Medicinal and Botanical Manufacturing in New Mexico
Revenue benchmarks for medicinal and botanical manufacturing businesses operating in New Mexico.
#34 of 50 states-82.5% vs national avg
Average Revenue
$3.7M
per year
Businesses
9
in New Mexico
Revenue / Employee
$243K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in NM
Total Revenue
$33.0M
all firms in NM
Total Employees
136
in NM
How New Mexico Compares
National Average$21.0M
New Mexico$3.7M
Difference$17.3M (-82.5%)