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Selling CBD on Shopify: Is It Possible?
Have you thought about joining the big CBD market by selling on Shopify? This industry is growing fast, expected to be worth $128 billion in 2021 by GMI. So, the idea of starting a Shopify CBD store is very attractive. But, is it easy to sell CBD on Shopify?
Having a physical shop has its benefits, but online sales can reach far and wide. Shopify is a great place for CBD sellers. Selling CBD here, though, isn’t simple. This is particularly true for sellers in the U.S. They must follow federal laws, such as having products with under 0.3% THC.
Shopify also requires sellers to use third-party payment processors like DigiPay or eMerchants Brokers. This is because you can’t use Shopify Payments for CBD items.
Key Takeaways
- The CBD market saw a valuation of $128 billion in 2021, with continued growth expected.
- Selling CBD on Shopify is possible but requires compliance with federal regulations, including THC limits.
- Shopify Payments cannot be used for CBD sales, necessitating third-party payment gateways.
- The digital space offers significant advantages over physical stores for reaching a broader audience.
- Understanding legal stipulations is crucial for successful CBD ecommerce on Shopify.
Can You Sell CBD on Shopify?
Yes, you can sell CBD on Shopify. But, there are key things to remember. Since February 2022, all 50 states allow CBD sales. This change has opened up new doors. Yet, getting a high-risk merchant account may be tough due to banks being careful.
When you sell CBD online, you must give a lot of info about your business. This info is for the payment processors. The process to get these accounts is not easy. But, doing so makes selling smoother. Also, stay up to date on Shopify’s CBD rules to follow them well.
To keep your Shopify store in good shape, your CBD must come from hemp. It should have less than 0.3% THC. Following the FDA rules is a big deal. It helps avoid legal problems. Learn these rules well to sell CBD safely on Shopify.
Understanding Shopify’s CBD Selling Guidelines
Looking to sell CBD on Shopify? It’s key to follow their rules. This keeps everything running smoothly and legally.
Legal Requirements
The law is clear. CBD sold on Shopify must come from hemp with under 0.3% THC. It must also meet FDA rules on quality and how it’s advertised. Noncompliant items can get you in trouble.
Finding a Payment Processor
Shopify doesn’t allow CBD sales through Shopify Payments. So, you need a special setup. Look for reputable companies like IntegralPay, sign up here. They help with issues like chargebacks and offer good customer service.
Types of CBD Products You Can Sell
Shopify allows a wide range of CBD items. This includes edibles, creams, and oils. You can even sell CBD for pets. Just make sure all your products meet the rules.
Conclusion
Starting a Shopify CBD store is a smart move. The market is growing fast and there’s a lot of opportunity. But, it’s important to know the laws. Make sure to follow the 2018 Farm Bill and Shopify’s CBD rules. Your products should have less than 0.3% THC.
Dealing with money needs a good plan since you can’t use Shopify Payments for CBD. Use a third-party payment processor like DigiPay or eMerchants Brokers. They are experts in high-risk areas. This makes selling CBD online easier, keeping your transactions safe.
With Shopify, you can boost your CBD sales online. But, you need to invest in quality products, follow all rules, and have a smooth payment process. Doing this makes your CBD store on Shopify successful. It’s a great chance to join a growing market and meet the demand for top-notch CBD products.
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