The Cannabist Co. pulls the plug on Denver growhouse
- Posted on July 18, 2026
- By The Denver Post
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- 1 min read
In brief
The Cannabist Co. has shut down its Denver cultivation facility amid significant market challenges in Colorado's cannabis industry. Wholesale marijuana prices have experienced a dramatic decline, dropping from approximately $1,700 per pound during pandemic-driven demand peaks to under $600 recently. This price compression reflects increased competition, market saturation, and shifting consumer demand patterns within the state's mature cannabis market, forcing operators to reassess their business viability.
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The Cannabist Co. pulls the plug on Denver growhouse
Wholesale marijuana prices in Colorado have fallen from around $1,700 per pound during the pandemic boom to less than $600 a pound recently, according to industry sources.
