With extracted cannabis-derived products making up about 50 percent of all cannabis products sold, extraction equipment is in high demand. Here to tell us more is Nick Tennant of Precision Extraction. Learn more at https://precisionextraction.com  Key Takeaways: [00:52] An inside look at Precision Extraction, the industry leader in cannabis extraction equipment, C1D1 lab planning, and extraction training [1:40] Nick’s background in cannabis and what led him to start Precision Extraction [4:28] Biomass and why it’s a critical component of cannabis extraction [9:04] How Precision Extraction’s diverse line of equipment is designed to accommodate different production needs [13:14] Shifting consumer trends in cannabis-derived products and how Precision Extraction’s clients are able to adapt more quickly  [22:34] Why Precision Extraction freezes biomass before the extraction process [25:09] The most common mistakes Nick sees new business owners make when trying to develop cannabis-derived products  [27:32] How Precision Extraction’s premade C1D1 lab containers known as “Extraction Pods” are saving businesses time and money [29:35] How Nick sees the cannabis extraction market evolving over the next 3-5 years