Trying to sell CBD oil on Shopify can be a complicated process if you don’t know what you’re doing. There are so many factors to consider.
The first problem with selling CBD oil is that it’s an unregulated industry, and it’s pretty hard to get approved by Google when they see a lot of sketchy sites popping up all over the place.
To simplify things for you, let’s go through everything about selling CBD on Shopify so that you can start making sales immediately.
What is CBD?
CBD (Cannabidiol) is a compound derived from the cannabis plant with numerous health benefits and is used as a natural pain and stress reliever. The compound is non-psychoactive but can be sold in all 50 states because it contains less than 0.3% of THC, the primary chemical compound in marijuana that causes the “high” sensation.
Tons of people use CBD to treat their ailments without getting high because it doesn’t contain THC. This means that CBD oil can be sold freely across the country without breaking state laws.
People can also buy CBD oil online without a medical card in states where marijuana isn’t legal yet.
Legal Requirements to Sell CBD on Shopify
With a chemical like CBD, it should come as no surprise, but Shopify must protect itself legally. The first step is to complete the “Attestation for the Sale of Hemp and Hemp-Derived Products.”
This document simply states that as a CBD products seller, you will follow all national, state, and local regulations that apply to these transactions. It also protects Shopify’s bottom line, which is a clever way of stating that you can’t blame Shopify if you violate regulations.
It also implies that it is your job to stay up to date on CBD-related legislation in the areas you operate.
With CBD, regulations are a shifting target; it is completely possible that other states may reverse course and overturn the current state legislation. Keep up to date on federal and state rules if you’re starting a CBD business on Shopify or other online marketplaces.
Content crafter Alex Wilmont has been active in the payments industry for over 15 years. He lives simply, gives generously and loves his 2 dogs. His mission is to enhance and innovate the fintech industry through solutions like Crypto Payments for years to come.