The Ultimate CBD Fulfillment Guide: Part 5
CBD-Friendly Payment Processors
Many popular payment processors have labeled the CBD industry as 鈥渉igh-risk,鈥� so you鈥檒l have to find one that will allow you to accept nationwide payments on your CBD products. In many cases, these payment processors will come embedded in your web-hosting subscription, and they should be CBD-friendly, except for Shopify.
If your web host doesn鈥檛 have an integrated CBD-friendly payment processor, you can connect one yourself. There are available that aren鈥檛 afraid of the risks CBD products pose, and you shouldn鈥檛 have too much trouble finding one that will work for you.
What to Consider Before Shipping CBD Products
So, you鈥檝e established your niche, done your research, chosen your reliable supplier, set up your website with a CBD-approved payment processor, and you鈥檙e ready to start selling! This is all fantastic, but there are a few things to consider before you begin shipping out CBD products.
Eliminate International Shipping (For Now)
International shipping can be a huge hassle when you first start selling CBD products. Until you know the industry like the back of your hand, you鈥檒l want to slow down considerably or eliminate international shipping. Many countries outside the United States and Canada classify marijuana or hemp-derived products as illegal. They can both destroy your products and press charges if you鈥檙e caught shipping products into the country.
Consult with a Lawyer
If you are going to sell CBD products, you鈥檒l want to have a lawyer on hand. Every business should have a legal team when selling and shipping a widely regulated product. Have your lawyers read over your mission statement, especially where you intend to send your products.
The CBD industry has snowballed, but you鈥檝e got to remember that products that come from hemp are still illegal in some states. If you鈥檙e in doubt regarding any aspect of your CBD business, it鈥檚 best to consult your legal team. CBD products are not considered controlled substances at the federal level (because of their low THC concentration), but each state still has individual laws.
Triple-Check Your Suppliers
If you鈥檙e not growing and third-party testing your own plants, you鈥檒l want to double-check (nay, triple-check) with your suppliers before sending out any CBD-related products to anyone, regardless of location. It鈥檚 crucial to ensure that your fulfillment centers aren鈥檛 violating any CBD laws, regulations, or mandates at both a federal and state level. The latter will depend on supplier location.
Suppliers must be in complete compliance regarding potency, the location of where they grow their CBD, and regulations concerning where they can ship. You can get in serious trouble if these rules are broken at the supplier level, and checking in constantly will ensure that this doesn鈥檛 happen to you.
Launching a Successful CBD Brand
There is so much that goes into launching a brand, but CBD calls for a little bit more work and research due to the sensitive nature of the product. Your fulfillment center is just one piece to the CBD business puzzle, but it鈥檚 vital. There is so much to consider, from legal suppliers and payment processors to creative marketing tactics.
Selling CBD is complex, and though the industry continues to grow, it鈥檚 not suited to everyone. You cannot drop the ball when you鈥檙e running a business that centers on CBD products, ensuring quality and consistency along the way.
Recent governmental and societal changes have made it a bit easier on fulfillment centers and suppliers. Still, it鈥檚 more crucial now than ever to ensure that you remain up to date and in total compliance.
黑料社 sets your business on autopilot and combines flexible, reliable fulfillment with powerful, real-time technology. 黑料社 has multiple fulfillment centers across the US and Canada鈥� making it easy to manage your eCommerce business. For more information on how to set your business on autopilot, contact one of our fulfillment specialists today.
