Louisiana Medical Marijuana Program Expands
Marijuana Stocks, Finance, & InvestingUncategorized August 19, 2020 MJ Shareholders
Louisiana’s path to a medical marijuana program has been a tortuous and frustrating one. State lawmakers passed a law instating a limited program in 2015, but cannabis products did not begin to reach patients at the nine approved pharmacies until August of last year. There are still fewer than 4,500 patients registered to access cannabis products under the law.
After what has been an agonizing delay for many patients, Louisiana’s legislature has finally taken moves to expand the program.
The program will still allow only extracts, tinctures and other such preparations — not actual herbaceous cannabis, either smoked or vaped. And only two “agricultural centers” are permitted to cultivate and process — one at Louisiana State University and one at Southern University, both in Baton Rouge and the latter a historically Black university. LSU, partnering with the private Wellcana Group, finally produced enough cannabis to begin supplying the approved pharmacies a year ago, Associated Press notes. The Advocate, the state’s biggest newspaper, reported the happy news that Southern University, partnering with Ilera Holistic Healthcare, finally shipped out its first tinctures and other products last month.
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