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by wil421
2017 days ago
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Someone claimed a while back most of these vertical farms would switch to growing weed once it became legal in the state(s) they have farms. I’m not sure if any other crop beside weed would turn a significant profit. You might be able to get a government contract to grow some other controlled substance and turn a small profit. The only other way it would work would be if it was a co-op owned by residents or subsidized by the local government. |
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There also isn't really that much weed needed as people think. Outdoors you can get roughly ~1,500lbs per acre of dried flower. In Colorado 2017, roughly 20,000lbs of cannabis was consumed per month. If you project based on population, the whole USA only needs about 7,000 acres harvested, annually. Maybe they'll be some loss so let's say 15,000 acres would safely cover it. In the USA, there's over 90,000,000 acres of corn grown a year. Cannabis is actually a very small market from the farming side and the indoor grows will very much be a niche market.
As for the general economics, vertical farming will never make sense until either the underlying economics of farming change (maybe from climate change) or energy becomes free.