Medicinal and Botanical Manufacturing in Maryland
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in Maryland.
#1 of 50 states+248.4% vs national avg
Average Revenue
$73.2M
per year
Businesses
6
in Maryland
Revenue / Employee
$490K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in MD
Total Revenue
$439.3M
all firms in MD
Total Employees
897
in MD
How Maryland Compares
National Average$21.0M
Maryland$73.2M
Difference+$52.2M (+248.4%)