Buying Marijuana has been ratified as legal in certain states in the US. Therefore, the locals are looking for setting up new businesses entailing the buying and selling of marijuana.
The Ease of Buying Online:
Pertinently, it seems more feasible to buy marijuana online, due to the advent of e-payment methods that are being mostly employed in the e-commerce businesses around the world. All that is required for online purchase is to send an order mentioning the relevant quantity of marijuana to an online authoritative distributor of marijuana. This takes only a couple of minutes by using the internet. On the other hand, travelling to visit the seller of marijuana in-person may entail the cost of travelling and several other externalities such as the fatigue associated with travelling, etc. Therefore, most of the customers prefer buying it online, because it provides the customers with the ease of the availing their desired product.
In order to sell marijuana online, the interested sellers of marijuana should create an online platform where the buyers of marijuana could be able to send an order for purchasing a certain quantity of marijuana. A copy of that order should be delivered online to the seller and to the customer. The customer should keep the copy as a record of the order made to the seller.On the other hand, the seller should review the copy order and act upon it by supplying the ordered quantity of marijuana to the customer.
Cash-on-delivery Business Model:
Nowadays, it is more feasible to pursue such a business on a cash-on-delivery business model. In this business model, the seller uses the services of an independent shipper who transports the amount of product to the customer. That is, the shipper receives the relevant amount of marijuana from the seller and delivers it to the customer. The customer, upon receiving the ordered marijuana, provides the cash to the shipper. The shipper pays the price of the relevant quantity of marijuana to the seller in advance. Hence, in such a business model, the duty of transporting marijuana is divided between the seller and the shipper.
On the other hand, the modern-day e-payment methods have further reduced the burdenof handling cash. The customers can transfer the amount of money directly to the account of the seller who can pay the shipper a certain amount to transport the ordered marijuana quantity to the customer’s address. Online payment of cash saves the seller, the shipper, and the customer from the security risks of getting rubbed down in the way.
It is pertinent to mention here that most of the online vendors of marijuana are selling this drug only for medical purposes. However, online buying of Marijuana in such states can produce an externality for those states that have not legalized marijuana. That is, the residents in these states may order marijuana online to the vendors in the states where selling Marijuana is legal and can get it as well.