01 May Now that I have Extracts, what are my Options to Refine the Extracts?
The market fundamentals for this industry are spectacular. Federal regulation has set up state by state markets which have spurned many thousands of small business owners to capitalize on a local market without any major competitive threat from a national player. Many business professionals look at the market fundamentals and then try to determine their point of entry. They typically visualize the final products and then work back through the process that is needed to get to that end vision. Some information is needed to take advantage of this market including:
- What products can I make from the oil that comes out of the extractor?
- Where will I get my raw materials?
- Who will buy them from me?
In this post, we will focus on the first question. Many people who want to get in the business of extractions often wonder what happens after the oil comes out of the extractor. Further, some wonder why any further refinement is needed at all. In the following gives a summary overview of the various options available for refining extracts.