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5 Most Common Mistakes When Starting an Extraction Business

Learn to avoid these common pitfalls when starting an extraction lab. Our CTO, Nick Tennant breaks down the 5 most popular overlooked or miscalculated steps in creating your cannabis business plan. Taking the appropriate steps to planning and advice can help ensure investing in cannabis will be both lucrative and stress-free. Our extraction experience comes from thousands of equipment installations and countless cannabis laboratory designs with startups and multi-state operators. 0:57 - #1: Not Understanding Your Market & Product Plan 2:55 - #2: Not Selecting the Right Location for Your Extraction Lab 4:04 - #3: Not Partnering With the Right Vendors 5:05 - #4: Not Using a Subject Matter Expert 6:16 - #5: Not Accounting for Setbacks To learn more about the compliance and regulations of opening an extraction lab facility, WATCH our video • Extraction Explained: Cannabis Compli... . To LEARN MORE about Precision Extraction equipment and lab design services, please visit https://precisionextraction.com/.

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