The CBD market is growing more quickly than anyone could have predicted. The most recent forecasts estimate that the market could reach a value of $20 billion as soon as 2024. New companies are appearing every day, each of them competing to stand out among the crowd of competitors.
One of the most common challenges for new CBD businesses is finding a reputable, reliable, and affordable source for purchasing CBD wholesale products. With so many options out there to choose from, it’s important that businesses know what qualities to look for. In this article, we’ll discuss some important factors to consider before agreeing to work with a CBD wholesaler.
How to Choose the Right CBD Wholesale Company
Here are the top four qualities that we recommend looking for in a CBD wholesaler:
1. Reliability. Most importantly, it’s crucial that the wholesaler that you decide to work with is able to consistently meet your business’ deadlines and make deliveries in a punctual manner.
2. Transparency. Ideally, a CBD wholesaler will be able to thoroughly walk you through the details of their sourcing, extraction, and manufacturing procedures. You should be able to have a comprehensive picture of where their product comes from and the steps that it goes through before it’s ultimately delivered to you. You should also aim to find a wholesaler who won’t hesitate to give you a tour of their facility if you should ask for one.
3. Product inventory and pricing. Before you choose a wholesaler, you’ll need to intimately understand the demands of your market and of your customer base. Equipped with that background, you’ll be able to gain a sense of whether a wholesaler’s selection is well-positioned to meet your business’ demands and budget.
4. Safety and ethics. Finally, you should prioritize finding a wholesaler that takes safety concerns and procedures seriously. A high-quality wholesaler will conduct thorough testing on their products and provide you with a COA (Certificate of Analysis).
Work with a Premier CBD Wholesale Company
As the nation’s leading CBD wholesaler, Hemp Depot is proud to be able to offer our customers reliable, transparent, and ethically-grounded services, as well as a broad and affordable selection of products. Our distribution facility is equipped to handle wholesale orders of any size. Because of our seed to sale model, we can be relied on for pure, high-quality CBD products.
Shop for CBD Wholesale Today!
Hemp Depot specializes in working with CBD businesses. We will provide your business with the resources, services, and products that are a prerequisite for success. Contact our office to learn more about what a partnership with Hemp Depot can do for your business!