The cultivation and infused products/concentrates sectors are particularly lucrative, with 29% of wholesale growers and 27% of infused companies saying that they are “very profitable.”
Startup costs are often much lower for infused companies vs. cultivators and retailers, making it easier to turn a profit. The initial cost of the equipment includes:
- A CO2 extraction machine will cost approximately $150,000 to $450,000 depending on productivity.
- A rotary evaporator and centrifuge will cost $30,000 to $100,000.
Additional costs include but aren’t limited to buildings, licensing, or the infrastructure and hourly wages for technicians that will be needed to operate that equipment. And, if you are not growing your own product of course you must factor in the cost of the raw materials (trim) that varies by state.
Cannabis Extraction Business Plan
If you are going to start a Cannabis Concentrates Business, using super-critical CO2, Ethanol, Butane, Water-based or other extraction methods with or without post-processing operations for refining downstream into concentrates, Cannabis Extraction/Concentrates Business Plan Template will help you to create a professional business plan as part of your cannabis processing license application and prepare to the meeting with potential investors.
Cannabis business conditions differ from province to province and if you have planned to set up your own cannabis extraction/concentrates business, then you must comply with the laws of your particular location. Licensing requirements will also depend on on the type of business you wish to start. Someone who operates a grow house will require a completely different type of license than someone who owns a cannabis extraction facilities.
The Cannabis Extraction Business Plan is prepared based on the existing knowledge of consultants regarding the Marijuana Industry in general and is specific to State.
Cannabis Extraction Business Plan – Table of Contents
PROJECT SCOPE/COMPANY OVERVIEW
Products & Services
Global Market Overview
Target Sector Analyses
Cannabis Sector Projections and Perspectives
STRATEGY & IMPLEMENTATION
Online Advertising Obstacles
Alternative Online Advertising Options
Province Cannabis Laws
Legal & Security Plan
ORGANISATIONAL STRUCTURE & MANAGEMENT
Profit & Loss Forecast
Cash Flow Statement
Income Statements, monthly
Cash Flow Statements, monthly
Should you have any questions, please do not hesitate to contact us.
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