The CBD market is one of the hottest growing markets in the United States and the world. It is recommended by many for a wide range of ailments including stress, anxiety, joint inflammation, and preventing seizures caused by epilepsy. In 2018, the CBD market had an estimated value of $500 million. Forbes is predicting that it may be worth as much as $16 billion by 2025.
With such an emerging market, many online marketers are looking to stake their territory in the oncoming rush.
Are you looking to get in on the boom and expand your CBD or other hemp-based products business? Having a partner like ShipBuddies can take care of all the logistics of order fulfillment, allowing you to focus on growing your business.
Like most business owners, you probably did not start your business with the idea that you would spend all your time managing inventory and packing boxes for shipment. And you certainly were not looking to spend hours constantly negotiating the best shipping rates for your products.
Outsourcing your CBD fulfillment needs takes all of these worries off your mind. ShipBuddies has already done the heavy lifting for you with our in-house inventory management system that easily integrates with your existing ecommerce platform such as Shopify or WooCommerce. We also have already negotiated shipping rates with USPS, UPS, FedEx, and DHL. We are ready to handle your ecommerce fulfillment needs.
Not only can ShipBuddies handle your shipping needs, but as a full-service 3PL partner we can also process your returns.
Why Use ShipBuddies for CBD Oil Order Fulfillment as a CBD Seller?
As a retailer, getting started with ShipBuddies could not be any easier. We help you to connect your online store to our in-house platform. Then you ship your products to our fulfillment center. After that, our team takes care of your picking, packing, shipping, returns, and inventory management.
Just purchasing or renting your own warehouse to store your inventory is expensive. That is before you add in maintenance costs as well as the cost to staff it with people to handle and manage your products.
With ShipBuddies, your products are stored securely in our order fulfillment center.
Storing your products is the first half of the battle. Keeping detailed and accurate inventory of your products can be a big challenge. ShipBuddies’ inventory management platform will let you track inventory counts in real-time as well as set up automatic notifications when inventory reaches certain pre-set levels letting you know that it is time to reorder.
When one of your customers places an order, the order information is forwarded to our fulfillment center. From there our team takes care of picking and packing the order and it gets shipped off. Order tracking information can be sent to the customer.
What is the Legal Status of CBD?
In 2018, the federal government passed the 2018 Farm Bill which legalized hemp-derived CBD, which is defined as any CBD that contains less than 0.3% THC (tetrahydrocannabinol), unlike most marijuana products.
In regards to CBD and hemp, the 2018 Farm Bill did the following:
- Removed CBD and hemp’s low amount of THC from the list of substances in the Controlled Substances Act.
- Allows CBD to be regulated by the U.S. Department of Agriculture just like any other agricultural commodity.
- Permits CBD and hemp-based products to be introduced into interstate commerce.
- Permits the production of hemp plants in all 50 states for any use including CBD extraction.
CBD is currently legal in some form or another in all states but Idaho, Iowa, and South Dakota. However, some states do have restrictions on labeling and in what type of products CBD can be sold in.
Is it Legal to Ship CBD?
When it comes to CBD and marijuana products, there are a lot of regulations.
Is shipping CBD oil legal? As long as the CBD being shipped contains less than 0.3% THC, then it can be shipped through the USPS. All other carriers do allow it as well, but may have different requirements on how it is handled through them.
Are you ready to get started? ShipBuddies will help you to get your CBD products delivered to your customers quickly and efficiently. Just click the button below to learn more about partnering with ShipBuddies for all your CBD order fulfillment needs.