Cannabis is the world’s most widely produced, trafficked and used illicit drugs. And, since demand to make it legal in many countries is on the verge of becoming a cannabis producer, manufacturers, investors and researchers are especially attracting interest.
According to Grand View Research, by 2025 the legal market for cannabis would cost $66.3B. And two key factors – legalisation of cannabis and rising demand for medical apps – are driving this business dimension. The rise is in industry participants and not just in the customer base.
Planting, cultivating and distributing cannabis is one of the most rapidly developing sectors in the United States. Where cannabis is legal, there is tremendous benefit for people and companies involved. And they successfully produce more sales flows and double their earnings than they have in the past with the Uber for marijuana app.
For entrepreneurs to view the domain as a prospective business, the revenues generated by the Cannabis market are sufficient to invest capital in high returns. But it’s important to do some research to find out how these applications work before you dive into this business. If you’re a startup and want to take advantage of this emerging industry through the creation of a cannabis delivery app, read along this blog.
Cannabis Market Size & Growth In Recent Years
Here are certain facts and stats about the Cannabis market size and the recent trends in the past couple of years.
In 2016, 13% of Americans are knowingly weed-based, which is double that of 2013, according to the most recent survey.
- The same study shows that 22.1% of Americans between 18 and 25 years of age (from this survey) used the herb in the past month.
- Marijuana was authorised as of February 2019 for persons over the age of 21 in 10 US states. Columbia District, Colombian District, Massachusetts, California, Alaska, Main, Washington, Colorado, Mexico, Vermont, Maine. In 33 US states, however, medical marijuana is now legal.
- Maryland’s sales of medical marijuana amount to $95. In the first year, four million.
- In 2018 the North American marijuana industry spent $10 billion.
- An estimated $16 billion will be earned by North American marijuana by the end of 2019.
- North American public enterprises earned $24.6 million on average in January 2019.
- By 2030 it would amount to 80 billion dollars in the US cannabis industry.
Top On-Demand Cannabis Delivery Applications
Looking at its advantages, many policymakers build an attractive business climate in which marijuana on demand is distributed by eliminating decades-old restrictions. And the market clearly sees the benefits of this very acclaimed move. Many businesses in many parts of the United States have begun to supply cannabis over the past few years.
Here is the list of top cannabis suppliers who successfully run their company with the mobile app, bundled with features.
- Eaze
Eaze is the medicinal cannabis application based in the USA. It was launched in 2014 by Keith McCarty in order to provide patients in California with medical cannabis.
The business provides consumers with a mobile app to order cannabis and other legal weeds. Keith operates an Uber-style cannabis distribution business and has been dubbed ‘The Uber to Pot’ by its business Eaze.
Eaze is an experienced cannabis supplier. The figure showed growth of 300% in 2017. It hired 81 people and hired more than 250,000 people.
In its series A of funding rounds, Eaze raised $10 million in 2015. In the course of its funding round B in October 2016, Eaze raised over $13 million. Eaze raised $27 million in risk financing in September 2017. Overall, since its launch in 2014, Eaze has bagged 52 million dollars.
- Weedmaps
Weedmaps is a technical organisation that helps users to discover local cannabis shops and purchase medical cannabis. The Uber model does not follow weedmaps. But it makes it profitable to operate a company on the traditional model with a broad user base.
It incorporates local clinic feedback and the functionality of social networking to create an online community. A customer can talk in the Weedmaps forum about cannabis and its medical use, and also ask other patients questions.
If you are not ready to run an Uber-style weed delivery service, the Weedmaps clone application is your best option. To learn the costs of the Weedmaps clone script, you can contact us.
- Budly
Budly Software is a development software company that has developed and called Budly a cannabis distribution app. In all of California it offers medical weed. The fact that Budly has 100 items and a workforce of 120 carriers have delivered more than 1 million orders to 15,000 users is recorded on the official website of Buddy.
Budly ‘s interface is really simple. However, the app allows users to add photo ID and referral for the doctor when signing up.
Business Models For A Cannabis Delivery Application
- Aggregator Model
An aggregator mode is something you build a shared forum to unite shops and customers. You process orders from store or service providers, such as Amazon , eBay and AirBNB, and deliver goods or services to your clients.
- Single Store
You can start your own shop and keep your distribution under your department in this particular model. You will collect both the shipping charges and the shop from a single shop.
- Delivery Specific
You should make sure you’re a provider for marijuana supply applications in the particular model. You must only execute and distribute your orders from the suppliers of marijuana to your client.
You can choose whatever model you want, depending on how you want your app monetized, but something popular in which model you select is the required feature list, irrespective of whichever model you choose.
Features To Include In Your Cannabis Delivery Application
It is time to develop your own app for the successful implementation of your strategy if you do all the investigations about the above aspects. Bear in mind that you must create three separate panels for the same client, driver and admin panel during the production of an app for cannabis supply.
Here are the main characteristics to be included in your application:
For The Customer Application
Simple Registration
A consumer does not have trouble with the registration process. Although they should not have to follow many long processes when entered into the mobile app, without sufficient identity and age inspection they should not be able to access it.
- Online Ordering
Make buying cannabis easy for patients and consumers using your application – provide them with a convenient online shopping experience. To view your menu and most requested items, you should be able to register for the app or website.
- Order Tracking
You can use APIs to provide users with live tracking functions. You should have a good idea of where your order is and how long they are going to get the same. In addition, you can also suggest offering them a live tracking option if the distribution is through a medium that is in a field close to the user’s own.
- Payment & Verification
You can also have an app for uploading ID evidence or prescription to search for your users. Following an instant search, payments can be made with top-notch protection via debit or credit cards.
- Reviews & Feedbacks
Any great service is demonstrated by the ratings it receives. And, if your customers can compare their goods, you will have the option to know how well your service is known on the market.
For The Driver Application
Order Notification
Let your drivers access user data , monitor tasks and travel to delivery agencies easily. When an order is placed or delegated, you must receive updates.
- GPS Tracking
In order to indicate the direction and exact address of the customers and the shops, the driver application should have a proper GPS integration from where it would make and take delivery.
- Delivery Status
The drivers should be able to update the delivery status – en route, arrived, shipped order, and collected payment etc.
- Profile Management
The driver should be provided with the opportunity to manage his profile and provide information such as name, address, identifying documents, contact details, etc.
For The Admin Panel
Order Dashboard
A dashboard from which you can monitor, display and administer all activities on a platform in real time should be provided for the application management.
- Listing Management
This choice will allow admins to adjust the inscriptions, alter the app costs, eject posting if it is fishy, etc.
- Order Management
Admins should be able to control all applications received, track their status, answer user inquiries, review payments, etc.
- Feedback & Review
Administrators should be allowed to access, address and act on customer reviews comments.
Costing Of Developing A Cannabis Delivery App
Given that the characteristics needed for a cannabis delivery app are more than those needed in a regular on-demand delivery app such as Airbnb and Uber, building costs often grow.
The cost of developing the cannabis delivery application which varies from US$ 30 000 to USD 40,000 if you want to include all of the important features mentioned above. It is just a rough calculation, on the other hand, that can adjust according to your business needs.
It’s time to proceed, now you know it all. Speak to our experts and make your grand entrance with a bang to this developing industry.
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