Colorado to Spend $9 Million on Cannabis Research

Colorado is preparing to spend $9 million on medical marijuana research, and the studies could utilize products that are currently being sold in the state’s marijuana market.

Under Senate Bill 14-155, which the governor recently signed into law, the state health department will give out $9 million in research grants for marijuana studies over the next five years.

The studies will seek to determine if the state should add additional medical conditions to its MMJ program, which could increase the size of the registered patient base.

The research could take a sizable step ahead of previous government-approved cannabis research, since previous cannabis studies have relied on government-grown cannabis from the University of Mississippi.

The grants will be funded by registration feeds paid by medical marijuana patients.

 

Daily News | Ancillary Marijuana Companies | Briefs | Colorado Medical Cannabis Business & Marijuana Legal News | Legal & Regulatory News for Marijuana Businesses

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note: Comments are moderated by our editors who do their best to approve comments ASAP. As Marijuana Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals. General opinions and questions about cannabis may not be posted.