Marijuana has potential to become Nevada’s biggest cash crop

Marijuana could become one of the biggest cash crops in Nevada when cultivation facilities open in the coming months, a UNLV soil and water scientist said.

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“They’re going to make a lot of money using very little amount of water,” professor Dale Devitt said. “That’s how you justify the use of water in the desert.”

High-grade alfalfa grown on farms throughout Northern Nevada earns about $100 profit per acre-foot of water. Golf courses in Las Vegas make about $5,000 to $7,000 per acre-foot of water.

Devitt expects pot to dwarf those figures.

Marijuana is considered a drought-tolerant plant and doesn’t require a significant amount of water to grow, said Derek Peterson, president of Terra Tech, an agricultural company that’s applied for a marijuana cultivation license in Clark County. Terra Tech wants to open a 50,000-square-foot cultivation warehouse under a Las Vegas-based subsidiary called MediFarm LLC.

Early next month, Clark County commissioners will decide which of the 109 companies vying for medical marijuana licenses should be reviewed by the state Public and Behavioral Health Division. State approval would be provisional, and the county would decide whether to award business licenses.

If licensed, Peterson’s company would grow marijuana using hydroponics, widely considered the most environmentally friendly method of plant watering. In hydroponics, the plant absorbs only the water it needs and water is constantly recycled through the system. There’s no runoff and the only water lost is through evaporation.

Terra Tech has built cultivation facilities for marijuana companies in Colorado, Michigan, Washington and Massachusetts…

…to read more, click on the blue link below…

Marijuana has potential to become Nevada’s biggest cash crop

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