Friday, April 6, 2018

What's Next

Existing Market: The next step is waiting for marijuana legalization to become the normality amongst states, or even possibly nationwide. When this becomes a reality that is when this business can actually come into play and truly thrive. Upon interviewing three more people, the general consensus is that this is a great concept. However, that is all that it is at this stage, a concept.
In the future, the concept of delivery will only grow. As online shopping closes more and more walk-in stores, people will continue to want things delivered straight to their door. That is why this concept will thrive immediately when it comes into action.

New Market: A completely different market would be to become a registered cannabis farmer, and therefore someone who supplies products to dispensaries wholesale. By becoming the original supplier the numbers become much greater in terms of quantity, but the margins shrink because of the wholesale prices and large amount of suppliers. After interviewing two more people, the idea is much less well received. To talk about becoming a marijuana farmer is almost absurd without any experience and the amount of suppliers being as large as it is. That is why this new market is not nearly as attractive as the existing market.

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