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Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected

Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected

October 16, 2019 | Bart Schaneman

The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost millions of dollars during an early winter storm after half the company’s plants froze before harvest could be completed.

The crop loss in Southern Colorado is expected to send ripples throughout the state’s cannabis supply chain, reducing the supply of marijuana available to retailers and processors. Those businesses could face higher wholesale cannabis prices.

By contrast, extractors could benefit by getting access to additional plant material to manufacture goods such as infused products, edibles and concentrates.

Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected

Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected






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