Cultivation Power Price Tag Could Reach $11 Billion Nationwide

One of the most painful – and expensive – parts of cultivating marijuana commercially can be the price of electricity to power grow lamps, especially for those with indoor warehouse operations. According to a four-year-old research paper, the industry at that point was already using $6 billion a year in power, and new numbers suggest that figure could jump to $11 billion, the High Country News reported.

That’s causing ongoing concern for power companies, so much so that an entire panel was dedicated to the topic at the annual meeting of the National Association of Regulatory

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Cultivation Power Price Tag Could Reach $11 Billion Nationwide is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs