Louisiana Medical Cannabis Business & Marijuana Legal News


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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LSU extends deadline for medical marijuana cultivation applications

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 deadline was […]

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Louisiana could be producing medical cannabis by end of year

One of the two establishments legally allowed to grow medical cannabis in Louisiana says it could have a grow operation up and running before the end of the year. The state’s restrictive MMJ program permits only Southern University and Louisiana State University (LSU) to grow cannabis for legal patients, which has led many observers to conclude […]

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LSU seeking contract growers for medical cannabis

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 harvested by […]

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

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.

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LSU seeks $11.3M for medical marijuana grow site

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 and Southern […]

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