Breaking News

shadow

With the wave of cannabis legalization, the weed business is not just confined to marijuana growers, buyers, retailers, and distributors, but this new weed revolution has opened up lot of other business opportunities and scope as well. Another important role in the industry is played by online products and service locators. Websites like BudgetWeed.com are designed to bridge the gap between weed finders and weed suppliers. This website is North Carolina based service provider, founded by Dr. Marlon Fuller.

His business goal to open up a website like this was to facilitate users with all information on products and services related to weed. It is like “a fusion between Yelp and Priceline,” says Dr. Fuller.

The company also participated in the first Weed stock conference held in Denver earlier this month.

When asked about the reason that triggered opening up a business of this nature, Dr. Fuller said that he could see the gap, which was there in the industry and that a niche segment wasn’t given that attention. One of the biggest barriers in patient healthcare system is price, and designing a system that could help marijuana patients to locate a physician from a price point of view would just be helpful to drive the system more efficiently.

He shares that his business was not an overnight outcome; it has taken years of efforts to build the framework. An investment of almost $200,000 has already been made in the setup so far and still a lot more money needs to be put in to enhance the process.

[cml_media_alt id='3024']marijuana money[/cml_media_alt]

While talking about the challenges that he had to face in setting up the business and what he is still facing, he says, “I think the biggest Challenge is to get the business’ ear. There’s a lot of noise and a lot of other sites out there. And I think the same holds true for the user that goes on the website – so what I wanted to do is create content. So not just have the dispensary and the locator and review part of it, but also have ancillary services that would help create traction.”

Budget Weed website has around 40 pot-infused recipes, which is expected to cross 200 in next few months. They also have a web store that offers cannabis accessory items such as pins and vaporizers. The company soon plans to start cannabis based events and tours for people to impart them pot education and awareness.

The CEO and Founder Dr. Marlon Fuller envisions that in next 5 years time majority of the states will legalize medical marijuana and there will be a huge market to capture.