Categories
B2B

White Label or Manufacture? Stocking The Shelves of a New Retail Business

Naturally, when it comes to retail, the most important factor is stocking the shelves. There are always two ways to go about selling a product: the first is to manufacture the product while the second is to purchase white label products and develop your own branding. Neither option is better than the other. Fundamentally, it all boils down to an entrepreneur’s skills and where they want to invest their time, energy and money. For example, if the product is proprietary and involves unique or untapped formulation, then manufacture is the only way to stock the shelves. If the entrepreneur is a great digital marketer, then perhaps more time can be spent on marketing while another company provides white label products at a wholesale price. Both methods of stocking the shelves of a business have their pros and cons, and the final decision will ultimately depend on what kind of a person an entrepreneur wants to be. The Pros & Cons of White Label Products For anybody starting a new retail business, white label products offer an easy, streamlined way of stocking the shelves. Manufacture can be costly, especially depending on the kind of product that is being sold. Manufacture is especially involved if you are not an expert in the manufacture of that particular product. Let’s have a look at the natural health industry as an example. Stocking the shelves of a natural health business with white label products removes the need to go out there and learn how to extract botanicals, how to preserve them and what ingredients to put inside. All of this can be left to the experts while you focus on branding and sales.  Now, of course, this also poses its own dilemmas. For example, if you’re not an expert in the manufacture of natural remedies, it can be very difficult to source a reputable product that meets your expectations as a retailer. The obvious compromise to be made is between quality and cost. While you want to sell a quality product, there will be economic limitations — also depending on what kind of an audience…

Categories
Discovery

What is the Entourage Effect?

The potential of cannabis as a therapeutic agent is not confined to a single cannabinoid, despite the media hype over CBD and THC. The terpenoids and flavonoids present in a specimen of hemp or marijuana are therapeutic in their own right.

Categories
Discovery

What is Cannabinol (CBN)

Although current research is limited, a few studies have been conducted regarding some of CBN’s potential benefits and effects. Learn about Cannabinol here!

Categories
Botany & Plants

Cannabis botany

Cannabis contains a lot more than just cannabinoids — experts theorize that the therapeutic characteristics of cannabis are due to the combined activity of over 400 chemical entities present in cannabis.

Categories
Discovery

What is a COA and how is it done?

The purpose of third-party lab testing is to provide an unbiased analysis of cannabis and hemp products. A manufacturer sends samples of its products to a lab, which runs independent tests and provides the results.

Categories
Discovery

14 Cannabis Terms that You Need to Know About

The cannabis industry can be slightly overwhelming at times, with a huge variety of products on offer and multiple terms and phrases that may be unfamiliar. Here, we’ve picked 14 cannabis terms that we think everybody needs to know.

Categories
Discovery

Does CBD Affect Testosterone?

What kind of side effects, if any, will cannabidiol products have on the human body? How will CBD impact testosterone levels on males?

Categories
Discovery

What Are Cannabis Topicals and How Do They Work?

Cannabis topicals are a localized form of cannabinoid treatment, specifically designed for the treatment of pain, soreness and inflammation. Learn how they work in this article.

Categories
Discovery

What Is CBD Oil?

This relatively new invention, even if cannabis has been used by humans for thousands of years, has become very popular. Let’s learn about how it is extracted, then dissolved into consumable oils to make it ready for consumption.

Categories
Discovery

Terpenes 101: Myrcene or β-myrcene

The cannabis conversation has expanded to include a lot more than cannabinoids. The matter of terpenes and their role in cannabis-derived therapeutics is piquing the curiosity of researchers more than ever.