- Cannabis is one of the fastest growing markets in the world.
- USA medical cannabis market size 2018 5B$, estimated grow 12B$ by 2025
- Worldwide cannabis market size, at the start of 2018 was 7.97 B$, estimated to grow to 140B$ by 2027
- Price of Cannabis is dropping down, in 2014 was ~ 3000 US per pound, the current price per pound ~1300USD, an estimated price per pound 2025 less than 1000USD
- To meet demand, the world is moving to indoor and hybrid cultivation, requiring artificial light & environmental controls, resulting in prohibitive energy bills.
- Utilities and power regulators have responded to the power guzzling in several forms of response:
- Size control; in CA, several counties have limited facilities size to less than 10K Sq. ft until 2023
- Price increase; CO has added a USD 0.216 per kWh for indoor cultivators
- Power consumption limit; MA set a 36 watt per SQ ft energy limit (unless clean or self-produced)
Cannabis Cultivators seek power-effective alternatives.
Our Technology: Our core patent offers the operation of a field of dual-sided panels mounted on solar trackers. The one side, a mirror (Heliostat) guiding natural light through the solar reflecting tower to the plants, the second side, a PV panel producing clean power. As solar radiation changes seasonally and hourly, the dual-sided tracker solution allows our software, based on our Heliostat/PV ratio algorithm, to optimize the growth potential of the plant while using any surplus solar radiation to produce clean power.
What do we offer? Cannpany offers a new generation of cultivation facilities that increase revenues and reduces operating costs.
Our C3 (Cannpany Cultivation Center) offers:
- Direct Savings for each watt of light supplied through the day
- Indirect Savings (partial list):
- Cooling Load – For watt of light saved
- Heating Load – Cold climate
- Lower Capital Expenses
- Returns – Grid buy or direct use, each PV generated Watt has value
- Higher quality cannabis equals higher value for money for each pound harvested
- Higher yield per area more product for every crop