10+ Best & Profitable Stoner Business Ideas [2023]

Looking to start a business in 2023? Check out our list of the best and most profitable stoner business ideas that can help you get up and running. Get inspired in 2021 and kick-start your business venture with these fresh ideas!
Nick

By Nick Cotter
Updated Feb 07, 2024

Image of stoner business ideas
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Hey there, future entrepreneurs! Do you find yourself daydreaming about starting your own business while indulging in a little green? Well, you're not alone. Many of us have been there, puffing away, and suddenly, we're hit with a million-dollar idea! But how do we turn these high-deas into reality? That's exactly what we're here to discuss today!

With the growing acceptance and legalization of cannabis around the world, the stoner industry is booming like never before. And guess what? You can be a part of this green rush too! Whether you're a seasoned smoker or just a curious bystander, this article is your golden ticket to the world of profitable stoner business ideas in 2023.

So, buckle up, light up, and let's dive into the world of green entrepreneurship. We're about to show you how to turn your passion for the plant into a profitable business venture. Ready to ride the wave of the cannabis revolution? Let's get started!

Cannabis Tours

A Cannabis Tour is a business idea in which customers can book a tour of a cannabis facility, dispensary, grower, processor, etc. Customers will be able to learn more about the cannabis industry and have an opportunity to buy products from the facilities they visit. Cannabis Tours offer a unique way to learn and explore the opportunities within the cannabis industry.

  • Educational tour of facilities and products
  • Unique experience to learn more about the Cannabis Industry
  • In-depth insights into different aspects of the industry
  • Opportunity to purchase products from different facilities
  • Experience for those interested in joining or investing in the cannabis industry
image of a Cannabis Tours

Cannabis Cooking Classes

A Cannabis Cooking Class is a business idea for those who want to teach others how to cook with cannabis. The classes would focus on creating edible and non-edible cannabis recipes. It could be a fun way to learn about the various ways cannabis can be used in cooking, and it could even be an opportunity for entrepreneurs to make money.

  • Teach different methods of cannabis cooking
  • Explore the various culinary uses of cannabis
  • Train participants in safe and effective use of cannabis
  • Showcase unique recipes
  • Create a sense of community around exploring food and cannabis
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Examples of successful businesses:

The stoner business industry is teeming with successful companies that focus on the production and distribution of cannabis related goods and services. Here is a list of some particularly noteworthy companies in the stoner business industry:

  • Canopy Growth Corporation
  • Tilray, Inc.
  • Aurora Cannabis Inc.
  • MedMen Enterprises Inc.
  • Green Thumb Industries Inc.
  • OrganiGram Holdings Inc.
  • Cronos Group Inc.
  • Scotts Miracle-Gro Co.

Cannabis Technology Solutions

Cannabis Technology Solutions are businesses that provide digital solutions to cannabis businesses. This can include websites, ecommerce platforms, payment processing, customer relationship management and other software and services to help cannabis businesses manage their operations. Cannabis technology solutions can provide services such as inventory control, financial reporting, customer outreach, product labeling and tracking and more.

  • Efficiently manage inventory and information.
  • Process payments securely and reliably.
  • Improve customer service with advanced customer relationship management.
  • Optimize internal processes from accounting to marketing.

More resources:

Cannabis Edibles Delivery Service

A Cannabis Edibles Delivery Service is a business that delivers edible cannabis products, such as candies, chocolates, and cookies, to customers who are either unable or unwilling to visit a dispensary in person. This type of business could be especially profitable in areas where cannabis is legal and the demand for cannabis products is high. Here are some of the benefits of starting a Cannabis Edibles Delivery Service:

  • You can offer customers convenience, as they don't have to go into a store or leave their homes to buy cannabis edibles.
  • You can develop relationships with local dispensaries and pass on savings to customers.
  • You can reach and serve customers who may not feel comfortable visiting a dispensary in person.
  • You can provide an easy way for new users to start using cannabis products.

Cannabis Dispensary

A Cannabis Dispensary is a store that sells cannabis for medical or recreational purposes. It is the equivalent of a pharmacy for cannabis products, and as such it can be a very lucrative business opportunity. Here are some of the advantages of starting a Cannabis Dispensary:

  • Higher Profit Margins: Profit margins in the cannabis industry are higher than many other industries due to supply and demand.
  • Ease of Access: Many states have laws that allow dispensaries to be located near residential areas, making it easy for customers to access their products.
  • Safety Regulations: Cannabis Dispensaries must adhere to strict safety regulations, which helps ensure the quality and safety of their products.
  • Secure Payment Methods: Most dispensaries offer secure payment methods, such as debit and credit cards, in order to protect both buyers and sellers.

Related business ideas:

Cannabis Packaging Solutions

Cannabis packaging solutions are a great business idea for those looking to take advantage of the growing industry of legal cannabis sales. Cannabis packaging solutions involve providing businesses with specialized containers for their products, as well as other services such as inventory tracking, labeling, and product verification. The services provided by cannabis packaging solutions can be invaluable to businesses looking to maximize efficiency and profitability while complying with regulations.

  • Provide specialized containers for cannabis products
  • Inventory tracking
  • Labeling and product verification
  • Maximize efficiency and profitability
  • Comply with regulations

Cannabis Event Planner

A Cannabis Event Planner is a professional who helps individuals or groups plan and execute events that involve cannabis. This type of event planner would provide services such as event production and coordination, venue sourcing, legal compliance, and public relations. It could make a great business because:

  • The demand for cannabis-related events has been on the rise in recent years.
  • It allows professionals in the cannabis industry to have legal access to these events.
  • It’s an easy way to get involved in the growing cannabis industry.
  • Event planners can charge a premium for their services.

Hemp Apparel Retailer

A Hemp Apparel Retailer is a business that specializes in selling clothes and accessories made of hemp, one of the oldest and most sustainable fabrics in the world. It can be an attractive business opportunity due to the growing popularity of hemp-based products, which are eco-friendly, durable and stylish. Some advantages of setting up a Hemp Apparel Retailer include:

  • Large potential customer base as hemp-based products are becoming increasingly popular.
  • Highly durable and sustainable product, leading to higher customer satisfaction.
  • Growing demand for eco-friendly, ethical clothing.
  • Opportunity for upselling additional products or services.
  • Low overhead costs for a retail store as hemp is relatively inexpensive.

Plant-based Medicine Producer

A Plant-based Medicine Producer is a business that manufactures herbal medicines, supplements, and tinctures from plants. This type of business has become increasingly popular as more people turn to natural alternatives to treat a variety of ailments. The potential benefits of starting this kind of business include:

  • Expanding access to natural remedies
  • Being part of the growing demand for plant-based medicine
  • Creating unique products tailored to the needs of individual customers
  • Ability to bring in multiple streams of income from selling products through different channels (direct to consumer, retailers, and e-commerce)
  • Opportunity to partner with other businesses and establishments in the health, wellness, and nutrition industry

Marijuana Growing Consultancy

A Marijuana Growing Consultancy is a business providing advice and services to marijuana growers on all aspects of the growing process. From selecting the right strains and cultivating plants, to harvesting, maintaining quality control and distribution, a Marijuana Growing Consultancy helps pot growers to get the most out of their efforts. Here are some of the advantages of launching a Marijuana Growing Consultancy:

  • You can become an expert in marijuana cultivation.
  • There is potential for high profits due to the growth in demand for marijuana.
  • You can offer guidance on best practices for producing high-quality products.
  • You can help growers increase efficiency and reduce costs.

Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.