360° Coverage : Groundbreaking Market Research on Grow Lights for Legal,...

1 Updates

Groundbreaking Market Research on Grow Lights for Legal, Commercial Marijuana Growers

Oct 18 2013, 3:18pm CDT | by PR.com

New market research on the advanced grow light market indicates a rapidly expanding business opportunity for advanced lighting manufacturers, and enormous energy saving potential.

Pittsburgh, PA, October 18, 2013 --(PR.com)-- A new market research report published today by Lighting Solution Development reveals a large and rapidly expanding market for horticultural grow...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Groundbreaking Market Research on Grow Lights for Legal, Commercial Marijuana Growers

Oct 18 2013, 3:18pm CDT | by PR.com

New market research on the advanced grow light market indicates a rapidly expanding business opportunity for advanced lighting manufacturers, and enormous energy saving potential.

Pittsburgh, PA, October 18, 2013 --(PR.com)-- A new market research report published today 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 1,000W HID. New advanced technology grow lights (such as LED, induction, and plasma) can provide manufacturers millions of dollars in new sales to new grow warehouses.

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, PAR 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. For more information about this report, email: david@lightingsold.com.

About Lighting Solution Development:
Lighting Solution Development assists advanced lighting manufacturers with technical sales and marketing services, including utility rebate representation, certification management, recruiting, market research, lighting layouts, motor design engineering, and 3D printing.

Contact Information:
Lighting Solution Development
David Shiller
412-897-6432
Contact via Email
www.lightingsold.com

Read the full story here: http://www.pr.com/press-release/522324

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

India firm on objections to WTO Doha Round deal over food security
United Nations, Oct 24 (IANS) Even as the World Trade Organisation's trade deal remained stalled due to India's objections, an Indian envoy at the UN stood firm on them, declaring a "permanent solution on food security with necessary changes in World Trade Organisation (WTO) rules, if required, is a must and cannot be kicked down the road".
 
 
Twitter declares war on passwords
San Francisco, Oct 24 (IANS/EFE) Twitter formally declared war on passwords during a developers' conference in San Francisco, unveiling a new system that allows users to log-in to mobile apps with a phone number.
 
 
Ebola not to upset Africa's overall growth: IMF
Harare, Oct 23 (IANS) The Ebola outbreak in West Africa, which has claimed 4,500 lives, will have minimum impact on continent's overall growth, a top International Monetary Fund (IMF) official said Thursday.
 
 
Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday.
 
 
 

Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
 
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
 
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
 
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports mirror.co.uk. He was recently diagnosed with...
Read more on Celebrity Balla
 
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
 
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
 
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
 
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla