Surging Adult Use And Marijuana Cultivation Is Fueling Electricity Demand In Colorado
February 16, 2016
Percentage of Urban Residents In Potential International Legal Cannabis Markets
March 6, 2016Surging Adult Use And Marijuana Cultivation Is Fueling Electricity Demand In Colorado
February 16, 2016Percentage of Urban Residents In Potential International Legal Cannabis Markets
March 6, 2016
Alaska has the highest electricity rates among the markets where adult use of marijuana is currently legal, as well as the highest rates when compared to the seven states most likely to full legalize marijuana in 2016.
The higher rates in California and the states in the northeast U.S. will make the cost of electricity impact operational expenses more significantly, especially for large-scale commercial indoor growers, than in western states where energy rates are approximately 35% lower.
This lower cost of doing business could lead to more marijuana-based businesses expanding operations in the western U.S. states in the years to come.
