[Calculator] Supercritical CO2 Extractor Revenue, Cost and Investment
Hemp Processing Revenue and Investment
A hemp processing business utilizes all components of the hemp plant in a variety of ways to produce a significant profit. Different parts can be used to create CBD oils, tinctures, isolates, sprays, items, fabrics, and much more. Specifically, hemp stalks may be manufactured to generate rope, cloth and other textiles. The flower element of hemp is primarily used to process CBD oils and potent CBD extracts that are consumable. Many advocates of hemp claim that it can be used in an impressive estimated 25,000 different products.
Best Environments for Hemp Processing to Generate High-Quality Products
Typically, hemp processing equipment can turn one acre of hemp into approximately 700 pounds of hemp grain, 5300 pounds of straw, or 1300 pounds of fiber. It is best to provide nutrient-rich soil and to regulate temperatures as best as possible. An individual may use a cover or shield for hemp plants, if inclement weather occurs to limit harmful exposure to the elements.
Adjust slider values in order to represent your specific business.
Most Beneficial Tips and Equipment for Processing Hemp Material
To process or extract the necessary substances from the hemp plant, begin by carefully removing the flower from the shiv and hurd of the plant. Specific hemp farming equipment, such as a hemp bucker, must be utilized.
Hemp processing equipment has a multitude of options for individuals, depending on the amount, efficiency, and type of CBD product that is desired. A continuous-countercurrent reactor, for example, separates hemp fiber from the hemp stalk. The reactor uses a liquid component to emulsify the product.
Similarly, an R-2 Decorticator System separates hemp effectively and is semi-portable. Due to the size, this equipment piece is not the most practical. It will yield a minimal product throughout the hemp process. These separations processes are necessary for proper extraction methods
In terms of extraction, ethanol processing extraction methods and equipment can be completed quickly and effectively; however, it may leave behind harmful toxins due to prevalent use of denatured ethanol. The denaturants in this extraction method can potentially find their way into a final CBD extract in trace amounts making their day to day consumption questionable at best. Not to mention, the operational costs of ethanol extraction can be incredibly costly - more on that later.
In comparison, supercritical CO2 extraction is incredibly more cost-effective in the long-term, and far safer in terms of product formulation. CO2 is a natural solvent that is very selective, safe and cost efficient for extractors. Due to its relatively cheap price and loss of solvent loss during the extraction process, this extraction method is far more effective and sensible for extractors looking to make safe, quality products while maintaining a cost of operations that is manageable for years to come.
Talk to an expert to choose the right extraction method for you.
We have the perfect machine for small, medium and large producers. Our model line makes it easy for you to scale your operations while keeping your operating costs at a minimum.
To gain the most profit from your product look for the following features in your CBD Extraction Equipment:
· Highest Yield and Daily Throughput
· Smallest Footprint
· Low Operating Costs
· Unlimited Scalability
· GMP Compliance Support
· Training of Your Labor Force
· Documented Standard Operating Procedures (SOPs) for All Processing Steps.
All of these features are available in extraktLAB’s extractors. ExtraktLAB’s line of supercritical CO2 extractors are the most advanced, efficient, and powerful extractors in the hemp and botanical extraction industry today.
Features and Product Yield of the Supercritical CO2 Extractor Machine
ExtraktLAB’s supercritical CO2 extractors are the best option for those who want to gain the most profit from an efficient, streamlined process. Every one of our extractors has high-tech automated processing and extraction cycle sequences for maximum hemp processing speed.
All supercritical CO2 extractors are programmable, so the user has a range of customizable choices that will best suit their specific product output. Depending on resources and facility capacity, the supercritical CO2 extractor revenue can be greatly profitable.
Purchasing extraktLAB’s modern e-140 extractor can generate a spectacular 422 pounds per day, while occupying only 24 square feet. If the consumer wishes to scale up their product output, they may choose our e-180 CO2 extractor.
This particular extractor is the most advanced and powerful supercritical CO2 extractor on the market. The affordable e-180 supercritical CO2 extractor can produce an astounding 844 pounds per day, with a mere 48 square foot occupancy.
It produces a high yield in a short amount of time, while preserving the natural potency of hemp for the CBD product. This leads to high efficiency which, in turn, generates considerable supercritical CO2 extractor revenue for your operation.
Advantages of the Supercritical CO2 Extractor Machine
Processing your own hemp material and products may be the most direct way to ensure that your products are up to par with the quality desired.
CO2 extraction revenue will create advantageous monetary gains. Moreover, investing time to follow extraktLAB’s hemp processing method and utilizing the advanced Supercritical CO2 Extraction Machine will yield the most effective results.
The products formulated from a CO2 extract will be the purest, maximum-potency grade on the market. Thus, the supercritical CO2 extractor revenue generates the highest profit possible for your CBD products.
The CO2 extraction system is also the most environmentally friendly extraction method because with other methods, there are risks of chemical residuals. The overall operational cost is also much less expensive than other systems in the long term. Get machine specifications to understand all operations.
How to Invest in Your Business and Increase Revenue
In addition to choosing the best hemp processing machine available, it is critical to know how to properly invest your money in business so that maximum profits are made.
It can be beneficial to identify your client or customer before investing. Market your business as a resource that delivers the best product and information to customers that want it. Remember to be the customer’s authority – spread good, truthful knowledge and assist in all questions and concerns your target clients may have.
Invite clients behind the scenes by letting them understand who you are, your origin story, and how the business operates because this builds trust and rapport. Work hard, give credible information and quality products. Know your product and how much it is generating.
Expand your definition of what an ideal customer is. Think outside of the box for ways to provide to multiple target consumers. Market your products creatively and consider how to reach all different clients.
Establish a hunter/gatherer position for a trusted employee or coworker. This is a role to expand sales and marketing in every capacity. Hunters must have knowledge of the customer targets and client bases in order to sell and distribute the word of your business as much as possible.
Make sure to add something of value - education is key. Inform your client base because you have a unique opinion and access to specific, helpful information that others may not be aware of.
Learn from the customer, but also provide them with reliable facts to build an abundance of professional connections.
Influencer outreach is another significant component to building your business and increasing revenue.
Use local media for free to create customer growth and success. Have active social media platforms to offer valuable information.
Lastly, have core capabilities. You may target specific CBD products, but have a range that is suitable to a variety of consumers.
Constantly think about new ideas and put in the proper amount of time.
How to Calculate Your Hemp Revenue and Cost Using extraktLAB’s Calculators
How to Use the Calculator
The revenue of your hemp processing methods and equipment can be estimated using extraktLAB’s online calculator tool. It is important to understand initial monetary input versus profit output.
The first section must be filled out to provide an estimated amount of distillate based on the amount of biomass processed. Indicate how much biomass you will process monthly, in pounds.
Next, choose your plant potency percentage with the closest whole numeral in the box provided. Then, list the price you are charging consumers per gram of distillate.
The next calculator section will provide an estimated amount of labor, material, and overhead costs per month to project overall cost of product profit.
If you have chosen to partake in extraktLAB’s supercritical CO2 or CO2 extraction process, enter the amount of CO2 solvent cost per pound. There is an option for ethanol cost, but only if this method was utilized.
Estimate the price of power per Kwhr of machines and electricity, how many hours per day said electricity will be running, and the amount of days in a single month that your business will be in operation.
Enter how much you will pay your operators per hour and the number of operators based on your capacity. The final calculator component will include an approximation of the overall investment in relation to initial investment.
Input the cost of the supercritical CO2 extraction equipment. Also include property building cost, working capital (current assets – current liabilities), and marketing investments.
Marketing investments include the cost of outreach and social media. It is important to recognize investment in relation to accruement of profit.
The Importance of Necessary Revenue and Investment
Building and maintaining momentum of your business must involve a firm grasp and accurate calculation of operating costs and cannabis extraction equipment cost. Configuring these costs beforehand can allow the business owners to determine if initial investment, overall yearly profit, or operation costs matter the most for the specific company.
Compared to other methods, Supercritical CO2 extraction revenue is higher and costs are lower in the long term. The estimated ethanol equipment cost is approximately $2 million, while the cost of CO2 equipment is around $4 million upfront. Infrastructure fees for the ethanol process are drastic – a hefty $200 per square foot of area, but the CO2 infrastructure costs are $68 per square foot of area; leaving behind an approximate $702,000 per year in savings if CO2 was the method utilized.
Operating costs for ethanol are around $12,696.66, with CO2 energy costs being $2,328.19 per year. Ethanol also has a higher operational cost in terms of energy, testing, cost of solvent changeover, and loss of solvent compared to the CO2 extraction process. The supercritical CO2 extractor revenue generates high profit since there is no initial quality loss at the start of the process.
Cost of solvent for CO2 is only $115. Since CO2 has minimal solvent changeover or testing tolls, the loss of solvent amount is estimated to be $14,012, compared to ethanol’s high $236,966 cost.
Ask for a live demo to get an in-depth understanding of extraktLAB’s helpful calculator tool.
While the CO2 equipment fees are initially heavy, they even out because CO2 extraction cost is far less over the duration of a year when compared to ethanol extraction costs.
Supercritical CO2 extractor revenue is highly profitable. Understanding initial investment costs for multiple methods can assist business owners in picking the most effective method for the CBD product they desire and their hemp extraction investment.
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