Private Label CBD Products- Know What You’re Getting Into First
These days, it seems like CBD products are everywhere. You can find them in gas stations, health food stores, and even some convenience stores. With the passage of the 2018 Farm Bill, which legalized hemp production nationwide, it’s likely that CBD products will only become more ubiquitous in the coming months and years.
You’re certainly not alone if you’re thinking about launching your own line of CBD products. The CBD market is expected to grow to $29 billion by 2025, and there’s plenty of room for new brands to enter the fray.
However, before you get too excited about entering the CBD business, you must understand what you’re getting into. Private label CBD products can be a great way to break into the industry, but there are a few things you need to know first.
This blog post will give you an overview of the three main types of CBD products on the market today: dropshipping, wholesale, private label, and custom formulation. By the end of this post, you should have a better idea of which type of product is right for your brand.
Wholesale CBD Products
The first option for brands looking to enter the CBD market is buying wholesale CBD products. Wholesale CBD products are those that are produced by a third-party manufacturer and then sold to brands at a bulk discount. This option often appeals to new brands because it requires less upfront investment than the other two options. However, it’s important to note that when you buy wholesale CBD products, you also give up some control over your product line. For example, you won’t be able to choose your own packaging or labeling design, but that’s OK. Starting with an established brand allows you to invest with minimal resources and determine which products your customers really like.
Choosing the wholesale path is great for owners of retail stores, dropshippers, wellness stores, chiropractors, and other businesses with the customer’s best interest in mind.
Dropshipping is great for eCommerce entrepreneurs who want to get their feet wet in the CBD market without spending a lot of money upfront.
Dropshipping works like this: you find a CBD supplier who offers dropshipping services, list their products on your website or eCommerce store, and when someone buys a product from you, the supplier ships it directly to the customer. You never have to handle the inventory yourself.
Private Label CBD Products
Private label CBD products are similar to wholesale CBD products in that they’re produced by a third-party manufacturer; however, there are a few key differences between the two options. First off, when you private label a product, you’re essentially putting your brand’s label on somebody else’s product. This means that you’ll have more control over your product’s packaging and labeling design than if you were buying wholesale. Additionally, private label manufacturers will typically allow their clients to choose from a range of existing formulations or work with them to create a custom formulation that meets their specific needs
How to choose a CBD private line for your brand
If you’re considering launching your own line of CBD products, you’ve probably already done some research on the different types of CBD that are available on the market. But for those who are just getting started, here’s a quick overview:
CBD isolate is the purest form of CBD and contains no other cannabinoids, terpenes, or flavonoids. As such, it has no flavor or scent and is often used to create edibles, topicals, and tinctures.
Full-spectrum CBD contains all of the cannabinoids, terpenes, and flavonoids found in the hemp plant, including trace amounts of THC. This type of CBD is often used to create tinctures, topicals, and vape oil.
Broad-spectrum CBD is similar to full-spectrum CBD but with one key difference: it contains zero THC. This type of CBD is often used to create edibles, topicals, tinctures, and capsules.
Now that you have a better understanding of the different types of CBD, it’s time to choose the right one for your brand. If you’re looking for a product that can be used in a variety of ways, full-spectrum or broad-spectrum CBD is a good option. However, if you’re looking for a product that contains no THC whatsoever, CBD isolate is the way to go.
What to look for in a CBD private label manufacturer
Not all CBD private label manufacturers are created equal. When choosing a manufacturer for your CBD products, it’s important to do your research and ensure they’re a reputable company with a good track record. Here are a few things to look for:
Timely responses from the company. Many companies in the industry don’t respond or take days to get back to you. Oliver’s Harvest prides itself in responding to all calls and messages within 1 business day.
A GMP-certified facility: This certification indicates that the manufacturer’s facilities meet strict quality standards.
A wide range of products: A good CBD manufacturer will offer a wide range of products, including tinctures, topicals, edibles, capsules, and more.
Custom formulation: The best manufacturers will work with you to create a custom formulation that meets your specific needs.
Competitive pricing: Make sure you get a competitive price for your products.
Fast turnaround times: A good manufacturer will be able to produce your products quickly and efficiently. Don’t forget to ask around for recommendations. If you know other businesses in the CBD industry, see if they have any recommendations for manufacturers. Once you’ve found a few good options, it’s time to get in touch with the manufacturers and start developing your product.
Which private label CBD products are growing in popularity
There are a number of different CBD products that are growing in popularity, including:
Delta 9 gummies: One of the most recommended products , Delta 9 gummies are a popular way to consume CBD. These products are extracted from hemp and have less than 0.3% THC as required by the US Farm Bill.
Delta 8: Delta 8 is a type of THC that is growing in popularity due to its unique effects. It is legal because it is derived from hemp.
CBD gummies: Gummies are a popular edible option and come in a variety of flavors.
CBD tinctures: Tinctures are one of the most popular forms of CBD and can be taken orally or added to food and drinks.
CBD topicals: Topicals are a popular choice for those looking for relief from muscle aches, joint pain, and more.
CBD capsules and tablets: Capsules are an easy way to take CBD on the go and can be added to your daily supplement regimen.
As the CBD industry continues to grow, there will likely be even more product options available. So, if you’re considering launching your own CBD brand, now is the time to get started.
Custom Formulation Services
Custom formulation services are the third option available to brands looking to enter the CBD market. As its name suggests, this option allows brands to work with a contract manufacturer to develop a completely unique product formulation for their business. This option gives brands the most control over their product line because they’re essentially starting from scratch; however, it also requires the largest upfront investment.
The benefits of custom formulation services
There are several benefits that come with working with a contract manufacturer for custom formulation services, including:
Complete control over your product: When you work with a contract manufacturer, you’ll have complete control over your product. This means you can choose the ingredients, dosages, and more.
A unique product: A custom formulation will allow you to develop a unique product that meets your brand’s specific needs.
Improved efficacy: Working with a contract manufacturer allows you to develop a product that is more effective than what’s currently on the market.
The process of custom formulation
When you work with a contract manufacturer for custom formulation services, they will walk you through the entire process, from start to finish. This includes helping you choose the right ingredients, developing a prototype, and testing the final product.
How to find a reputable custom formulation service
There are a few things you should keep in mind when you’re looking for a reputable custom formulation service, including:
- Make sure they have experience formulating CBD products.
- Ask to see examples of their work.
- Get quotes from multiple services.
When you’re looking for a reputable custom formulation service, make sure they have experience formulating CBD products. You can ask for examples of their work and get quotes from multiple services to find the best fit for your needs.
Choosing which type of product is right for your brand is an important decision that shouldn’t be taken lightly. If you’re just getting started in the world of CBD and want to test out the waters without breaking the bank, buying wholesale products might be the right choice for you. On the other hand, if you’re looking for more control over your product line and are willing to invest more upfront, opting for private label or custom formulation services might be a better fit. No matter which route you choose, make sure you do your research beforehand so that you can be sure you’re getting exactly what you want for your brand.
Oliver’s Harvest is a CBD company that offers private label CBD products to businesses in the CBD industry. We offer a wide range of products, including tinctures, topicals, edibles, capsules, and more. Visit our website to learn more about our products and services at www.oliversharvest.com.
How much does it cost to private label CBD products?
The cost of private labeling CBD products will vary depending on the type of product you’re looking to create, the quantity you’re ordering, and the quality of the ingredients. In general, you can expect to pay anywhere from $2,500 to $5,000 for a small batch of high-quality CBD products.
What are the benefits of private labeling CBD products?
There are several benefits that come with wholesale CBD products, including:
A lower cost of entry: Wholesale label products require a smaller upfront investment than other options, such as custom formulation.
Greater control over your product: When you opt for wholesale products, you’ll have greater control over your product line because you’ll be able to choose the specific products you want to sell.
A faster time to market: wholesale products generally have a shorter lead time than other options, which means you can get your products to market faster.
Do I need a license to sell CBD products?
To sell CBD products, you will need to obtain a business license from your state. You may also need to obtain a permit from your local municipality. Once you have these licenses and permits, you can legally sell CBD products in your state.
What are the requirements for purchasing CBD products?
To private label CBD products, you will need to find a manufacturer that can produce the products according to your specifications. You will also need to create labels for your products that include all required information, such as the amount of CBD per serving and the list of ingredients. Finally, you will need to purchase packaging for your products.
What are the steps involved in private labeling CBD products?
The steps involved in private labeling CBD products include finding a manufacturer, creating labels and packaging, and purchasing the products. You will also need to obtain a business license and permit from your state and local municipality. Once you have all of these things, you can start selling your private label CBD products.
How long does it take to private label CBD products?
It typically takes about 4-6 weeks to private label CBD products. This includes the time it takes to find a manufacturer, create labels and packaging, and purchase the products. It also includes the time it takes to obtain a business license and permit from your state and local municipality.
What are the risks of private labeling CBD products?
The biggest risk of private labeling CBD products is that you might not be able to sell them if the market for CBD products changes. For example, if the FDA decides to regulate CBD products more strictly, you might not be able to sell your products anymore. Additionally, if the market for CBD becomes saturated, it might be difficult to compete with other brands.
How do I find a manufacturer for my private label or wholesale CBD products?
You can find manufacturers for your private label CBD products by searching online or visiting trade shows. You can contact Oliver’s Harvest, and one of our hemp experts will gladly explain all the steps needed to bring CBD to your brand.
What type of packaging do I need for my private label CBD products?
The type of packaging you need for your private label CBD products will depend on the type of product you’re selling. For example, tinctures and oils will need to be packaged in glass bottles with droppers, while edibles will need to be packaged in food-safe containers. You’ll also need to purchase labels for your products that include all required information, such as the amount of CBD per serving and the list of ingredients. An Oliver’s Harvest representative can walk you through all of these steps and save you countless hours of research.