9. Cannabis cosmetics
Many South Africans have started their own businesses by creating natural beauty products. You could launch a cannabis beauty products business. You would have to start with CBD products as retailing traditional marijuana is still illegal.
Businesses are selling everything from cannabis creams, face washes, shampoos and candles all of which can be made at home and sold at dispensaries or farmer’s markets.
Where you can find an example:
There are numerous examples of CBD and cannabis oil cosmetics businesses, here are just two:
Local: https://www.panaceaoil.co.za/skin-cream/
International: http://www.cannila.com/About_Us.html
How you can launch this business opportunity:
- You have a 24-month runway to develop products, find out what users are looking for and start selling, while parliament decides what their next steps are.
- Keep in mind that you will need to abide by health and safety requirements for beauty products, or if you prefer you can just import a ready-made product and sell it in the South African market.