Chart: Most marijuana infused product companies have diversified their offerings

By Eli McVey 

The lion’s share of cannabis infused product makers have chosen to expand into multiple categories of goods rather than focus exclusively on a single segment such as edibles, concentrates or topicals.

The diversification appears aimed at allowing infused product companies to maximize their revenue in a competitive environment that grows more intense by the day.

Data published in the newly released Marijuana Business Factbook 2017 shows that nearly 70% of edibles manufacturers produce other products such as concentrates and topicals. Sixty percent of concentrates manufacturers also offer a diverse product mix.

Despite the dominance of

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Chart: Most marijuana infused product companies have diversified their offerings is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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