The cannabis extraction market is an exciting one. With the U.S. market predicted to hit $5,940 million by 2026 according to Facts and Factors, and the global market $28.5 billion by 2027 as reported by Grand View Research, everyone is getting in on the action.
What these compelling numbers don’t describe are the continued volatility and real-world limitations cannabis extractors face scaling their production. Growing isn’t always easy in the extraction space. Extractors must navigate the ever-changing landscape of new markets, regulations, and consumer demands, all while staying profitable.
Growing an extraction business is about flexibility and future-proofing investments. Because pivoting as a processor isn’t always possible, planning for growth from the start is the key to success.
So, what can a concentrate maker plan for today to ensure future growth is as smooth as possible?
