The invention relates to an insect-resistant soil regulator taking traditional Chinese medicine wastes as a matrix and a production method of the soil regulator. The production method comprises the following steps: inoculating green muscardine fungus to a seed medium, and preparing a fermentation seed solution, wherein the seed medium comprises glucose, yeast powder, peptone and a potato liquid; and inoculating the fermentation seed solution to a solid-phase medium, wherein the inoculation amount is 10-15%, and standing and fermenting in a shallow tray solid fermentation apparatus at the temperature of 25-30 DEG C, wherein the solid-phase medium comprises the traditional Chinese medicine wastes, saccharose, maize syrup powder, bean pulp, Ca(OH)2 and wood vinegar. The fermentation method in the invention is short in fermentation cycle, mild in conditions and easy to control and amplify, the provided solid-phase fermentation matrix is high in fermentation rate, and the fermented soil regulator has an insect-resistant effect; and meanwhile, the functional substance wood vinegar can provide the characteristics of promoting growth, resisting diseases and the like.