With the legalization of marijuana across many states, dispensaries and medical marijuana providers now have access to online shopping for weed, you can find the best prices on all your favorite strains, products, and accessories when you shop online.
While some retail outlets may advertise lower prices than their competitors, they will most likely charge more than other vendors, new opportunities also mean more competition, and some dispensaries are now offering exclusive deals to stay ahead of their competition.
So how do you take advantage of these deals? Keep reading for tips on how to negotiate a lower price with suppliers and get the best prices on your medical marijuana purchases.
Know When to Negotiate
Many times, suppliers are willing to lower their prices if you are willing to buy a large quantity of their product. Some suppliers might also offer lower prices for cash instead of using a payment gateway, however, there is also a chance that they just want to get rid of their product, so don’t be afraid to negotiate.
You should always start low and talk it up from there, it’s important to maintain a calm and professional demeanor when negotiating, neither buyer nor seller should lose their temper.
Educate Yourself on the Supply and Demand for Weed
Before you go bargain shopping for the best weed deals online for medical marijuana, find out how popular the strain you are looking for is, if you don’t know what’s popular in your area, you can look online for customer reviews.
If you don’t know what strain you are looking for, you can find out what medical conditions your patient might benefit from, you can also use the strains that are associated with a certain condition as a guide.
- You can also look up what ailments are on your state’s list of approved medical conditions.
- You can find this information by going to your state’s medical marijuana portal, while you are researching the best strain for your patient’s ailment.
- You can also see how much demand there is for that strain.
As a medical marijuana provider, you will have to deal with the demand for certain marijuana products, like edibles and concentrates.
Know the Different Types of Marijuana Supplies
When you are negotiating with a supplier, you will have to shop for different marijuana products, depending on the ailment your patient is suffering from.
- Flower: This is the raw herb that is used to make edibles, oils, and tinctures, it is a combination of cannabinoids and terpenes.
- Extracts: This is the liquid or solid extract of marijuana that can be vaporized, taken as an edible, or used in some other manner.
- Concentrates: This is the purest and most concentrated form of cannabinoids, it can be smoked, vaporized, or used in edibles and other products.
- Shelled / Cured: This is the raw product of marijuana and has not been processed, it is usually used for making edibles, oils, and tinctures.
Don’t Be Afraid to Haggle
Haggling for lower prices is not only allowed but is expected in the marijuana industry not only are prices lower than retail stores, but haggling over prices can also be much more profitable than retail.
The profit margin for many online marijuana shops is as high as 50%, when you are haggling for a lower price, be aware of the following:
- Don’t be offended if your supplier starts low. Be professional, but don’t be afraid to haggle.
- Don’t be afraid to ask for a better price if you’ve been offered a decent one, let them know what you think is a fair price.
