The growlights that power the vertical farms (which are, let's be honest, mostly weed farms) come from vendors (e.g. Fluence) that are more specialized, and therefore are fairly expensive. About $1500 per 4x4 foot grow area, last prices I saw.
I dunno if this will ever be economically feasible outside of high-value crops. A Spyder rig from Fluence draws about 630W. But yep, it is at least a step forward, and way better than the weird fluorescent/MH/HID options.