The Cannabis Industry Is Set to Grow — So Is Its Environmental Impact

Bruce Campbell, president and portfolio manager at StoneCastle Investment Management, joins BNN Bloomberg to discuss the cannabis sector outlook amid U.S. regul

The heating and lighting needed mean a kilogram of dry cannabis flower grown indoors can produce 1,500 to 4,000 kilograms of carbon dioxide equivalent, said Benjamin Goldstein, head of the University of Michigan’s Sustainable Urban-Rural Futures Lab. In comparison, he said, a kilogram of lettuce only emits one to two kilograms.

Growing cannabis outdoors has significantly lower carbon emissions. But with the drug illegal under federal law, “we cannot have interstate commerce, which means that you are not able to grow cannabis in the sunny, perfect outdoor climates and then ship it around to other states that are less conducive to outdoor growing,” said Aaron Smith, chief executive officer of the National Cannabis Industry Association, which represents over 450 businesses.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Construction industry leaps into help U.S. states hardest hit by Hurricane HeleneCanada's construction news
Fonte: DCN_Canada - 🏆 17. / 74 Consulte Mais informação »

Climate and Construction: New study spotlights logging industry carbon emissionsCanada's construction news
Fonte: DCN_Canada - 🏆 17. / 74 Consulte Mais informação »

U.S. regulator, financial industry monitoring impact of Hurricane Milton on investors, capital marketsSEC set to consider possible relief from regulatory requirements for
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »

Polluted waste from Florida's fertilizer industry is in the path of Milton's furyAs Hurricane Milton bears down on Florida’s west coast with powerful winds and flooding rain, environmentalists are worried it could scatter the polluted...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

KinderCare makes public debut as daycare industry boomsKinderCare (KLC) made its public debut on the New York Stock Exchange on Wednesday, closing at $26.13 compared to its initial offering price of $24. This...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Canada ‘a sweet spot’ for growing quantum computing industry, expert saysThe Globe and Mail offers the most authoritative news in Canada, featuring national and international news
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »