TGOD saved BIG $ on Energy Costs Focus on energy efficiency
Regulatory requirements and an illegal growing mentality has led farmers to simply scale the indoor growth approach. But is there a better way? An increasing number of growers and cannabis companies are finding that they can reduce overhead and increase profits by making cannabis production more sustainable.
“You can’t downplay how much of an impact energy efficiency has and energy costs have for cannabis producers. It’s a significant factor,” John Downs of cannabis investing firm The Arcview Group told Big Buds, a website for marijuana growers.
Energy-related costs can account for as much as 50 percent of what it takes financially to run an indoor grow, according to the Southwest Energy Efficiency Project.
Canada’s Green Organic Dutchman, a research and development company for medical marijuana, struck a deal with a local energy provider and was able to reduce its energy expenses from the average 13 cents per kilowatt-hour to around 4 cents. That reduction in operating costs made the brand significantly more competitive in the cannabis market, Big Buds reported.
https://www.triplepundit.com/2018/11/cannabis-sustainability/