Jonathan Villagomez launched Erbba Spectrum last year in a state that is now barely legal, Texas, which enacted a low-THC law that has not yet been implemented. The young entrepreneur invested about $250K of his own money and raised almost $1mm from outside investors. He has now sold about 30 LED lighting systems, some to cannabis growers, at $1695 each and will introduce a lower priced system later this year.
Read Andrea Rumbaugh’s “Legal marijuana an opportunity for LEDs”: http://www.houstonchronicle.com/business/technology/article/Legal-marijuana-an-opportunity-for-LED-lighting-6818914.php
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