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Thursday, April 12, 2018 10:42:18 PM
The interface of the testing technology and especially edibles is a challenging process meaning that if you're very good at that specialized testing service... as $evio reportedly is... then you can gain way more of a market share of a high revenue product- more than might even appear reasonable economically.
Look at it this way.
if a flower test is 300$ in bulk and there are 8 different labs chasing business in a region
vs.
An edible test might be $500-$800 or more in bulk
(depending on the substrate - and how transparent the mfg. is about ingredients...if you dont know what exactly is in it its a hit and miss proposition to get accurate tests without fucking up the calibration of the various devices and having to reset- im no chemist or labtech just some research)
-but there may only be two or three labs capable of providing accurate timely and consistent edibles testing, and in some regions there may only be a choice of one. Looking at it this way gets really interesting when across the country edibles are near around 40% of total market share and trending upwards.
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