In terms of energy consumption per unit, roughly 1.2 kilowatt hours (kwH) of energy is required to produce 1 gram of cannabis, versus 0.2 KwH to produce 1 (12-oz.) bottle of beer.
At those rates, the energy required to produce 1 gram of cannabis is equal to that required for a six-pack of beer.
- In 2017, 11.6 billion six-packs of beer were sold in the U.S., versus an estimated 7.33 billion grams of cannabis.
- In 2018, total grams of cannabis sold in the U.S. are projected to reach 7,710,286,220 (an increase of 5.2% from 2017).
The post Cannabis Production Consumes Less Energy Than Beer Production appeared first on New Frontier.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!