New York City, New York, Jan. 28, 2019 — The Cannabis World Congress & Business Exposition (CWCBExpo) will hold their next marijuana expo in New York City from May 29 through June 1, 2019. There, attendees will have the opportunity to speak with experts in the marijuana business sector and learn about new opportunities.
The marijuana industry is growing rapidly as more states legalize cannabis and entrepreneurs still have time to capitalize on this fast-growing industry. As such, marijuana business owners looking to carve out a spot for themselves within the cannabis market will find the next few years ripe with opportunity.
Based on the gaps that currently exist in the industry and anticipated future needs, some trending business opportunities include:
Cannabis distribution. There’s ample room in the industry for businesses that focus exclusively on distribution. Over the next several years, several small businesses are likely to evolve to fill this need. Some may offer on-demand delivery services akin to those offered by popular car sharing and ride apps. Others may strive to replicate larger delivery services such as those that deliver packages and mail.
Education and training. The marijuana business sector will continue to grow, evolve, and change. As such, federal regulations will continue to introduce elements of uncertainty. Growing businesses will need to provide extensive education and training to their employees to comply with the rules and regulations that impact their business. Staffing agencies providing trained employees or consultants capable of creating training programs will be an asset to cannabis businesses.
Wholesale and distribution companies. The legalization of cannabis in states throughout the country is likely to prompt small-scale entrepreneurs to open tourism-related businesses. Such businesses might include cannabis bed and breakfasts, cannabis bake shops and more. These entrepreneurs will need a trustworthy retailer to provide them with high-quality products. Additional business opportunities will arise in the health food industry and the beauty and wellness industry. Consumption lounges or social lounges will also offer profitable marijuana business opportunities.
Cannabis tech companies. New cannabis businesses will want to be as efficient as possible before even more competitors enter the marketplace. Companies that can help organizations run a more efficient operation will be in demand. Technology-based companies capable of reducing waste in the cultivation phase by monitoring and manipulating growing conditions are likely to be on the rise.
About the Cannabis World Congress & Business Exposition
The Cannabis World Congress & Business Exposition Marijuana Events are a series of business-to-business trade shows for the legalized cannabis industry. Trade shows are held three times per year in the largest media, financial and business markets: New York, Los Angeles, and Boston. Their events are the leading forums for dispensary owners, growers, suppliers, investors, medical professionals, government regulators, legal counsel, and entrepreneurs looking to achieve business success and identify new areas of growth in this dynamic and fast-growing industry.Go back