How to wisely choose the best cannabis products’ manufacturer?
The Current State of the Hemp Industry
Hemp industry currently is at an all-time high (capital-wise) with booming CBG, CBD, and THC products’ branches. What is more, CBN, which is currently undergoing clinical trials for insomnia in Australia [1], is steadily stepping on its own as a new wave of cannabinoid products. The rising popularity of CBN isolate, researched for its potential sleep-promoting properties, is a prime example of this trend. Beyond the aforementioned major cannabinoids, there is also a vast choice of minor cannabinoids that have not yet gained so much attraction – CBC, CBDV, CBV, CBL, CBDA, and others. And in such a high-paced market the choice of raw ingredient providers for a final goods manufacturer is virtually endless! Thus, how can one make a wise decision?
The Importance of Choosing Wisely
As the saying goes – buy cheap, buy twice.
A trustworthy brand can only build trust by providing the high quality consistent product in the right time frame to the customer. This means that a good final goods producer should wisely choose raw ingredient supplier, the one that offers:
- Reasonable shipping times
- Good customer support
- Custom formulations
- In-house and third-party testing (and provides certificates of analysis for each batch)
- Reasonable pricing (this does not mean cheapest!)
- Rapid problem solving (there is no business where issues do not arise)
- Consistent and market standards fulfilling (high to highest) quality products
Indeed, some suppliers do not provide some of the extras mentioned above and that is completely natural as no company is ideal, however, if a lot of these core aspects are missing – that should be a red flag and you should think twice whether it is a suitable business associate.
Pros and Cons of Less Reliable Manufacturers
There are many pros and cons of dealing with less reliable B2B manufacturers, with benefits, usually, being lower prices and fast shipping of goods. On the other hand, there are lots of possible pitfalls when dealing with such manufacturers:
- Inferior products with potential contamination
- “Sell fast and vanish” suppliers
- Lack of third-party testing
- Potential issues with production schedules
Steps to Choose the Right Manufacturer
So, what should you do?
1. Define Your Brand: Decide who you are as a brand, your core values, target clients, and business practices.
2. Research Potential Suppliers:
- Find a list of 10 – 20 manufacturers online
- Evaluate their websites and offerings
3. Rate the Companies:
- Based on a match between your values/needs and their offerings
- Consider quality criteria, customer support, payment terms, shipping times, and communication
4. Contact Top-Rated Companies:
- Arrange personal calls
- Ask for facility tours if planning large orders
- Inquire about testing processes and pricing
5. Place Your First Order: Choose the best option and start with an initial order
Dealing with Potential Issues
In a globalized market, minor issues are to be expected, such as shipping delays, communication challenges, or order mix-ups. These typically improve after the first successful order.
Conclusion
If you’re starting a B2C brand in the cannabinoid industry or searching for a better alternative to your current supplier, consider contacting Sanobiotec. We are a market-leading minor and major cannabinoid manufacturer based in Europe, offering:
- Third-party tested products
- State-of-the-art manufacturing facility with advanced analytical equipment
- Diverse portfolio including CBD, CBG, CBDV, THCV, CBC, CBN, CBDA, CBGA isolates, oils, broad spectrums, and water solubles
- Commitment to providing the purest, highest quality products at fair prices with fast delivery
Don’t hesitate to book a call with us!
Sources
https://clinicaltrials.gov/ct2/show/NCT05344170
