Hello all
I own about +20 hectares of unused agriculture lands in an African country where cultivation of cannabis for export has been legalized in recent years (and I have access to another 100 hectares through family and friends) .
Reading up on cannabis laws of different countries, I now realize that even when (medical)cannabis is legal, most countries still prohibit the importation of cannabis.
Instead of going through the hassle of setting up companies in different countries and obtaining a license in each and every country, I was thinking about selling to a big distributor.
So if anyone is in this industry or has in depth knowledge, comment below or shoot me a DM if you want to stay anonymous.
If you’re trying to grow hemp with no thc then there is a market but as far as the American market, it’s way to saturated to be importing to America but there is a market for it around the globe. What are you trying to do as far as what you are planning on growing and for what products you are interested in producing? Or are you just interested in producing the raw material? I have extensive experience and knowledge in the America market and laws.
thanks for reaching out.
Are you saying the market of hemp(CBD) is too saturated in USA? or do you mean the whole business CBD and THC is too saturated?
I would think it’s the opposite when it comes to USA, as more and more states are legalizing recreation use?Yes for now to create the business plan, I’m just interested in producing the raw material. I’m trying to keep it simple to see if the business is financially viable.
It’s a toss-up. On the west coast here we’ve been saturated for years with backstock, then you have the medical market, then the gray market, and dont forget the im a legal dispensarybut ill move things out the backdoor becauseim broke and everyonecomes here for thw low peices, CO same. Florida soon to see the big business take over. Everyone is waiting for everyone else to go broke so they can get more market share. Don’t get me wrong in the right place at the right time with the right rules, and you can succeed easily. I’ve been in the business for over 30 years, and I do a lot more consulting than anything else. I have a niche that I filled with having knowledge in all aspects of the business and the way to succeed and thrive. It takes the right staff growers, etc. It’s a tricky process, being that most workers are hired without knowledge of the entire process, and if they are in a position besides labor, the business can lose a lot of money fast. Spending 10k to 20k for someone like me to hire the correct staff doing jobs they e can exceed in as well as advertising, location, branding, and hype. It’s all a puzzle few can navigate to fully put together, and I have seen countless people lose half a million and up and be stressed out constantly until it goes under. I can save people half the building costs to more than pay for 10 - 10k sessions that are hands on follow up and results. If you’re trying to grow hemp, I would find outlets first and do the math to see if it’s worth it. 5 years ago, it was here. It only lasted 2 years until everyone was doing the sa.e. and tanked the market
USA you can’t even transport over state lines legally never mind importing from another country. California, Oregon, and Colorado all over produce cannabis and markets have bottomed out on cannabis flower, in fact growers in thailand are getting pissed california growers keep illegally shipping to their country cratering their market as well. Take in the blackmarket and the us is an exporter not an importer of cannabis. Part of the issue is energy is cheap here for indoor guys, and much of the western US is perfect conditions for outdoor growing on scale (the emerald triangle shares many similarities to the Kush mountain range in terms of climate thats why outdoor goes nuts there). Africa you would have a much better time when its legal shipping to humid areas were outdoor growing in that country would be hard like Brazil or northern Europe and south east Asia as outdoor growing allows you to undercut indoor growers but the US has a surplus of outdoor growers so I would consider the US to be the toughest market for an exporter to even attempt.
Not possible. You will need to be licensed and meet export/import standards of the countries you will be working in. I have experience in exactly this and strongly advise you hire a consultant and a lawyer before going any further.