Cannabis formulations and method of preparing the cannabis formulations. Aphytocannabinoid preparation, such as an extract or distillate, is heated to asetpointtemperature at which the phytocannabinoid preparation is flowable. Thesetpoint may bebetween 90 and 105 °F. A carrier oil is combined with thephytocannabinoid preparation.High-shear mixing is applied to the carrier oil and the phytocannabinoidpreparation toprovide a diluted preparation. Lecithin is combined with the dilutedpreparation andadditional high-shear mixing is applied the lecithin with the dilutedpreparation, providing acannabis formulation. The cannabis formulation may be cavitated withultrasonic mixing.The cannabis formulation may be combined with maltodextrin to provide a solidphytocannabinoid formulation.