Winter Storm Could Affect Colorado's Cannabis Prices

Bluntness Team

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It’s something cannabis consumers don’t think about when they hit their local dispensary, but it’s a real problem for those in the cultivation sector.

According to Marijuana Business Daily, Colorado-based growing giant Los Sueños Farms reportedly lost half its crop and millions of dollars in the process as a result of an early winter storm.

20,000 plants were lost in the sub-zero temperature October storm, according to the AP. Though employees made efforts to save plants, MJ Biz reported the harvest could not be completed in time.

As a result of the loss, there could be repercussions for the larger supply of cannabis, including a shortage and spikes in wholesale cost, according to reports.

Los Sueños farms is based in Pueblo and operates on 36 acres, according to the company's website.

Read more, here.