Nothing But Hemp - Business Opportunity
Quick Summary
Are you an Entrepreneur looking to capitalize on the booming CBD market? Nothing But Hemp is offering a proven and profitable Licensing opportunity to help you do just that! Learn more about the costs, benefits, and available locations today!
*Please contact "Nothing But Hemp" to confirm the accuracy of any information provided on this page.
Nothing But Hemp
Business Cost, Fees & Facts for 2024
Minimum Cash Required | $15,000 | |
Net Worth Required | $60,000 | |
Total Investment | $15,000 - $60,000 | |
Franchise Fee | $4,000 | |
Training & Support | Yes | |
Home Office Location | Minneapolis, MN |
Available In These States:
- AZ
- FL
- IA
- IL
- MA
- MN
- NC
- WI
- Overview
Overview
Nothing But Hemp - Business Opportunity
Nothing But Hemp’s Affiliate Campaign Brings Options and Opportunities for Entrepreneurs
When Steven Brown started Nothing But Hemp to bring the benefits of hemp and CBD products to people, he didn’t expect the company would become the largest supplier of CBD in Minnesota.
Now, interested entrepreneurs are looking to pick up on the successes Brown has made, especially given the affiliate licensing program he created which has so far resulted in Nothing But Hemp locations and licensees in Minnesota and Florida. Here’s everything you need to know about Nothing But Hemp’s licensing system and how it’s so effective for entrepreneurs.
Brown’s experience working in the legal marijuana markets of Colorado and California lent to his expertise, which is built on a more general foundation in marketing and retail experience. This veritable expertise from Brown and other key players at Nothing But Hemp forms the basis of the licensing program.
Why Licensing and Not Franchising?
The emphasis of Nothing But Hemp is educating normal people and business owners on what kinds of CBD and hemp products are best for customers, and for this reason licensing allows new locations to enter in to the educational network of support at the lowest cost.
This lets licensees reaching populations of interested coverage and turning around profits quickly compared to other approaches. Licensing is faster and cheaper, all things considered, than a franchising arrangement.
Those familiar with the licensing model can see the appeal here. Bringing interested entrepreneurs up to speed on products, charging low rates to enter and offering tons of back-end product, marketing and retail support is sure to appeal to excited folks looking to capitalize on the huge market for CBD.
What are the Benefits of Joining Nothing But Hemp as a Licensee?
You may not know all the ins and outs of the hemp and CBD industry, but by the time you’re ready to roll out your new location, you will have instruction on CBD brands, the industry generally, but also retail and point-of-sale training to make sure your customers can rely on you.
Nothing But Hemp licensees will receive certifications in CBD brands, Food and Drug Administration compliance certification, retail sales training and product training from the expert team at Nothing But Hemp headed by CEO Steven Brown.
The Endocannabinoid and CBD Professional Development certification is granted after a course for new license holders on how CBD products scientifically interact with neurology, digestion, cardiology and a host of other health considerations.
Licensees can also expect product exclusivity, which Nothing But Hemp has negotiated with industry-leading brands and suppliers like Siskiyou Sungrown, an Oregon-based farm-to-table CBD brand that is indicative of what Nothing But Hemp licensees will sell.
What Can I Expect to Pay, and How are the Profit Margins?
Under Nothing But Hemp’s licensing model, new license holders will pay $4,000 with build-out costs ranging from as low as $1,500 for kiosk locations to 20,000 for brick-and-mortar shops.
Profit margins on CBD products range like anything else, but the field is new, exciting, and lucrative with the amount of demand across the country. Tinctures, capsules and vape pens run from 55 to 70%, while topicals typically bring in 50 to 65% and hemp flower runs between 75 to 90%.
Finally, though the hemp industry can be treated harshly by financial institutions, a license with Nothing But Hemp means you’ll have our help to insure you nd a bank account willing to work with your business.
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