2023 State of the Cannabis Lighting Market

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This year’s Cannabis Business Times “State of the Cannabis Lighting Market” report represents CBT’s eighth annual deep dive into lighting trends among commercial cultivators. Since this exclusive industry research first published in 2016, the lighting market and the cannabis industry have undergone dramatic changes. Technological advances in lighting, pushed forward by ardent growers, product manufacturers and researchers, have been tempered by challenges, old and new.

Cultivators, in their quest for increased profitability, have faced price compression, rising energy costs and shifting consumer patterns as new markets and competitors enter the fray. Once considered unproven and unaffordable, energy-saving light-emitting diodes (LEDs) have become integral cost-saving components of controlled growing environments for many commercial cultivators.

This 2023 “State of the Cannabis Lighting Market” report was conducted on behalf of Cannabis Business Times by third-party research organization Readex Research, with support from Fluence. The results reported here provide an in-depth look at cannabis lighting trends and the practices of cultivation operators. This essential CBT research enables valuable comparisons as the cannabis lighting market matures.

Jolene Hansen is a freelance writer specializing in the cannabis, horticulture and CEA industries.