1955 S Quince St., Denver
How would you describe your company? What is your specialty?
Bonsai Cultivation is a recreational cannabis grow and wholesaler based in Denver that serves recreational dispensaries and extraction facilities throughout the entire state of Colorado. We specialize in producing top-shelf cannabis that is hand trimmed and cured in climate controlled, terpene enhancing mahogany environments.
What do you offer consumers/clients that others don’t?
We offer dispensaries a large variety of high quality flower including highly sought after strains such as Do Si Dos, Tangie Power and GG4, or classic strains like Banana Kush, OG #18 and Afghani. We also offer strain specific one-gram pre-rolled cones and two packs of strain specific, hemp wrapped half-gram blunts. We are also pesticide, fungicide and microbial process validated.
How and why did your company start up?
Shortly after recreational cannabis became legal we saw an opportunity for flower production. In 2015, we acquired a 28,000 square-foot building, and with the help of strategic investors we were able to design, build and develop 22,000 square-foot of cultivation canopy space. We acquired the best genetics available in Colorado and put our Cannabis Cup winning grow methodology to work in the space.
With the changing landscape of medical and recreational cannabis, what do you see as the biggest challenges to your progress as a company? Any advantages?
Currently the biggest challenge facing the recreational cannabis industry is the surplus of cultivation licenses and the overproduction of flower surpasses the needs for the state. With this overproduction comes price compression as the industry commoditizes itself. Fortunately for us, with our modern facility with automated processes, we’re able to maintain production of high quality products at a lower cost than your average cultivation.
What words of advice would you offer anyone seeking to enter the world of cannabis business?
You need to understand the very competitive market you’re going into. You absolutely need to have a well experienced and sophisticated team; you need to be well financed and focus on a niche product. Just opening a large-scale building or operation doesn’t guarantee you success, it takes years of experience, passion and networking to be successful in this industry.
What are the goals and vision moving forward, for your company? Where do you see your company in five years?
Moving forward our goal is grow our business, currently consisting of 50 employees, into one of the top cannabis providers in the state of Colorado with the consideration of taking our model nationwide through consulting or strategic partnerships.
We have a two phase expansion project that’s recently been approved by the Denver [Building Permits and Building Records] department and with this expansion, we will gain an additional 10,000 square-feet of cultivation space. We are also considering the addition of a MIP license to our facility allowing for vertical integration through cannabis extraction on the production side of retail cannabis.
What do you hope to accomplish in the cannabis industry?
We hope to set the standards for recreational cultivation while helping to remove the stigma that surrounds cannabis businesses and legitimize the industry.