Carbon dioxide’s role in the production of legalised cannabis as well as the food and beverage market were two of the hot topics covered in the afternoon session at gasworld’s North American CO2 Summit here in Indianapolis.
Bob Knight, Applications Development Manager at Chart Industries, explained where the US-based company fits into the legalised cannabis supply chain during cultivation (grow houses) and extraction (hemp and marijuana). Cannabis is currently legal in 11 states and DC for both recreational and medical use, and it was legalised in Canada last year. Some estimates have put North America’s legal cannabis industry may be worth an annual $47.3bn by 2024, and is currently an $8bn industry.
“The biggest challenge is the big disconnect between federal and state laws, there’s a lot of red tape involved,” Knight said.
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