Have you ever asked yourself how entrepreneurship is important? Well, entrepreneurship helps you to plan, start and run a business from scratch. Usually, you start a small commercial activity that will grow into a big business in the future. When you create such a business, then you’re called an entrepreneur.
When you’re an entrepreneur, it means you are able and ready to come up with a business, organize and manage it. You must also be ready to face the business’s risks for you to make a profit.
Entrepreneurship requires that you put more effort to avoid closing down the business. You can close the business because of insufficient money and poor business decisions. You can also close the business because of the low demand for your services from the customers.
Therefore, you must have the capacity to look for opportunities, hence, transform your discoveries into new products. You must identify the commercial potential of your discoveries. Then plan for the talent and funds, and other resources that will change such discoveries into a commercially feasible invention.
Such commercially feasible inventions are the cannabis startups that every entrepreneur should know. This group of incredible businesses includes manufacturing, distribution and retail ventures.
Innovative Startup from PrintABowl
PrintABowl Firm creates a well-designed equipment that you can use to smoke. The smoking tool is 3D printed and the technique that the company uses is ceramic molding. You might think that the bongs themselves are 3D printed but they are not. The molds that the PrintABowl firm uses to make the bongs are the ones that are 3D printed. This strategy helps the company to create numerous bong styles effortlessly and fast.
Specifically, you’ll see the bowls in three styles. These styles are Tessalate, Alpha, and Ferro. The bowls sell at a price of $300 and the firm is still distributing them.
You’ll be surprised to discover that Al and Saul Jacobs, the founders of PrintABowl Firm, are brothers. The two come from Washington. The brothers were concerned about how to work in the thriving cannabis industry while still studying at the University of Washington in Seattle.
The brothers saw the market of consumers who were stylish and needed a designer-molded cannabis-smoking bowl. They immediately entered the market to showcase their creativity and make the exclusive bowls using 3D printers.
Unique Startup from WeedTraQr
When you think of starting a marijuana business, you need to have a WeedTraQr to fulfill the regulatory compliance requirements. You’ll want to know the position of legal cannabis every now and then. The WeedTraQr Corporation made a contemporary, easy-to-use SaaS solution. This made it easy for any mobile device to trace inventory rapidly.
If you’re a cannabis grower, WeedTraQR helps you to manage its growth, regulate the inventory, and evaluate its harvest.
When you’re a cannabis processor, WeedTraQR helps you to regulate the inventory instantaneously and optimize the procedural operations. What about when you’re a cannabis retailer? WeedTraQR provides you a quick point of sale front-end.
Flexible Startup from Gateway
The Gateway Company presents itself as, “a full immersion business accelerator and seed investment program.” If you want to fund your startup, you need to visit Gateway.
The Company is the market leader in funding small businesses. The managers of the firm have enough startup information. The firm leverages what it learned and the wealth it earned in Silicon Valley. This helps the company to improve the marijuana industry by producing more marijuana-related corporations.
The firm invests $30,000 in every business it creates to a maximum of 10 companies in a year. You’ll need a marijuana business plan that comprises pro forma financial statements. These will assist you to recognize the budget you’ll use to begin your business. You’ll also know the profits you will make from your marijuana business.
Vaporizing Startup from AcroVape
AcroVape is a vaporizing startup. The firm provides you with a battery-operated vaporizer. The vaporizer offers you the finest hitting dab that’s smooth and delicious. In other words, AcroVape clears butane. With AcroVape, you’ll have a portable equipment that does not need plugging in.
Packaging Startup from FunkSac
FunkSac is a packaging startup. The firm produces bags from materials that are biodegradable. The bags ensure the safety of your kid and are odorless. When your bag is odorless, the contents in it remain safe and fresh.
The company FunkSac prints the bags with instructions, hence, you can include your business name or the particulars of your products.
Media Startup from PreciseCannabis
Do you want to spread the information about your marijuana business to the public? Look no further; PreciseCannabis will help you in the public relations matters.
PreciseCannabis is an organization that specializes in managing the PR for marijuana brands. The startup will assist you and your brands. The organization will grow your exposure in the major broadcasting houses and the cannabis’ industry periodicals.
Portable Manager Startup from GrowBuddy
Are you thinking of how to start a marijuana business in the agricultural sector? There’s a solution for you in the GrowBuddy Company. The organization has a software that the growers built. The company believes that there is data that floats around your plants. Therefore, the GrowBuddy app, which is a moveable agricultural manager, will help you with that. It will update you on the various phases of your plants’ development.
The GrowBuddy software can help you to observe your production and keep records that include journals. The most interesting thing is that the app doesn’t care about your location! Whether you’re in your farm or anywhere on the globe, you can monitor your plants’ progress. The app can be synced in all your gadgets including your smartphone and desktop.
Data Startup from New Frontier
The marijuana industry was growing fast but didn’t have data and its management system. A former investment banker discovered this gap. How did the banker learn about this gap? The banker compared the marijuana industry with other sectors. The banker specifically looked into all the sectors’ future. With the exception of the cannabis sector, all the others had data, analytics and market research. That’s how the banker started the company New Frontier to address the problem.
So, when you think about how to invest in marijuana and do your market research, look no further. The New Frontier Corporation will guide you in the developing markets. The firm will ensure that you’re able to make good data management decisions.
Technological Startup from PotBot
Do you want to start a medical marijuana business using the modern technology? PotBot Company will help you with that. The firm makes medical marijuana better using technology.
The technology that the organization uses carries out the marijuana research with robotics, machine intelligence, and deoxyribonucleic acid (DNA) evaluation.
Potbot Company uses artificial intelligence that helps the firm to read all the peer-reviewed medical periodicals. This method assists you to come up with the correct cannabis strain for a particular illness. How does this work? Your mobile app or desktop software will advise you on the strains that are recommended. In addition, the app will advise you on the administration techniques for your particular disease.
The marijuana market is emerging at high rates. The cannabis businesses comprise the retailers, manufacturers, growers, and distributors like BestPot.ca. The list is long. Nowadays, you don’t need to fear cannabis anymore. There are no risks as many countries have legalized the use of marijuana because of its recreational purposes. Other nations will allow you to use medical marijuana.
