How is the market for THC extract looking? I mentioned all this information to my guy and mentioned that we may want to pivot. He has experience growing marijuana so a small-scale artisan style extract business could also be something that we can do. He did mention that licensing is much harder but he will speak to his lawyer about it.
To drive the point aaaall the way home
I feel like hydrocarbon extracts have a niche market but if youâre extracting with ethanol and making distillate the market is pretty bleak too- Thank you Kenosha Boys.
Market is about as hot as a 3 day dead prostitute. The THC market is a little better as the barrier to entry is higher but market is also saturated.
Prob more likely to succeed in cannabis but itâs not a slam dunk.
If you do go the CBD route and you have retail sales channels you might make some money but here in CA everyone has a CBD brand itâs a joke how many people are in it around here. Nobody seems to be making money either