Venom Business
How Many Scorpions Do You Need To Make $100,000 Annually?
417 scorpions are enough to make $100,000 annually? that’s crazy!
Starting a business in the specialized field of scorpion venom extraction can seem appealing because of the high prices that medical and research industries pay for this potent substance. However, making a lucrative income from milking scorpions is more complex than it might initially seem. I personally believe that understanding the numbers and logistics is essential before entering this unique venture.
Understanding Venom Value
Firstly, it’s important to acknowledge the market value of scorpion venom, which is among the most expensive liquids by volume. Depending on the species and the quality of the extraction, the venom can fetch anywhere from $8,000 to $12,000 per gram. The high cost is due to the venom’s use in medical research, including cancer treatment studies and antivenom production, making it highly sought after in specific scientific communities.
Practical Yields and Species Considerations
Not all scorpions are created equal when it comes to the value of their venom. Species like the Deathstalker (Leiurus quinquestriatus) are…