Medicinal and Botanical Manufacturing in Minnesota
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in Minnesota.
#17 of 50 states-28.8% vs national avg
Average Revenue
$15.0M
per year
Businesses
12
in Minnesota
Revenue / Employee
$396K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.2
firms per 100K in MN
Total Revenue
$179.6M
all firms in MN
Total Employees
454
in MN
How Minnesota Compares
National Average$21.0M
Minnesota$15.0M
Difference$6.0M (-28.8%)