TRUST CAPITAL Blog

Planning to start a cannabis testing lab?

It’s not a bad idea if you are, since having a business in the cannabis and hemp industry can be profitable. It’s one of the industries currently booming. However, you should be careful when starting a business here. Aside from the strict laws relating to the industry and its products, you also need to think about how you spend your working capital.

The amount of working capital needed to start a cannabis business is relatively high, whether you plan to set up a plantation, dispensary, or a testing lab. The last one in particular is especially costly. You need a lot of capital for it because the equipment you need is mostly expensive. Fortunately, you can start a cannabis testing lab even if you don’t have a large amount of capital. That is because you can use cannabis testing equipment leasing.

In this blog post, we’ll talk about how to start a testing lab with cannabis testing equipment leasing.