A new market research report published by Lighting Solution Development reveals a large and rapidly expanding market for horticultural grow lights to legal, commercial marijuana growers.
As of October, 2013, 20 states plus the District of Columbia have varying degrees of decriminalization for marijuana, including legal commercial growing. Two states, Colorado and Washington, have legalized growing for recreational use. Some of these states are close to completing new regulatory policies for commercial growers, and will begin issuing grower licenses in 2014. States poised to issue new licenses include: Washington, Massachusetts, and Connecticut. This will spark construction of dozens of new “grow warehouses,” up to 50,000 square feet each, in some states.
A single grow warehouse can purchase hundreds of grow lights, typically 1000W HID. Other options include LED, induction and plasma.
Marijuana production now accounts for 1% of all electricity consumption in the US, and this figure is likely to rise as more states decriminalize commercial cannabis growing. With electricity costs accounting for as much as half of cannabis grow expenses when using HID grow lights, there is increasing pressure for growers to consider energy-efficient options like LED.
The report titled, Grow Lights For Legal, Commercial Marijuana Growers, provides advanced lighting manufacturers with critical horticultural science as well as grower perceptions about light output, coverage area, color, watts and the most important spectral peaks for photosynthesis. The report’s conclusions include dozens of recommendations for LED grow light manufacturers, for product development, and marketing to commercial growers.
Contact David Shiller, president at david at lightingsold dot com to learn more about the report.
