How Much Can You Earn with a Hemp Vending Machine – and with Several?
In this article, we address one of the most frequently asked questions we receive from our potential customers—owners of cannabis shops, grow shops, tobacco stores, bars, and other businesses:
“How much can you earn by installing a hemp vending machine?”
And what if I install two or more machines?
Let’s start with a simple observation: Every time a customer buys a product from your hemp vending machine, it’s an additional sale—often from someone who, for various reasons, wouldn’t have entered your store. Some hemp consumers prefer the privacy of buying without interacting with a salesperson, while others simply pass by outside of your business hours.
The COVID factor must also be considered: Due to lockdowns, many shops were forced to close for indefinite periods. Store owners who had set up 24-hour self-service machines were among the only ones in the industry who could continue operating. Even now, while the pandemic is no longer as severe, there are still restrictions that limit customer access, sometimes requiring them to queue outside. To save time, more people are opting to buy their hemp and CBD products directly from vending machines, avoiding long waits.
For whatever reason, placing a hemp vending machine in your shop window increases sales. We’ve heard this directly from our customers, who confirm the strategic value of their investment. Some have told us that without their Harvin vending machine, their store’s revenue in 2020 would have been almost zero.
But what are the economic benefits of a vending machine under normal conditions?
Investing in a hemp vending machine is clearly a business decision that goes beyond the current situation. Based on what our customers told us even before the pandemic, a CBD vending machine can increase revenue by 10–30%, as it allows for extended “opening hours”—selling at night, on weekends, and on holidays.
What happens if you install more than one hemp or CBD vending machine?
Naturally, your sales opportunities and profits increase. You can also expand your product range to include hemp-related items of various kinds—such as CBD cosmetics or hemp-based food products, including chilled items like hemp beer and drinks.
Not to mention that a cannabis vending machine—especially when customized with your branding, colors, logo, and messaging—can become a key part of your shop’s image and brand identity through our packaging techniques.
Of course, there may be spatial limitations—some storefronts only have room for one machine. However, there are still many options for those who want to expand their business and fully leverage the additional revenue that vending sales can bring. We discussed this in a previous article, but the hemp market is constantly evolving, and there are certainly updates to our earlier piece: “Where Can You Place a Hemp Vending Machine?”
Scaling Up: Multiple Locations and Third-Party Placement
Many of our customers with multiple stores have purchased several hemp vending machines, multiplying the revenue of each store. Others have pursued a different strategy by placing their CBD machines in third-party stores and high-traffic areas like metro stations, bars, shopping centers, local markets, and even pizzerias.
Partnering with third-party businesses by installing one or more hemp/CBD vending machines is a very profitable strategy since there are no additional costs. Typically, you negotiate a revenue share (usually 15–25%, depending on your negotiation skills) with the host business. The more vending machines you place in your area, the more income you generate—with the added benefit of growing your brand presence, and all without the cost of opening new stores or franchising.
More Ways to Monetize: Become a Harvin Distributor
There are many ways to turn your investment in CBD vending machines into profit. For example, you can become a Harvin distributor and open up a new revenue stream in the green economy by selling our hemp vending machines with an exclusive regional contract.
Interested in joining our partner network? Get in touch and let’s talk about how we can work together.
The Rise of Fully Automated Self-Service Stores
You may have noticed the growing trend of fully automated self-service shops, especially in the last two years. The phenomenon is now well established, with a booming market across various sectors—from classic snacks and drinks to highly niche “vertical” experiences, such as fully automated stores for sex toys, adult products, and even Bitcoin transactions.
Naturally, the legal cannabis sector couldn’t miss this opportunity. Several companies are already operating in Europe with dozens of automated stores. All you need is a small space, even just 10 square meters—or sometimes just a window—equipped with a vending machine, a video surveillance service, no employees, and maybe one to four cannabis vending machines, and you’re in business!
So, what are you waiting for?
Invest in one or more CBD vending machines today!
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