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Comparing Cannabis Cultivation Energy Consumption

  Indoor cultivators use 18 times more energy to produce one gram of cannabis than outdoor cultivators use (kWh/gram) Lighting demand for indoor cannabis cultivation operations is 70 times more energy intensive than commercial office buildings While outdoor may produce more grams per kWh of energy, indoor cultivation produces more grams per square foot Indoor […]
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Major U.S. Companies Annually Use More Energy Than The Entire U.S. Cannabis Industry

  In 2017, the total amount of energy used for U.S. legal cannabis cultivation was 1.1 billion kilowatts (kWh).  In 2015, the total amount of energy used by U.S. Starbucks locations was 1.75 billion kWh. In 2016, the total amount of energy used by U.S. McDonald’s restaurants was 2.3 billion kWh. In 2017, the total […]
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Cannabis Production Consumes Less Energy Than Beer Production

  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. […]
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Top 12 Cannabis Stocks by Market Cap One-Year Stock Price Performance

  In the United States, medical cannabis is legal in 31 states and the District of Columbia. Nine of these, with D.C., have also legalized cannabis for adult use. In June, Canada became the second nation to legalize an adult-use market (due to open next month). As states increasingly legalize cannabis and the industry grows throughout […]
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The Home Grow Market Could Grow Quickly as Adult Use Expands

  In 2017, rising sales of concentrates in Colorado represented nearly 30% of all retail cannabis sales. While in Q1-2016 sales of medical concentrates were 44% higher than for adult-use sales, preferences had flipped by Q4-2017 as adult-use sales outpaced medical sales by 6%. Overall, the number of concentrates sold per adult cannabis consumer in […]
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Cannabis Legalization in New York: What the State’s New Study is Missing

By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor’s note: This is the second of a two-part review regarding the status of adult-use legalization in New York State in light of the governor’s commissioned report by the Department of Health. The first segment ran in this space yesterday.]  On July 13, the New […]
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Cannabis Legalization in New York: A Question of When and How, Not Whether

By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor’s note: This is the first of a two-part review regarding the status of adult-use legalization in New York State in light of the governor’s commissioned report by the Department of Health. The second segment will run in this space tomorrow.]  On July 13, the […]
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Oregon Retail Flower Sales Soar as the Price Per Gram Falls

  In 15 months, the average price per retail gram of flower plunged from $9.79 to $5.77, fueled by increased competition and greater operational efficiency. Meanwhile, the volume of flower sold grew dramatically, as more consumers transitioned to the legal market from illicit purchasing. While average consumer spending per transaction ($35.25) barely moved, the lower […]
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Oregon, Going Through Some Growing Pains

By J.J. McCoy, Senior Managing Editor for New Frontier Data Oregon has some issues. It has been 20 years since it became (with Washington in 1998, after California in 1996) one of the first states to legalize medical cannabis, and its voters approved an adult-use market in 2014. Oregon knows about cannabis. It just does not […]
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