Cannabis formulations and method of preparing the cannabis formulations. A phytocannabinoid preparation, such as an extract or distillate, is heated to a setpoint temperature at which the phytocannabinoid preparation is flowable. The setpoint may be between 90 and 105° F. A carrier oil is combined with the phytocannabinoid preparation. High-shear mixing is applied to the carrier oil and the phytocannabinoid preparation to provide a diluted preparation. Lecithin is combined with the diluted preparation and additional high-shear mixing is applied the lecithin with the diluted preparation, providing a cannabis formulation. The cannabis formulation may be cavitated with ultrasonic mixing. The cannabis formulation may be combined with maltodextrin to provide a solid phytocannabinoid formulation.