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How do you make money dealing weed

how do you make money dealing weed

Part-time Drug Dealer: Yes. Occasionally Hkw arrange cocaine for friends. How much money do you make a month selling weed? Why not just sell more drugs? By actively seeking it out, you expose yourself to a greater risk of getting caught. How long have you been selling? I started in and, like most other dealers, started by being a heavy user of the product. I realized that if I bought in bulk and hhow some of it, then I could essentially smoke for free.

How to Be a Marijuana Dealer — Growing Your Business

T he era of shady, low-profit, back-alley weed dealing is over: As marijuana legalization is cautiously rolled out across America, weed professionals are laying the groundwork for a sprawling and legitimate cannabis industry. But it needs humans to work. That number is only going to grow as legal cannabis gains traction. But which of these can make us rich? To find out, Inverse interviewed a trio of successful cannabis entrepreneurs. Here are the career paths they suggest the modern, profit-chasing weed dealer should consider. While marijuana-friendly state laws ease the path towards starting your very own cannabis business, entrepreneurs taking the DIY route will wind up in paperwork hell, Frank Lane , CEO of the cannabis media company CFN Media, tells Inverse. In an interview with Inverse , Derek Peterson, the CEO of Terra Tech , the first publicly traded cannabis company in the United States, says that big business owners are in need of people who can organize staff and set schedules. Companies like MJ Freeway and Biotrack THC — which produce licensing software for businesses to process their marijuana sales — are indispensable to anyone in the supply chain, Lane says. In fact, marijuana-focused cybersecurity is a growing sub-industry that is looking for experts. As in all businesses, the customer is key, as Neil Demers, the CEO of high-end cannabis company and brand Diego Pellicer , pointed out in an interview with Inverse. As going to a dispensary is still uncomfortable for some people, app developers could play a crucial role in shaping the American weed industry going forward. As marijuana extracts like waxes and shatters become more popular — and demand will for sure grow as new medical applications are discovered — anyone trying to run a scientific, pharmaceutical-grade extraction business will need experts in cannabis oil extraction, says Peterson. Science Drugs Share Subscribe. By Yasmin Tayag on March 1, Sign up for our newsletter. Filters Sort by relevance Sort by recent Sort by oldest. Life in Space Life in Space. Point B Point B. Replicant Replicant.

how do you make money dealing weed

How much does a weed dealer make?

Photo Credit. From the outside, selling marijuana might seem like a dream job. How big are those profit margins? Prices can change almost instantly with a reduction in supply due to a big bust or the seasonal fluctuations in supply harvest time almost always means lower prices. Once again, prices are all over the map literally on legal weed. Those prices reflect what the shop had to pay the processor, and before that, what the processor had to pay the grower. There are security issues, almost always requiring expensive solutions. Well-trained budtenders have to be recruited, hired and compensated. Costly inventory tracking software and supply chain problems are a fact of life. Special lawyers and accountants, versed in cannabis law, have to be on staff. Even with all of those obstacles in the way, a legal weed dealer can do okay. Recreational sales tripled in Oregon from February to August Early figures from Washington state and Colorado show that sales are at levels considerably above those of

How to Be a Marijuana Dealer – Starting Up

I have been smoking marijuana for the better part of two decades. Ninjasmoker and Travis have also been consuming marijuana for a long, long time. Naturally, we have come across several types of marijuana dealers; some good, and some bad.

This article is intended for entertainment purposes and who knows, maybe people will learn some tricks and tips that might educate them a bit about dealing marijuana. This article the first of a three part series is about selling and dealing monry the old fashioned way. If you live in a state that has dispensaries or collectives, then you might not relate to this article anymore, but it is still worth reading to reminisce about the good old days.

I weex dozens dealign active sellers in my part of America, and talk to hundreds of others online, and I have compiled makee guide to help others in the industry.

Load up your bong and let’s get to it. A major item that any dealer needs in dealing marijuana is a scale. My personal favorite brand is Ohaus, which is a higher end model. But the main thing to get is one with a 0. You will be weighing out 3. Make sure to check that it works before you buy it which is impossible online if you. Use nickels, which weight 5 grams, or if you’re lucky, your scale comes with a calibration weight.

Make sure to be comfortable with your purchase because your scale will be a significant part of your life for the years to come. Another thing a dealer needs when dealing marijuana is that you will need is a cell phone. We no longer live in the era of pagers and answering machines. If lag too long, your customer will go.

You will be looking at your phone screen more than your own face from now on, so you might as well get something that suits. There used to be a day when people thought dp phones and pagers were for drug dealers and doctors. Now, I even see bums with cell phones. An obvious item that you will need are start up funds.

The most common entry level into the marijuana industry is the half ounce. One lesson that every successful dealer learns early is that ‘the larger the bank roll, the better it is for business. One of my dealers would always refer to his enterprise as a machine, and that money was lube for that machine. Makes sense. Of course, if you have a really good friend that is in the hustle, they might be willing to ‘float’ you some product on credit.

I would personally advise against this if at all possible. You never know how people are going to be until you actually owe them the money will they be understanding, harassing, ball busting I have begrudgingly taken floats in the past from people that how do you make money dealing weed ‘no problem,’ just to have them calling me for the money the same day with some chaotic excuse.

I like to be the guy that buys my herb straight up, and I think it would be optimal if everyone out there did the same on the seller end. You can never predict when shit will hit the fan, and the more people you owe at the time, weee lamer it is.

You will also need baggies. If you are successful, then you will need lots of baggies. Back in the day Glad made the sweetest fold top bags. They were strong, weighed 1. They must have discontinued them because I don’t see them anymore. In fact, I barely see any fold top bags anymore. They are always the ‘push seal’ kind. I don’t the sandwich industry knew about the transition, but I guarantee stoners across America did!

I remember one guy that had a bunch of Christmas deallng sandwich bags, to where he didn’t use them all in the holiday season. It would be mid July and I’d be getting my herb in a Frosty the Snowman baggie.

Finding Customers is ewed backbone of your business. You monwy have all the hooks in the world, and koney huge stack of funds, etc, but if you don’t have people physically purchasing from you on a regular basis, you are going to slowly deplete your funds. I knew yyou many people in Oregon that ran into a huge stack of cash usually an inheritancewent balls out and bought a huge pile of reefer, then realized they had no one to sell it to.

So how do you get more customers? It really depends on how much risk you are willing to take and what the demographic situation is in your area. The absolute best way is to either be on a college campus, or be working at the right place. Fortunately for TWB readers, we have previously covered both topics.

Click here if you want to find out which jobs are stoner friendlyand click here if you want to know which college campuses are the most stoner friendly. You want to find the right mpney between loyal, trustworthy customers that will buy a lot of marijuana, and not selling to too many people, which can cause you to get jacked or makr.

How do you find new hook ups? Some things to remember when you are purchasing larger amounts than personal use; never settle for a bad hook up, realize that finding bulk sellers is much harder the higher you go up the chain, and try to get as close to the source as possible.

For that last tip, remember that you can buy direct from the grower, but most growers don’t have it all the time. You want to diversify your hook ups, until you find one superb hook up. Then ride the train for all it’s worth! The more loyal you are to that one super hook up, the more loyal they will be in return. I know marijuana dealers that have been going through the same single hook up for well over a decade. If it isn’t broke, why fix it, right? I previously mentioned that buying a half ounce and breaking it up is the most common entry point to the marijuana industry.

However, there are rare occasions that might result in selling more than. This can be due to your place in society for instance. This is common when you are from the West Coast. You might have never sold before, but you have a friend move back East. Inevitably, they want some of the West Coast Chronic because there isn’t any where they live. So you start running bulk orders. This is a good point to discuss selling style Bulk vs.

Breaking it Down. The fastest way to make money selling marijuana is to sell it in bulk. If you know someone that wants pounds, and you can make hundreds of dollars off of each pound, well it doesn’t take a genius to figure out you can make a killing in just one run.

When you sell in bulk, you make more money in that one transaction. However, with the increased profits, there is also an increased risk. The higher the possession amount, the higher the penalty. Another problem with buying in bulk is availability. Say you buy a quarter pound at a time, and finding four different mak on the regular is fairly easy to. Now, say that you are trying to buy five pounds, like you usually.

If your main guy is out, then you are pretty much out. The last thing that you want to do is go out into the unknown and try to get it from a new, random source. That’s how people get jacked or busted! Now, compare selling in bulk with selling it by breaking it.

Finding a dollar pound is easy on the West Coast, and if you can break that down into eighths and half ounces, you make a ton of money. In the aggregate, you make far more money off of that pound than had you sold it in bulk. Also, you have the added benefit of not having as much on you. When you are going to deliver an eighth or half ounce, you are yiu the limit in most jurisdictions for trafficking. However, there is an increased risk due to the fact that you have increased exposure on the streets.

When you sell in bulk, you are selling to one or two people, doing one transaction ‘every so. A benefit, however, is that when you buy it in smaller increments, it is easier to. I know people at any given time that have an ounce to sell.

However, I only know a few people that can get huge bags of it on a moments notice I know people that are firm believers in both styles of marijuana sales, bulk or breaking it down, and clearly there are benefits and drawbacks to. Setting a dealimg price is crucial to your business, and it can vary from customer to customer. Let’s face it; some people are savvier than. You should never rip anyone off, but realize that there are some rookies that will pay more than veterans.

There’s a famous quote that I always tell people, ‘You can sheer a sheep many times, but you can only skin them. Selling marijuana in this regard is like any other thing in economics find the price where supply meets demand and you will do good business. Click here for a great article about marijuana prices. One thing that you will maake into guaranteed when you start selling is the ‘buddy hook up. When you encounter this, you have to handle it with care. You shouldn’t be hooking people up for free, not even your inner circle.

How To Be A Marijuana Dealer — Becoming A Veteran

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