Louisiana Medical Cannabis Business & Marijuana Legal News

Louisiana State University’s cannabis cultivation contractor sells 15% stake

GB Sciences, a Las Vegas company contracted to develop the Louisiana State University AgCenter’s medical marijuana products and manufacturing program, has sold a 15% stake in the venture. Wellcana Group, which was formed last month in Lafayette, Louisiana, paid $3 million for its share of the project, The Advocate reported. The capital will be used for […]

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New US medical marijuana markets – one year later

If it was a big year for recreational marijuana in 2016, then it was a huge one for medical marijuana.

Voters or state legislatures in 11 states – Arkansas, California, Florida, Hawaii, Louisiana, Maryland, Montana, North Dakota, Ohio, Pennsylvania and West Virginia – approved or advanced medical cannabis measures.

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Louisiana doctors not showing much interest in MMJ program

As Louisiana’s medical marijuana program nears its launch, only two doctors have applied for permission to recommend the drug, raising questions about whether the state’s MMJ system will need tweaking in order to establish a viable industry. One application for the permit required to recommend MMJ to patients has been approved for a Baton Rouge […]

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Southern U. picks contractor to grow medical cannabis in Louisiana

Southern University has selected a vendor to run its medical marijuana program, moving Louisiana’s MMJ industry a step closer to reality. Southern’s Board of Supervisors chose Lafayette-based Advanced Biomedics to grow the marijuana for the Baton Rouge-based university, which will receive more than $6 million over five years from its cultivation partner. Under regulations established […]

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LSU completes deal with medical marijuana producer

Louisiana State University has completed its contract with a company that will grow medical marijuana and expects production to begin as early as mid-2018. The LSU AgCenter said in announcing the arrangement Monday that its new partner, Las Vegas-based GB Sciences, will start renovating its production facility immediately, The Advocate reported. The deal was formalized […]

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Louisiana cannabis contractor’s finances called into question

A Nevada company that won a contract with Louisiana State University (LSU) to run the school’s medical marijuana grow operation is being targeted by a rival that is questioning the firm’s financial stability. CB Medical finished second in the bidding process for the LSU contract, which was awarded in June to Las Vegas-based GB Sciences. […]

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Which state legislatures could legalize recreational, medical marijuana in 2018?

By John Schroyer

Only 26 states in the United States – along with Washington DC – allow independent campaigns to place ballot measures before the general public. Which means the only way to change state laws in almost half the country is through the legislature.

For cannabis advocates, that means pinning legalization hopes on lawmakers, not voters.

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Southern University winnows list of medical cannabis vendors to three

Three Louisiana companies have been chosen as finalists to operate Southern University’s medical marijuana program. Advanced Biomedics and Med Louisiana from Lafayette as well as Southern Roots Therapeutics from Baton Rouge are the three firms still in the running, the Baton Rouge Advocate reported. Southern’s Agricultural Research and Extension Center estimates the cost for running the […]

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Seven firms apply to run Louisiana university’s medical cannabis grow

Southern University in Louisiana has received seven applications from private companies bidding to run the school’s medical marijuana cultivation operation, including three that failed to win a similar contract with Louisiana State University. According to The Advocate of Baton Rouge, the university received applications from: Advanced Bio Medical AquaPharm Citiva Louisiana Columbia Care Med Louisiana […]

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Nevada firm picked to run LSU’s medical marijuana program

Louisiana State University selected GB Sciences, a Nevada-based marijuana company, to operate the school’s medical marijuana program, one of two in the state. Under the arrangement, GB Sciences is required to make a minimum $3.4 million contribution or a 10% commission on gross receipts to the LSU AgCenter, according to the Greater Baton Rouge Business Report. […]

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Seven firms apply to run LSU’s medical marijuana operation

Seven Louisiana companies have applied to run a new medical marijuana operation overseen by the Louisiana State University’s AgCenter, moving the state another step closer to a functional MMJ system. According to The Advocate of Baton Rouge, the applicants include Columbia Care Louisiana LLC of New Roads; CB Medical LLC of Alexandria; GB Sciences Louisiana of […]

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Chart: 8 new marijuana markets slated to launch in 2018

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.

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