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wholesale dispensary denver

Wholesale dispensary denver

Browse our updated inventory of wholesale marijuana products from handpicked suppliers across the state of Colorado and find the best quality Medical & Recreational flower and concentrates to be delivered directly to your store.

Suppliers

Let us take the stress out of selling your wholesale cannabis. Our account managers will connect you to our extensive network of buyers and handle the logistics of your transaction so that you can focus on your passion while we help grow your business.

Processors

Connect with suppliers and find the best quality trim for your marijuana-infused products. Let us locate buyers and facilitate sales of your cannabis concentrates, marijuana edibles, and other cannabis-infused products.

“The Source” has benefited our wholesale grow in many crucial ways. They have aided us from finding available customers to getting the courier service to deliver it. If you are a wholesale garden looking to reach more clients in the state, look no further than “The Source.” -TJ, Ballpark Holistic Grow

As a small boutique dispensary located in NW colorado we strive to provide our customers with the highest quality of cannabis in the state and Source Colorado has been consistent and reliable in providing us with the standards we uphold. The team at Source Colorado are always so kind, helpful and are willing to go the extra mile to make sure orders, deliveries and compliance are taken care of. Thank you for all you do! – Lucy Smith, Blue Heron Dispensary

“Working with Source Colorado allowed me to focus on other important parts of my business. They really listened to my needs and were a huge resource, while keeping everyone compliant in transactions. Instead of hiring a full-time sales team, Source handled my wholesale sales needs in a professional and prompt way, all the while keeping up attention to detail and customer service. I would highly recommend Connor, Dan and the team at Source Colorado.” -Morgan Carr, Wellspring Collective

“Working with Source Colorado has been very beneficial to our business, as they have connected us with some of the best flower in the state. Quality is something we strive for and Source has been second to none at helping us get the highest quality buds possible. They are punctual, hardworking and passionate about their work. If there is ever an issue we can always expect fast clear communication to solve whatever problem may arise.” -Taylor Grimm, Doobie Sisters

“I just wanted to reach out and tell you how appreciative I am of your services. Yourself, and the entire Source team, has helped my business tremendously. Without you guys, I would have entered the wholesale market at a much lower price point and definitely wouldn’t have generated as much revenue to date as I have. You guys are always upfront about what you are looking for, consistently plugging me in with repetitive purchasers, and working hard to get me top dollar for my product. You have saved me a tremendous amount of time, all while increasing my bottom line. Thank you, and keep up with good work.” -Ryan McGowan, Roots Management LLC

“Working with Source Colorado has been a great example of what we look for in developing, maintaining and expanding relationships. Their team of professionals are personable, knowledgeable and most of all, reliable in providing brokering within the cannabis industry.

Their experience with both retail dispensaries as well as their ability to connect with the concentrate industry has been a very positive experience in providing consistency in quality sales.”

“Source Colorado has been a terrific resource for us. Their ability to find what you need when you need it and at the price point you’re looking for is outstanding. These guys really have made all of our jobs easier on a regular basis. Thank you, Team Source CO!” -Tim Cullen, Colorado Harvest Company

“Working with Source Colorado has been easy and efficient, they are reliable and truly care about their client’s satisfaction and will work until they know they have satisfied your every need. The crew at Source have made purchasing easy and worry free. When we have needs, we know who to call, Source Colorado.” -Jay, Green Cross Silt

“Source Colorado has helped move us to the next level in the wholesale market and given us a pathway to selling our product across the entire state of Colorado. We would not be able to do what we do without the business they have brought us.”

“With the help of Source Colorado our wholesale company was able to secure the client base required to grow successfully in a competitive market. Their ability to help with obtaining new clients helped move our product into regions of Colorado we wouldn’t be in without them.”

Leading wholesale cannabis supply and distribution company providing the highest standard of customer service in the wholesale marijuana marketplace

“The boom is over”: Colorado cannabis growers hope volatile wholesale market is stabilizing

After low of $759 per pound in 2018, average wholesale marijuana price now back up to $1,316 per pound

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Entrepreneurs who broke into Colorado’s cannabis industry at the ground level — the growers — have endured economic whiplash over the last two years as the market for wholesale flower experienced volatile swings in price.

The average market rate slumped to a low of $759 per pound in 2018 after peaking at $2,007 per pound in early 2015. That rate has rebounded to $1,316 per pound this month, after five consecutive quarters on the rise, reaching the highest price in three years.

Still, many anticipate the wholesale cost will remain relatively flat in 2020. Or at least they’re hoping it will.

“The boom is over and now we’re looking at a more mature market,” said Christian Hageseth, CEO and chairman of One Cannabis, which expects to produce 14,000 pounds of marijuana in Colorado in 2020.

In the six years since recreational legalization, Colorado’s $7.6 billion cannabis industry has been grappling with stabilization between the forces of supply and demand. And that’s perhaps no more evident than in the wholesale market.

In mid-2018, the number of licensed retail grows in the state peaked at 744, according to data from the Colorado Department of Revenue’s Marijuana Enforcement Division. The influx of new cultivators and crops led to a downward swing in the average market rate, with pounds of flower selling for less than they cost to harvest and process, said Josh Monroe, owner of Fat Face Farms in Denver.

New state regulations mandating pesticide testing and microbial contamination testing only compounded the problem, forcing many farmers who couldn’t recoup their expenses to shutter. By the end of 2019, Colorado cultivation licenses dropped 8% to 683 businesses, according to the Marijuana Enforcement Division.

“You have to be agile and able to adapt quickly to the really rapidly changing environment,” said Monroe, who’s in the process of selling his 6-year-old indoor operation to industry giant Cannabis One Holdings.

Those who work in the industry are accustomed to wholesale price fluctuations in the fall, when plants from outdoor cultivations are harvested. “Croptober,” as Hageseth calls it, had no noticeable effect on wholesale prices this year, however, due in part to an early freeze and a crackdown on illicit operations, he said.

The average market rate, which changes quarterly, is the number the state uses when collecting its 15% excise tax on sales and transfers between grows and stores.

Technology also plays a role, as new software has enabled a digital marketplace for wholesale cannabis. Cultivators now upload their inventory, test results and pictures to digital platforms where buyers can compare products. With the exception of “some unicorns,” most strains fetch the average market rate, Monroe said, or growers risk being priced out completely.

“It’s become a very efficient market, so it’s pretty inelastic,” he said.

And in an industry in which profit margins often are described as thin, thanks in part to federal regulation that prohibits cannabis businesses from taking substantial tax deductions, additional testing for things like heavy metals, required as of January, is expected to eat into the bottom line.

“The cannabis industry gets this reputation that it’s a business that’s flush with cash and creating marijuana millionaires,” said Mike Lord, director of business development of LivWell, which operates two grows and 16 retail stores in Colorado and Oregon. “It’s a hard business like any other business.”

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Though some market indicators suggest Colorado’s cannabis climate may soon be fully baked, there are others destined to incite change. Lord expects to see continued consolidation in the space following a 2019 law that allows public funding in cannabis. That law enabled companies like Denver’s Medicine Man to acquire independent dispensaries and product manufacturers.

And any movement on the federal level, such as approval of SAFE Banking Act to allow marijuana businesses access to bank services, would surely have local implications.

For now, Hageseth and others are waiting for the point of equilibrium.

“I hope the market settles out, that we get the right amount of producers selling at the right price, so everyone makes some money,” Hageseth said.

Entrepreneurs who broke into Colorado's cannabis industry at the ground level — the growers — have endured economic whiplash over the last two years as the market for wholesale flower experienced volatile swings in price.