Product-as-a-Service (PaaS) 

In a product-as-a-service business model, consumers pay for the product's performance, usage, or outcome, but do not own the product. Instead of selling products, companies offer their products as services. For instance, instead of selling a small processing unit for hemp stem, a company might provide a subscription-based business model that could include additional services like machine maintenance, repair or workshops and training. This model encourages companies to not only create products that last longer and are easier to maintain but also support education of the community and help it grow. The duration or contract length is designed to carry on as long as the customer needs it. When they return the product, the owner can move it to another rental cycle.