As
marijuana becomes legalized nationwide the opportunity will continue to grow.
It is a medical plant that has a plethora of benefits and is only increasing in
its popularity for daily use. Medically; there are all different types of
people who could benefit from marijuana use. It can be used to remedy issues
such as insomnia, anorexia, and anxiety. The nature of these needs stem from
issues that are already plaguing our society. And since the market is
continuously growing, and the demographic is already the most diverse group in
America, the window of opportunity for cannabis is being swung wide open and is
going to stay that way.
Dispensaries
are already becoming common place in America and marijuana legalization for recreational
purposes will only continue to popularize them. The innovation part of this
idea is the door to door delivery service, with a gratuity option for your delivery
driver. By providing the dispensary option for customers at home, it opens a
whole new window of opportunity. Needless to say, that all cannabis that is
delivered for medical purposes will be delivered pro-bono and can be ordered
beforehand and on a certain schedule. However, for recreational customers, a
driver will arrive at your house upon request with a briefcase full of
different cannabis products. This case will consist of the most popular
in-store options and will have a menu available online so the customer can
think about what they want. However, by bringing all different types of
products it will allow the driver to become a salesman, and in turn lead to
customers purchasing more products. The gratuity would be on top of the selling
price and go directly to the driver. Each product will vary in THC and CBD
levels as well, in order to satisfy the different needs of potential customers.
By taking
control of a potential future market the delivery dispensary will become
extremely popular. This innovation could begin with a test market right now,
even before legalization, by allowing medical patients to place order for their
prescriptions and have them delivered for free. If it becomes a more frequently
used alternative to driving to the dispensary themselves, especially if the
patient is terminally ill, it will prove that a recreational cannabis delivery
service is more than feasible. The unique part is paying delivery drivers less
than minimum wage in order to integrate a gratuity system. By saying that the
drivers will receive more money from tips, it would save the business a lot of
money. Also, the driver’s salesmanship will become a lot more important as they
have the potential to earn a lot of money from each sale. Customers will prefer
this because everyone loves ordering things directly to their home, cannabis
will be no exception. I believe that the idea would get so popular that people would
only go to the dispensary themselves if they are making extremely large
purchases. There are no direct competitors right now for this service, however
other dispensaries would follow suit if this method proves successful.
Hey Erik,
ReplyDeleteI feel that your opportunity is growing extremely fast, and will only continue to grow as more legislation is passed in favor of medical marijuana. While it is a controversial topic, I feel that your innovation towards the subject shows little bias and you are prepared with your ideas. I also think you are doing a good job of taking control of a potential market and capitalizing on innovative ideas that you can easily put into place. Good work, keep it up!
Hi, Erik! This topic is very controversial and I'm curious about your motivation for pursuing this particular business idea which seems like an Uber for marijuana. I admire your unapologetic stance and how you are able to see a business idea in this. I'm interested in seeing where this will go!
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