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Cannabis and Renewable Energy in New York: Delving into the Weeds of a Budding Industry | Foley Hoag LLP - Cannabis and the Law


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New York’s recent legalization of recreational marijuana for adult use has set off a flurry of entrepreneurial activity as businesses seek to establish a foothold in the State’s new and lucrative market. Renewable energy, energy storage and other technologies can help growers not only minimize their electricity bills – a substantial operation expense for the typical indoor farm – but also give them a leg up in the State’s licensing process. This blog post outlines the energy challenges posed by the nascent cannabis industry, as well as cost-effective opportunities that businesses can seize and that energy and efficiency resource providers can offer. These measures can make cannabis operations more economically competitive, environmentally friendly, and potentially improve their license applications. ....

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