Medicinal and Botanical Manufacturing in Nevada
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in Nevada.
#32 of 50 states-80.0% vs national avg
Average Revenue
$4.2M
per year
Businesses
10
in Nevada
Revenue / Employee
$400K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in NV
Total Revenue
$42.0M
all firms in NV
Total Employees
105
in NV
How Nevada Compares
National Average$21.0M
Nevada$4.2M
Difference$16.8M (-80.0%)