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CAN SUSTAINABILITY BE PROFITABLE?

By Alex Halperin
01/26/2021 07:22 PM GMT-0700
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Amid the complications of running a licensed cannabis business, environmentalism isn’t always a top priority. But, for many operators, cleaning up their act makes financial sense.
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  • As competition intensifies, the lower production costs that can come with energy savings are a competitive advantage.
  • As an added bonus, environmental consciousness attracts an important segment of consumers. 
  • The head of a new group called the Sustainable Cannabis Coalition says energy efficiency and standardized practices could help reduce the cost of producing a pound from $500 to $100.

Every cultivator “has an opportunity to improve.”

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