News Formal

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

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 40 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 50%

Agriculture Nyheter

Alternative Energy,Business,Markets

With weed on the ballot in four states, the industry is increasingly being forced to confront its energy, water and land use.

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 83. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Construction industry leaps into help U.S. states hardest hit by Hurricane HeleneCanada's construction news
Källa: DCN_Canada - 🏆 17. / 74 Läs mer »

Climate and Construction: New study spotlights logging industry carbon emissionsCanada's construction news
Källa: DCN_Canada - 🏆 17. / 74 Läs mer »

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

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...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

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...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

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
Källa: globeandmail - 🏆 5. / 92 Läs mer »