March 23, 2017 medical marijuana louisiana

LSU extends deadline for medical marijuana grower applications

Marijuana cultivators that are hoping for a piece of the medical marijuana pie in Louisiana have been given an application deadline extension by LSU officials, the Advocate of Baton Rouge reported this week.

Though no reason was given for the extension, marijuana businesses that are interested in running the university’s medical marijuana cultivation program will now have until March 31 to submit their application. The original deadline was March 21.

Last year the state of Louisiana granted both LSU and Southern University, which is also located in Baton Rouge,¬†exclusive licenses to cultivate cannabis for the state’s medical marijuana program.

Estimates from the LSU Ag Center put the projected cost of constructing and running greenhouses, a testing lab and oil production facility at $11.3 million,  and the winning bidder will be responsible for fully funding the project. The Southern University Ag Center estimates businesses will need an initial investment of between $5 million and $7 million, and LSU estimates the program will take five years to achieve profitability.

Due to the limited medical conditions necessary to qualify for medical marijuana in Louisiana and the fact that only cannabis oil in liquid, pill, capsule or topical forms will be allowed, LSU estimates that only .25% of people who suffer from an approved condition (1,441 patients) will initially seek certification for medical marijuana.

One thought on “LSU extends deadline for medical marijuana grower applications

  1. How many more children Must Die how many more parents will be locked up in prison for using God’s glorious medicine cannabis to ease the pain of a filthy government that is as strong as with their own Pharmaceuticals

Care to comment?