I want to start a business that manufactures blunt wraps made from organic/high quality tobacco. I used to make my own blunt wraps and roll my own cigarettes from high quality tobacco that smoked better than any store bought product. I could make at least 8 blunt wraps from one leaf and could order (before wholesale) a pound of leaves that amounted to roughly 40 leaves. A pound typically costs around $30. This makes the cost of a single wrap around .10 cents. I see this being a profitable venture from this position. I think a lot of people would prefer to smoke blunts with these wraps than anything found currently for sale in a smoke shop.
The only problem is in order to be licensed legally to do this I believe I would need a federal license to manufactur tobacco and a state license to distribute. I’m not 100% on all the details and cost of the licenses.
I was seeing if anyone had any ideas or thoughts on this subject that might help me make the decision on whether or not to continue working towards starting this business up or if it may be too difficult/expensive to get off the ground.
Good luck! What’s your planned niche demographic?