Early freeze in Colorado could cost marijuana, hemp growers millions in losses

By Bart Schaneman

An early cold snap that swept through Colorado on Tuesday and into Wednesday drove temperatures below freezing and dumped inches of snow, potentially destroying millions of dollars worth of outdoor cannabis and hemp plants.

The crop damage will likely disrupt the supply of material for THC and CBD extracts across the state for months to come, similar to what happened when the Pueblo area in southern Colorado experienced an early freeze in October 2019 that caused significant financial losses to large outdoor marijuana farms.

That freeze also curbed the usual flood of outdoor-grown cannabis into the state’s market.

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