Recently, three of our team members visited Las Vegas to attend MJBizCon, one of the leading events in the cannabis industry. With over 1,400 exhibitors and 30,000 attendees over three days, the event was one of the most productive and positive the team has attended this year.
Cannabis, traditionally grown in greenhouses, sits firmly in the Controlled Environment Agriculture category, and at this year’s event it was clear that CO2 is more important than ever to the cannabis industry. A key theme of the event was “Dare to Grow”, encouraging attendees to focus on overcoming challenges through innovation. Attendees showcased both their dependance on CO2 and the associated challenges such as cost, supply uncertainties, and unfavorable contracts with gas companies. Consistency is key for businesses in the industry, and a lack of consistency in CO2 supply is an increasing concern for growers.
To combat these challenges, many attendees were interested in and receptive to Direct Air Capture (DAC) technology. The impact of DAC as a solution for the cannabis industry could create a more cost-effective, reliable and sustainable supply of CO2, and allow cannabis growers to move away from existing suppliers.
The presence of gas companies, such as Linde, at the show also demonstrated the increasing interest in the cannabis industry’s usage of CO2, as well as CO2 dosing companies, keen to gauge the sentiment of customers and potentially the receptiveness to disruptive alternatives such as DAC. CO2 dosing companies were also in attendance, keen to gauge sentiment of customers.
The cannabis industry is clearly a vast market of opportunity for DAC, and we look forward to continuing to build our relationships in this market. If you’re interested in learning more about MJBizCon, or if you’re a cannabis grower who would like to discuss our Skytree Cumulus Unit, please contact us here: https://www.skytree.eu/request-a-quote