Cannabis is slowly becoming legal in more and more states, but the wheels of progress don't always turn as fast as we'd like. The industry faces an array of headwinds that have so far proven to be difficult to overcome. Supply chain shortages continue to drive up capital improvement costs. Cannabis surplus in the U.S. is forcing retailers to sell their products at deep discounts and inflation hangs over consumers worldwide. From strict regulations on production or distribution right down to taxation issues with medical marijuana being treated differently than recreational use cases for example; there's no shortage of problems facing this budding market!
In many states, the legal cannabis market has matured and commercial growers have come under increasing pressure to increase yields in order to make up for falling prices. In the early days of the legal market, the sale price for cannabis products was much higher than it is today. However, as more states have legalized cannabis and more commercial growers have entered the market, prices have dropped sharply. In order to stay competitive, commercial growers have had to find ways to increase yields without raising costs. One way they have done this is by moving cannabis cultivation indoors. Indoor plant growth allows for better control of environmental factors such as temperature and humidity, which can lead to higher yields. In addition, commercial growers have been searching for advances in technology to improve plant growth rates and reduce the costs of production.
The commercial cannabis industry is tough and always has been. Growers have to contend with local regulations, ever-changing markets, and the challenges of operating in a still- nascent industry. But they are also an innovative and resilient bunch, as evidenced by this year's "State of the Cannabis Lighting Market" report. For the first time ever, at least 70% or more of commercial growers who use supplemental lighting in their indoor or greenhouse operations are using LEDs for propagation, vegetation, and/or flowering. This shift to LEDs is due to a variety of factors, including the fact that LEDs last longer and use less energy than other grow lights. The report also found that commercial growers are becoming more savvy about using light to manipulate plant growth, with more growers using light deprivation techniques and custom light schedules. Overall, it's clear that the commercial cannabis industry is evolving rapidly, and growers are leading the way when it comes to innovation. Thanks to advances in indoor plant growth technology, commercial growers can now produce high-quality cannabis at a fraction of the cost of traditional outdoor cultivation. As more growers adopt these new techniques, the price of cannabis will inevitably drop, giving consumers the relief they desperately need. In addition, these new growing methods are much more environmentally friendly, so everyone wins in the end.
It's an age-old question: how can you make more money while doing less work? Commercial growers are always looking for ways to increase their margins, and one way to do that is by using less space. By growing fewer plants, but filling the space with larger plants, you can actually produce more yield per square foot. What is the best way to do that?
GPA has the solution!
Introducing, the new LED-ONE Grow Light
LED-ONE, the perfect solution for all your growing needs.
(only available with Green Property Advisors)
If you're a commercial grower, then you know that light is one of the most important inputs in plant growth. With the LED-ONE Grow Light, you can dial in the quality of light to get the best genetic expression of the plant. This means better control of your cultivation inputs, which leads to a better product. Not to mention, the LED-ONE Grow Light is the most energy efficient when compared to other grow lights, so you'll save money on your energy bill and your business becomes more sustainable.
LED-ONE gives the grower the full control over lighting based on the energy needs and available resources. Horticulture experts continue to affirm the important role of lighting in achieving even more efficient and productive economies of scale. In commercial plant growth, lighting is one of the most important factors in the overall production process. With advances in light bulb technology, commercial growers are able to produce more with less energy consumption. For Indoor plant growth, lighting has a BIG impact. By using the LED-ONE, which has been specially designed for indoor plant growth, commercial growers can produce plants that are bigger and healthier. In addition, by controlling the amount of light that plants receive, growers can extend the growing season and produce more plants per year!
For commercial growers, LED-One's automation is a game-changer. Indoor plant growth can now be commercialized with our programmable light recipes, which reduces time and resources required during cultivation. Grow from seed to harvest under one light! This not only benefits the grower by saving on energy costs, but also creates a more consistent product. In addition, our lights are tuned to the specific needs of each stage of plant growth, meaning that plants will be healthier and have a higher yield. Automation also allows for greater control over the growing environment, which can further improve plant health and yield.
As horticulture experts continue to explore the potential of lighting, it is clear that it will continue to play a vital role in the commercial plant industry. With GPA’s state of art lighting solutions you can expect to save money on operational costs while improving product quality and control.