Best for growing businesses with 2+ retail stores
Yes, selling CBD is profitable if you set your prices right. If your profit margins are great enough to cover your overhead costs with some left over, you are turning a profit. CBD products are a popular item among consumers.
To price CBD products, total all of the costs associated with bringing your product to market, set your profit margin on top of those expenses, and list your prices. You can change prices over time to increase sales or profit margins.
“As a business in the emerging CBD industry, we needed a platform that was reliable. It feels good to finally have a partner we can rely on to help us grow our CBD business.” Michael Bumgarner | Cannuka
Choose a shipping strategy that’s best for you. Spend more time building your business and less time monitoring orders by adding location-based settings to your hemp-derived CBD products that keep sales in permitted states.
Sell CBD products online and in-person safely and securely. Shopify has partnered with a variety of payment gateways that offer options to scale with your hemp-derived CBD business.
Best for new businesses or online businesses new to in-person selling
If you sell hemp and/or hemp-derived CBD products, then you need to ensure that you’re following the laws and regulations of both your own state and that of your customers. You should consult your own legal counsel to determine where and what you can sell. Shopify does not provide legal advice.
Yes. You can create links between your stores, provided that your store selling hemp and/or hemp-derived products that contain CBD complies with all applicable laws and regulations, and you have reviewed and submitted the Attestation for the Sale of Hemp and Hemp-Derived Products for the store selling the hemp or hemp-derived products.
No. Stores that sell hemp or CBD products can’t use Shopify Payments to process payments. If you currently use Shopify Payments, then you have a few options:
Which shipping service can I use to send my hemp or CBD products?
Before selling hemp or hemp-derived products on Shopify, review and monitor federal, state, and local laws. You should also monitor updates from the Food and Drug Administration (FDA).
Merchants using Shopify Plus can contact the Merchant Success team for guidance and dedicated support in completing the steps required to sell hemp or hemp-derived CBD products on Shopify.
The Attestation for the Sale of Hemp and Hemp-Derived Products is specific to US-based merchants selling hemp and/or hemp-derived products.
Third-party payment providers will have their own policies regarding what products they can support, so you should contact the service you’re interested in using to confirm that they’re able to support your products.