Wednesday, October 11, 2017 6:27:02 PM
Amps Electric, Inc. is a Massachusetts company that deals in solar energy. Of course, the company supplies solar energy to any power need, but cannabis is going to be a huge addition to their erupting portfolio. Amps currently has annual revenues exceeding $5,000,000 and believes it can achieve as much as $10,000,000 by the years end. Because of the nature of many cannabis grows, being secluded on the one hand, and needing to operate self-sufficiently on the other, it makes a lot of sense for FutureLand to include this opportunity within its canopy of offerings.
In 2014, a report by the Northwest Power and Conservation Council estimated marijuana operations could grow Washington electricity demand between 60 MW and 160 MW over the next 20 years. Regional demand, including producers in Idaho, Montana, Oregon and Washington, could reach almost 250 MW by 2035.
The Company plans to develop and offer Amps Electric, Inc products and services to the marijuana grow facilities in all legal states in the fourth quarter of 2017. More information will be provided as the company progresses.
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