Louisiana Medical Cannabis Business & Marijuana Legal News

Chart: 8 new marijuana markets slated to launch in 2018

Eli McVey  | March 27, 2017

By Eli McVey

Get ready for the next iteration of the green rush.

The marijuana industry is poised to grow by leaps and bounds in 2018, when at least eight of the 11 states that passed significant medical or recreational cannabis measures last year are expected to start sales.

LSU extends deadline for medical marijuana cultivation applications

Omar Sacirbey  | March 22, 2017

Marijuana cultivation businesses hoping to grow cannabis for Louisiana State University under a new medical marijuana law have more time to make their case.

LSU extended the deadline for growers to submit plans on how they would run the university’s MMJ cultivation operation to March 31, The Advocate of Baton Rouge reported. The original …

Medical marijuana businesses see silver lining in White House comments on cannabis

Omar Sacirbey  | February 28, 2017

By Omar Sacirbey

Medical marijuana companies are finding solace in comments from the White House last week indicating the federal government might crack down on recreational cannabis but leave the $2 billion MMJ industry alone.

“It is good news for medical marijuana,” said Alex Ford of the Grassroots Vermont dispensary.

LSU seeking contract growers for medical cannabis

Omar Sacirbey  | February 6, 2017

Louisiana State University, one of two institutions granted approval to grow medical marijuana under the Bayou State’s MMJ law, will soon start taking applications from cultivation contractors interested in doing the work.

The Baton Rouge-based school said it expects to choose a cultivator by June and that the first medical marijuana crops could be …

Week in Review: Detroit crackdown, NYSE listing bid & LSU proposes big bucks on MMJ

Bart Schaneman  | October 21, 2016

By Bart Schaneman, Omar Sacirbey and John Schroyer

Detroit cracks down on dispensaries, a cannabis real estate investment trust eyes a Big Board listing, and Louisiana State University proposes spending millions on medical marijuana cultivation.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

LSU seeks $11.3M for medical marijuana grow site

Omar Sacirbey  | October 18, 2016

Louisiana State University estimates it will need $11.3 million to build a state-approved medical marijuana cultivation complex and run it for about five years, when it expects to start turning a profit.

The venture could open the door for entrepreneurs to own and operate the cultivation center on behalf of the university.

LSU …

Second Louisiana University Opts In to Grow Medical Cannabis

Roger Fillion  | July 1, 2016

A second Louisiana university has decided to grow medical marijuana to supply the state’s new MMJ program, meaning the production of medical cannabis will be in the hands of public institutions rather than the private sector.

There may be a role for private companies to serve as advisors to the universities.

Southern University plans to …