Medicinal and Botanical Manufacturing in Massachusetts
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in Massachusetts.
#3 of 50 states+166.8% vs national avg
Average Revenue
$56.1M
per year
Businesses
19
in Massachusetts
Revenue / Employee
$1.0M
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in MA
Total Revenue
$1.1B
all firms in MA
Total Employees
1,050
in MA
How Massachusetts Compares
National Average$21.0M
Massachusetts$56.1M
Difference+$35.1M (+166.8%)