Cannabis manufacturing is like operating three separate businesses at once and is the ultimate in ”high... View more
Cannabis manufacturing is like operating three separate businesses at once and is the ultimate in “high risk, high reward” endeavors. The potential profit margins in manufacturing are substantially larger than in other parts of the industry, but the sector’s complexity makes it a true logistical puzzle. Cannabis manufacturers must plan for extraction, formulation, and packaging – each with its own unique set of questions and challenges. When attempting such a complex business endeavor, entrepreneurs must start with extremely detailed plans and procedures for a clear path forward and the right guidance in order to succeed.
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