What to Look for When Buying Bulk CBD Products
Do you order your products in bulk?
Unless you consume CBD on a rare, “now and then” basis, you’re probably better off buying in bulk to save money.
The problem is that your favorite supplier probably doesn’t ship bulk orders straight to your door – and you need to find somebody who does.
So, how does buying in bulk work?
Read on and find out.
Why Buy in Bulk?
The most obvious reason for buying wholesale CBD?
You save money. When you buy in larger quantities, you typically get a better price per unit. This can be especially helpful if you are using CBD products on a regular basis and want to save money over time.
It’s also critical if you run (or plan on running) your own CBD shipping business – but we’ll get to that later.
Another benefit of buying wholesale is that you’ll have a large supply of CBD products on hand. If you’re an enthusiast, this helps you ensure you’ll almost never run out. Plus, it may help you convert the odd acquaintance or two who’s on the fence about the benefits of CBD:
You’ll always have enough left over to share.
Understanding Wholesale Pricing Structures
Undersanding wholesale products is simple, really – the pricing is the price you pay for products when you buy them in bulk. Typically, this price is lower than what you’d pay for individual units or items.
Minimum order quantities are the minimum number of units you need to buy to get the wholesale price. You can’t just ask a wholesaler for a single unit – then there wouldn’t be any benefit in selling to you.
Minimum quantities vary depending on the supplier and product you’re buying, but you can expect to pay somewhere between 25% and 50% less than what an end consumer pays.
Most of the time, the price is fluid and goes down the more you buy at once.
Evaluating Your Supplier: The Product
The CBD powder you’re buying is one side of the coin, and you need to scrutinize it carefully to ensure you’re getting what was advertised. What details should you investigate? Simple:
- THC and CBD content
- The type of CBD
- Any pesticide use
- The presence of terpenes
THC is the infamous psychoactive compound in cannabis that produces a high. CBD is its non-psychoactive cousin, known for its potential health benefits. Yet THC is illegal in most U.S. states, while CBD is not. So, it’s important to make sure the CBD products you are buying have low levels of THC, especially if you are using them for medicinal purposes.
Some manufacturers use pesticide chemicals on their crops. You should avoid CBD products that contain pesticides (which can be harmful to humans) and should instead opt for all-natural alternatives.
Also found in the cannabis plant, terpenes can enhance the effects of CBD more than any one compound could on its own. Known as a “full-spectrum” CBD product, the presence of terpenes indicates a higher-quality brand.
Evaluating Your Supplier: The Company
You should keep a close eye on the supplier, too – and not just their product catalog.
In particular, you should consider their farming practices, extraction methods, and customer service record. Bad customer service and a litany of negative reviews are red flags that usually mean you should take your search elsewhere.
And what about farming and extraction methods?
Organic farming avoids harmful chemicals and pesticides. It’s generally better for the environment, sustainable, and considered the more responsible option.
And the extraction method is a crucial indicator of the supplier’s commitment to high-quality products. The three most common extraction methods include:
- Ethanol extraction
- Solvent extraction
- CO2 extraction
Of the three, CO2 extraction is generally recognized as the safest method. It’s eco-friendly and highly adaptable. It’s also the more expensive option because it requires high-tech equipment that some suppliers aren’t willing to invest in.
So, to receive the best quality product, always look for the CO2 extraction method if possible.
Buying in Bulk For Your Business
If you own a CBD business and want to improve your business finances with bulk CBD, you’ll need to consider a couple of extra things.
Firstly, you must be certain the products you’re buying are legal in your state, and in the state(s) you plan to ship your products to. You must also have all necessary permits and licenses to sell.
Shipping, Customer Support, and Legal Considerations
Shipping shouldn’t only be what you think about when you get to the online checkout. Shipping costs can vary wildly – and it’s not uncommon for some companies to try and inflate them.
Understand the amount you’ll be paying for shipping, and consider buying from a vendor who operates in your country (or state) if it works out significantly cheaper. Make sure they have a good customer support team in case you have any concerns.
Legal Matters
Finally, consider any and all legal considerations for buying and selling CBD products in bulk.
CBD products are legal in most states but not “legal” legal across the whole U.S., in spite of the 2018 Farm Bill. There are still restrictions and regulations you need to be aware of.
Make sure you understand the laws in your state and that you are complying with all relevant regulations. This includes obtaining any necessary licenses and permits.
Bulk-Buy To Scrimp and Save
For CBD businesses, buying in bulk is how you turn a profit. For personal use, it ensures you’ve always got enough high-quality products on hand. And in both cases, you’ll save a lot of money if you play your cards right.
The most important thing?
Take your time. Do your research, and go with your gut. Buy from suppliers you feel comfortable with, and the rest will take care of itself.
Did you find our article insightful? Be sure to check out some others in our health and well-being category if you’ve got a few minutes to spare.