Facts and Figures
With the legalization of cannabis across Canada and some parts of the US, the market is growing and will continue to grow over the years to come. We sell popular smoking accessories through our online store.
How does your business make money?
We make money from selling our cannabis accessories through our online store. We drive traffic through our strong social media presence, influencer and affiliate marketing. A large amount of our traffic comes through our Instagram page where we have over 55k followers.
Why should someone buy this business?
This company has been profitable since inception, lodged in a growing market, with a strong foundation in place, this company is ready to take the next step.The global legal marijuana market is expected to reach USD 146.4 billion by end of 2025, according to a new report by Grand View Research, Inc.
How can the future owner improve this business?
Email marketing is something that can be largely improved. We have an email list of over 6k, with email marketing, revenue of store can greatly increase.
Increase Ad spend. Larger marketing campaigns has shown to bring to larger returns for us.
In this quickly growing market, scaling to larger numbers should be no problem under new ownership.
Why are you selling this business?Personal lifestyle change. After operating Pot Luck long enough, I have decide to take my life in a new and different direction—one that doesn’t include this business.
- Customer Service
- Scalable Business Model
- Strong Manufacturing Relationships
- The Business Is Currently Growing
- Overall Market Size
Opportunities for a new owner
- Launch New Products
- Capitalise on the Emerging Market
- Advance or Explore Retail / Distribution Partnerships
Key day-to-day operations
- Customer Support / Service
- Order Fulfilment
- Affiliate Marketing
- Influencer Marketing
- Instagram Advertising
- Brand assets
- Customer databases
- Existing manufacturing relationships
- Inventory on hand or on order at the time of closing
- Marketing materials and collateral
- Relevant email accounts
- Social media accounts
- Website files, source code and content
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
My name is Darryl, an enthusiastic entrepreneur, who has started many successful e-commerce business.