I’ve been reading this forum for a while and I find the intricacies of these processes fascinating. I’m considering building a lab and I’ve been researching the equipment and procedures. My concern is I set up a lab and produce X amount of distillate a month and then what? How is distillate sold? I’ve seen the online marketplaces, are those the only outlets? I’m just worried that I spend a bunch building a lab and then not have an outlet for the final product. Is there enough market for wholesale CBD distillate from illinos to make it worth while?
your best bet would be vertical integration and set up a way for you to funnel the cbd into your own product line. margins will be much greater than just wholesaling disti
The market is flooded right now. We produce way more than we consume in the U.S. currently and there are other elements affecting demand right now as well not the least of which is the FDA and their lack of action other than irresponsible twitter comments. Do your homework, go to stores and ask them how much product is actually moving off the shelves and do the math to see how much a kilo of distillate or isolate makes. There is also a useful article here that you might take time to read:
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I will check that out. Thank you.
RIght now the market is flooded. Your best best would be to make connections with those who buy it now. I have heard some getting contracted before making it (although even that isn’t a sure thing either) You can try the online markets out as well or you can use a broker (one that feels comfortable giving you references when asked). I am a broker, amoung other things, and I can say in over a year Ive had one such deal for this…