Top 12 Cannabis Stocks by Market Cap One-Year Stock Price Performance
September 22, 2018Capturing the Energy Costs for Cannabis Cultivation
September 30, 2018
- In terms of energy consumption per unit, roughly 1.2 kilowatt hours (kwH) of energy is required to produce 1 gram of cannabis, versus 0.2 KwH to produce 1 (12-oz.) bottle of beer.
- At those rates, the energy required to produce 1 gram of cannabis is equal to that required for a six-pack of beer.
- In 2017, 11.6 billion six-packs of beer were sold in the U.S., versus an estimated 7.33 billion grams of cannabis.
- In 2018, total grams of cannabis sold in the U.S. are projected to reach 7,710,286,220 (an increase of 5.2% from 2017).
