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fiveteenthirty

04/12/18 10:42 PM

#42935 RE: Beniemac #42933

That might be for one test alone.. But i think that frequent clients w/ volume get discounted. That real sweet $EVIO cashflow comes from the testing of oils, concentrates and edibles. Those are the double dips. People love their vape pens.

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.