By Marijuana Business Daily staff
Making marijuana-infused chocolate bars, sodas, oils and patches can be a highly profitable endeavor.
Profit margins for infused products and concentrates companies in the cannabis sector typically hover around 32%, according to data in the 2016 Marijuana Business Factbook.
That’s significantly higher than the average for businesses that make other consumer goods such as alcohol, soft drinks and cigarettes.
The relatively high profit margin for companies that make marijuana edibles, topicals and concentrates shows why entrepreneurs are rushing into this part of the industry in states that allow the production and sale of infused