Marijuana Business Factbook 2019

272 Marijuana Business Factbook 2019 Chapter 6 | Cannabis Testing Labs and Ancillary Firms © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. CHART 6.18: How Profitable Are Ancillary Technology & Products Companies? Note: "Losing A Lot Of Money (expenses and taxes exceed revenue by more than 25%); "Losing Some Money" (expenses and taxes exceed revenue by up to 25%); "Moderately Profitable" (up to 25% of revenue left after expenses and taxes are paid); "Very Profitable" (more than 25% of all revenue left after expenses and taxes are paid). Source: 2019 Marijuana Business Factbook © 2019 Marijuana Business Daily, a division of Anne Holland Ventures Inc. All rights reserved. How Profitable Are Ancillary Technology & Products Companies? 0% 20% 40% 60% 80% 100% Level Of Profitability 9% 9% 25% 41% 16% Very Profitable Moderately Profitable Break-Even Losing Some Money Losing A Lot Of Money Ancillary technology and products companies fared slightly better than ancillary services firms, with 82% indicating they are breaking even or are moderately or very profitable. Overall, less than a fifth of ancillary technology and products companies lost money in 2018.