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How to Make a Lot of Money Selling Marijuana

(And not end up in jail.)

The 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. Right now, marijuana sales are poised to top $20.2 billion by 2020, and there are about 120,000 legal jobs that already exist in the industry. That number is only going to grow as legal cannabis gains traction.

The burgeoning field, which boasts a median salary of about $57,000, requires experts from all walks of life. The fact that the industry is so young means that there’s plenty of room for beginners to move up. While there will always be bud to tend and plants to water, the cannabis industry’s legitimacy has opened up thousands of what industry insiders call “ancillary” jobs — those that support the production and sale of weed-related businesses. 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.

Consulting

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. There’s very little precedent for large-scale enterprise in this industry, which is why consultants who have gained the necessary experience in other fields are in high demand. Experts educated in business law can help navigate legal weed’s complicated (and expensive) licensing procedures, while those with entrepreneurial experience and familiarity with industry norms can guide business owners through the process of setting up a business or even purchasing an existing dispensary, Lane adds.

Managing a Business

While owning your own business can be prohibitively expensive (more on that later), there’s plenty of money to be made in managing someone else’s business. 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. While these may not seem like skills that could earn you a lot of money, Peterson says there’s a “premium” on people with retail experience right now because “there isn’t a talent pool”. That’s not the only reason they’re willing to pay up: Cannabis professionals want to “show face to other industries,” Peterson says, explaining that offering competitive salaries ranging from $50,000 to $100,000 gives the entire cannabis industry a sense of legitimacy.

Weed Technology

Modern industries can’t survive without the internet and a smartphone, and cannabis is no exception. 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.

They’re not, however, immune to hackers, as a recent attack on MJ Freeway revealed. 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. “In my personal opinion, I have not seen that many good apps,” he says, referring to programs that make the experience of buying weed seamless and convenient. 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.

Chemists

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. This isn’t an easy process: It involves using either liquified carbon dioxide or volatile petroleum solvents such as butane, hexane, or propane, which can explode if handled improperly. There aren’t a lot of people with this scientific expertise, Peterson says, so business owners will probably be willing to pay up for specialists.

Growers

Of course, there’s always going to be room for people who are familiar with the plant itself: The head grower of a large cultivation facility, Peterson says, can earn up to “six figures” if they know what they’re doing. This job, however, can be challenging: Growing a couple of hydroponic plants in your apartment’s back room isn’t the same as managing thousands of square feet of marijuana farmland. A good grower will have to not only be familiar with cultivation but also be able to keep up with the rapidly changing scientific and technologic standards being applied to marijuana’s lighting, irrigation, and harvesting processes as growers scale way, way up.

(And not end up in jail.)

Category: Selling/Profit

Drug dealing is all about money, this will help you to get more money.

Drug Dealer’s Customer Base

Making Money Selling Drugs

What’s a customer base?

Who gives you money? How do you profit from drugs? Well, you sell to people. Not sheep, horses or farm animals but people. A drug deal is a transaction, just like any other transaction where you buy a snickers or a pack of cigarettes, it’s an exchange. And the easier, smoother and faster that exchange happens, with less hassle, the better it is for all parties. Therefore, it’s important to remember, that as a drug dealer you’re competing with others dealers in terms of discretion, secrecy and speed and ease of the deal, keep that in mind.

In our scenario, with weed, your customer base are the people who buy weed from you, time and time again. You could make a one time drug deal with a person you don’t know occasionally, but by the far, almost all your money should come from your customer base. That means people that hit you up on your phone. For safety reasons, the customer base should consist of friends that wouldn’t snitch you out and preferably don’t like the police. This applies to all drugs and even, all businesses. The customer base does not include employees who sell for you, bribed police on your side or your bodyguards. Your customer base is your revenue.

How do you build a customer base?

It takes a while to build a customer base, but it starts with you. It takes time to develop devoted customer and you need to be a reliable dealer. There are several steps. If you’re wondering where to find a customer base, that starts with you. The best and easiest way, is of course through work. Shitty jobs, like restaurants in particular, or other low income establishments are prime for targets, people who smoke weed all the time or do harder drugs. The other scene is the party scene, bars, clubs and house parties are where people sell harder drugs. Another scene to contend is fellow drug dealers, someone who snorts coke and sells it might smoke weed from time to time and will ask for it. The last of course, are colleges, universities, high schools, places where the young are, tend to be places where people want to do drugs.

Some tips

  1. Always have a reserve of weed, so if a customer calls at any time, you’ll be able to supply 24/7. Careful not to ride around with it and never carry more on you than you intend to sell or smoke. As stiffer penalties come with the more you carry. Don’t carry money on you or rubber bands and unless some is stingy, don’t bring a scale.
  2. Don’t scam your customers. If your selling them schawg (shitty marijuana), then tell your customers and charge accordingly. Every dealer loves to say his shit is fire. A cannabis culture dealer will tell the truth. There are several scales to weed.
  3. If your customer complains, listen attentively and don’t argue. For example; if a customer claims, that you shorted them… then just give the customer what they say you owe them, even if your sure you didn’t scam them. This is part of building brand loyalty, and you, as a drug dealer, are a brand. You sell your product but you act as the customer service of oyur agency. Remember that. If you piss off your customer, you not only lose money, but the customer could turn to a snitch.
  4. Have a price set in stone that both you and the customer know that you will deliver on. Don’t sell for less or else the customer will think that’s the new price. Unlike gatorade or Nike shoes, there is not set price for drugs. There is no elastic competition, you can charge as high as your customer is willing to buy for. Keep that in mind but remember to keep customers, your price should be low. The ideal way to think is what each customer will get out of your deal. If they get a lot, charge a lot. If they will get less value due to inferior product, then charge less.
  5. Occasionally give freebies to loyal customers. This is optional but makes the relationship a friendly, which is crucial all across the board.

Below are three different groups that you can sell to. If your starting out dealing, you will have to start with group 1 and then progress at group 2. If your not comfortable with group 3, that’s fine… just stick to dealing with group 2, as there is still plenty of money to be made.
Prices reflect standard to high quality marijuana!

Group 1

Small budget potheads

Low income potential

In one day of work: $100-300

Over a week: $300-$800

Over a month: $1500-$3000

Yearly income: $20,000-$45,000

(High schoolers, College students and old people)

Dime bags Eighth Quarter

$10-$20 $30-$60 $50-$100

Group 2

Other dealers and high budget potheads

Decent to high income potential

In one day: $300-$800

Over a Week: $800 – $2400

Over a Month: $3000 – $6000

(Dropouts, college students and low income workers)

Half Ounce Ounce

Group 3

Gangsters and other big time dealers

Very High Income

Potential Yearly Income: $80,000 to $250,000

(Entire Housing Projects, Large House Parties/Frats And Old Hippies)

$100-300 per ounce $1200-$4000 per pound

For more information on undercover cops, click here.

For more information on attacks, click here.

Selling marijuana in bulk

Why sell marijuana in bulk?

It’s far better to sell marijuana in bulk because there’s less risk. Instead of doing a dozen separate drug deals, you can just cash in by selling all your product in one big deal. Although you will make a little less profit, you will reduce your risk tenfold if you sell bulk. Let others break it up and sell it for scraps. Of course, you can do small deals too, but selling marijuana in bulk is how you should make most of your money .

What is bulk?

The term bulk depends on your state. It could mean you sell from a couple of pound to half an ounce. Go here to NORML and click here on the state. Look under “possession” and find the first penalty and the amount. Don’t sell more marijuana then that amount.

For example in California; less then an ounce (28.5 grams) is just a $100 fine. Which means, outside of your home you should never carry more then 28.5 grams or you could be looking at up to 6 months in prison. Let’s look at another example, In California, if however you are caught selling, you are screwed (which is why you should sell to reliable customers). But… there is an exception. If you are caught “gifting” less then an ounce (28.5 grams), your only looking at a $100 fine. Aha!

That means, your marijuana deals should play out like this… You should place the marijuana in a secret location before the deal. Then go up to your customer, greet him/her and have them front you the money. You should say “thanks for paying me back” (if they are wearing a wire, it won’t look suspicious in court that you accepted money). Then leave the scene and call them and tell them the location of where you stashed their weed. Therefore, if you do get caught, it looks like you gave them the marijuana as a “gift” (or at least you can argue that in court). If the customer is unwilling to front you their money, then whisper the stash location in their ear (a wire won’t pick this up).

Let’s look at another example. If you look at Alabama; you’ll see that you can yet the same sentence for having one gram as having up to a 2.2 pounds of marijuana. In this case, selling bulk would mean selling one to two pounds of pot. Don’t bother with little shit (like dime bags and eights). Now if you notice in Alabama, there are further penalties for selling to a minor or selling anywhere near a school or housing project. Therefore, you must choose a location to sell which is at least three miles away from any school or housing project. This may seem like a bitch to do, but 5 years of prison additional to whatever else your charged with, is no joke. Furthermore, don’t sell to any minors. The possibility of a life sentence just doesn’t make it worth it. Besides, most minors won’t be able to afford to buy a pound in marijuana.

Now, of course a marijuana deal involving an ounce is not as high risk as one involving a couple of pounds. Remember your two biggest threats are people attacking you for your marijuana and undercover cops.

For more information on undercover cops, click here.

For more information on how to sell, click here.

For more information on attacks, click here.

Drug dealing is all about money, this will help you to get more money.