I'm dealing with something similar right now with an experimental grow location I'm in the early stages of dialing in, and my 'lights on' temps stay between 68-74º under COBs. The seedlings don't mind it, but the clones I'm running are really hurting. I think there are multiple variables in play.
I read somewhere that cold temps make the plants metabolism slow down, and this causes what appear to be nute imbalances. It's not that the nutes are not available in the soil/medium, it's that the cold prevents the plant from up-taking them quickly enough to keep up with the leaves which are reacting to the intense light (I don't have a degree in botany, so my apologies if I butchered that explanation). Not a great solution for overall production, but I'm finding that since I can't raise my temps, its best for me to back my lights off until the temps warm up. I'll know more about this hypothesis in the coming days, the high for today outside is 55º, a week from now its supposed to be 91º, and in this grow space those outside temps will directly effect the temps inside the tent.
From what I've been hearing (mostly here on RIU), COBs are causing a lot of people problems that appear to be nute imbalances or pH issues, but I wonder if its equally (or concurrently) impacted by temps. Since they don't put off as much heat as HPS and there seems to be less of a heat stress/burn issue, its tempting to see how close we can get COBs to the plant. I'm thinking that the more intensely we run them, the more we need to keep the temps higher... of course, until its all just too much.