Register with Bluefield for immediate, free access
to water market data and analysis.
Login

Industrial Marijuana and $22B to Drive Water Solutions

10 August 2017
Research Note

On 7 July 2017, the California State Water Resources Control Board released its draft Cannabis Cultivation Policy. The proposed policy aims to ensure that the diversion of water and discharge of waste associated with cannabis cultivation does not negatively impact water quality and quantity in the state.

Making up an estimated 13% of the total market, legal marijuana sales in the U.S. totaled approximately US$7.1 billion in 2016 and are forecasted to reach US$22 billion by 2020. At this growth rate, legal marijuana sales will become the 4th largest agricultural crop in the U.S., behind corn, soybeans, and fruit & nuts.

As the sector evolves, and transitions towards more industrialized scale and processes, the anticipated opportunity for water solutions and management will be too large to ignore.

This Research Note is available for purchase and to our U.S. & Canada Industrial Insight Service clients.

Companies Mentioned

// // // // // // // // // //

Related Bluefield Analysis

Mexichem Secures Top Spot in Smart Irrigation On 7 August 2017, Mexichem, S.A.B. de C.V. announced the acquisition of Israel-based Netafim for US$1.86 billion, or an estimated EBITDA multiple of 14.1x. The transaction, which closed in Q4 2017, gives Mexichem 80% of the company’s shares. In 2016, Mexichem’s total revenues topped US$5.3 billio...
Intel Chips in with Water Reuse On 23 April 2018, Intel Corporation highlighted its ensuing completion of a US$25 million water recycling facility at its Ronler Acres manufacturing location in Hillsboro, Oregon. Initially announced in 2016, the project contract was awarded to GE Water & Process Solutions (now Suez) ...
Salesforce Unveils Decentralized Reuse System; Harbinger of Water Sector Transformation On 11 January 2018 Salesforce.com announced that its new corporate headquarters, Salesforce Tower in San Francisco, will feature the largest on-site water recycling system in a commercial high rise in the U.S. The onsite treatment system is designed to reclaim wastewater from rainwater coll...

$250

Interested in becoming a client?

Learn more about our services »

Contact us »

Share with colleagues





How has @XylemInc become a market leader in #DigitalWater? Bluefield water experts break down the company's #SmartWater strategy. bluefieldresearch.com/researc…

33rd Annual Water Reuse Symposium
(Austin, TX, September 9-12)

WEFTEC 2018
(New Orleans, LA, September 29-Oct 3)

05 Jul 2018 Water Industry Report: Baseform’s Asset Management Strategies to Contribute to $41 Billion in Savings

18 Jun 2018 The Digitization of Water (ACE Presentation)