Maximizing the ROI of Your Cannabis Testing Laboratory Understand the hidden costs and risks to optimize your business plan The “green rush” is far from over. Legalization of cannabis continues to expand throughout the United States. According to recent research, the cannabidiol (CBD) market is poised to grow from just over $2 billion USD in 2019 to $39 billion by 2027, with a compound annual growth rate (CAGR) of 46.4% during that period. 1 The market trajectory remains positive in the face of downward price pressure due to commoditization, and despite the coronavirus pandemic (cannabis enterprises are widely designated as essential businesses). So, what is the best way for your lab to maximize return on investment—with minimal cost, complexity, and risk? Clearly, this

Join for free to read