, no BS. Easy to watch, easy to follow and great information. Thanks!

Thanks for sharing. Some of these tips would’ve been useful for the extraction lab we started in Asheville.

This is a great channel! Thank you!

How to be come a joy organic partnership?

This video is amazing 👌

Just going to say... first step is make a business plan... also going to say... nice marketing video. lol

I chose www.IslandStrong.com. Paid $25000 for the domain. Big investment for a domain name, but it works for us because we are based on the US islands. We do a lot of health supplements, organic snacks, drinks etc. The weird thing here on Guam is cannabis is legal. residents can actually grow up to 6 plants. But the main bank will not process cbd transactions. it's ridiculous.

Ein? Where do I get that..

Awesome, thanks

A lot of CBD startups are coming to us to get their offline marketing. We've been seeing an explosion of CBD company Yard Sign orders because FB and google don't allow you to advertise on there. So cbd companies are going the old fashioned method. SIGNS!

www.onedollarsign.com

How do I order from you. I am starting a small business selling cbd

What are some good merchant account processors in the industry

Great video! Pozdrav from Serbia!

💯🔥🔥🔥👍🏾

Thank you so much for this video!!

This was amazing

What is going on with getting merchant accounts approved?

I can't seem to find the name of your merchant processor you spoke of in the video

Thank you ! I just started partnering with you and excited to receive my first order.

Interested Thanks

can I sell hemp derived CBD tinctures, topicals, capsules, or edibles in
Virginia as long as it maintains less than .3% THC if I already have
fully legal hemp farmland in Oregon?

can I sell hemp derived CBD tinctures, topicals, capsules, or edibles in
Virginia as long as it maintains less than .3% THC if I already have
fully legal hemp farmland in Oregon?

Hey, does it matter what bank I use? I'm starting from scratch. Can I just apply for any online banking account and categorize my business under health and beauty? If my merchant account is taken care of, does it matter what bank I do business with?

excellent work Mr. Smith

Which merchant account do you guys use if you don't mind me asking? I am not seeing it here. Also great info and thanks for sharing this.

Please correct me if I'm wrong:
The easiest way to start your own CBD- business is by joining a network marketing system which is backed up by a leading CBD producer.
However, that's why I did it, so I didn't need to go through most of the steps you are describing.

Very informative!

Does your CBD store accept Credit Card? I am looking into your model

fivrr does your logos for as little as $5.00 we used them and they were fine.

Great video! Straight forward and too the point! I’m curious on starting small in the CBD business as a small sideline as I work full time, so I’m curious do I regardless need to have a LLC, business bank account, any other sort of licenses?

Hi Todd, thanks for the great videos and the great information you guys are putting out!
Your guide to CBD's on your website is just fantastic. It shows that you guys really love what you do.

I am looking to get into the business but there seem to be so many trees that I can't see the forest....
I would like to focus on the online side of the business however it seems to be tricky to build a loyal repeat customer base online unless you shift to B2B.
If you don't mind, what's your take on the online side of the business?

Great great video thank you

Great video!

Great video and information

I'm very intrested in becoming a partner I'm in the states nc. How do I get more info?

Todd, we are partnering with Joy Organics. Should we get product liability insurance? If so, can you recommend an insurance comopany?

Hey Todd,
Do you have partners in Canada?

Just contacted your team about PL. looking forward to working with Joy!

🙌🏿

How can I start a partnership with your company

Has any of this changed since the passing of the new 2018 Farm Bill? I believe federal banks should not have a problem with cbd now..?

If you are looking for someone to do your merchant processing, send me an email at Todd@JoyOrganics.com