Louisiana

Wed
06
Sep

Questions raised about company LSU will contract to grow marijuana for medical uses

The loser in the bid to grow medical marijuana for LSU claims the winning company’s financial disclosures are full of “red flags” that could invite federal investigation and tarnish the university’s reputation, according to a three-page letter released Tuesday.

Mon
26
Jun

Medical marijuana contract will give LSU at least $3.4M

The first medical marijuana production deal struck in Louisiana is expected to bring the state’s flagship university at least $3.4 million over five years.

In its bid offer, the contractor agreed to pay that amount or 10 percent of gross receipts, whichever is higher, to the LSU Ag Center for permission to grow medical marijuana.

The LSU Board of Supervisors gave its blessing to the arrangement Thursday, authorizing System President F. King Alexander to work out details of a final contract with GB Sciences Inc.

The AgCenter selected the Las Vegas-based company to manage the growing operations from seven potential vendors who applied.

Mon
19
Jun

Contractor chosen for Louisiana medical marijuana production

Medical marijuana in Louisiana is moving closer to production, with a contractor for the growing operation chosen by Louisiana State University.

The LSU AgCenter has selected a New Orleans affiliate of a Las Vegas company to do the work. GB Sciences was chosen from seven potential vendors.

A contract awaits consideration by the university governing board on Thursday.

Louisiana lawmakers agreed to a framework for dispensing medical marijuana in 2015.

The law will eventually get medicinal-grade marijuana to people with cancer, a severe form of cerebral palsy, seizure disorders, epilepsy, muscular dystrophy and other diseases. Eligible patients are expected to have access to the drug next year.

Fri
28
Apr

Plans to grow medical marijuana discussed in Louisiana House committee

The lucrative nature of marijuana sales was at the center of a House Committee on Agriculture, Forestry, Aquaculture, and Rural Development discussion today about a law that puts the state into the marijuana distribution business.

Louisiana State University and Southern University are the two schools that plan to grow marijuana at separate facilities for use as medical treatments authorized under legislation approved last spring that legalizes and regulates such distribution. LSU’s operation alone is estimated to cost between $10 million and $15 million, and lawmakers were warned it will take seven to eight years for the operation to become lucrative.

Tue
15
Nov

Cannabis Users More Prone to Rare Broken Heart Syndrome—Study

Smoking cannabis has been known to treat certain forms of cancer, but a recent study has found a link between use of the controversial herb and a heart-weakening condition.

Stress cardiomyopathy, popularly known as broken heart syndrome, shows symptoms eerily similar to a heart attack, including chest pain, shortness of breath, dizziness and fainting.

The effects of the rare illness, which is often caused by the heart’s inability to pump blood, are usually short-lived but could indicate a more serious condition, according to a report by The Telegraph.

Mon
03
Oct

Plans to grow and produce Louisiana medical marijuana

The LSU AgCenter is continuing with plans to grow medical marijuana and hope to have seeds in the ground early next year. AgCenter President Dr. Bill Richardson says they should have a business plan in place this month and they are working closely with law enforcement to ensure they are comfortable with every aspect.

“We’re meeting, have a series of meetings with the Dept. of Agriculture and Forestry, who is writing the rules for the project, the Board of Pharmacy, the Board of Medical Examiners, making sure we do this exactly right.”

Richardson says they hope to get started in 2017 at an off campus location in East Baton Rouge Parish. He says legislation passed this year helped them move forward with the process and gave them exclusive rights to produce the drug.

Mon
27
Jun

Two Louisiana Universities Decided to Move Forward with Medical Marijuana

The Department of Agriculture and Forestry gave the necessary opportunity for Louisiana State University and Southern University first right of withholding and both institutions have expressed their interest in moving forward.

After their Friday meeting, Dr. Adell Brown, Southern's Interim Chancellor, stated that the institution has come up to a decision to submit a letter stating they will accept becoming the cultivator of Louisiana state, The Times reported.

Tue
21
Jun

New Orleans Softens Marijuana Possession Laws Starting This Week

Starting Wednesday (June 22), simple possession of marijuana in New Orleans will carry far fewer consequences for repeat offenders. Police have been able since 2010 to issue a court summons to someone caught for the first time with weed. Now that option will extend to subsequent offenses.

The City Council approved an ordinance in March that gives New Orleans police greater latitude on pot possession. They are attempting to help police spend less time on minor crimes and keep low-level offenders out of the city's jail.

Tue
07
Jun

Louisiana Gearing up for Marijuana Business: How Much Might LSU, southern, Companies Profit? How Will It Be Distributed?

Growing up on a cotton farm in Missouri in the 1950s, Bill Richardson didn’t know a thing about marijuana. Nobody talked about it, he never saw it and he certainly never smoked it.

“I didn’t inhale,” Richardson, LSU’s 71-year-old vice president for agriculture and dean of the College of Agriculture, said with a smile in a recent interview.

Richardson has become the unlikely leader of an effort to get LSU into the pot business.

Fri
27
May

Louisiana Will Remain Just Shy Of A Workable Medical Marijuana Program For Another Year

I received the following alert out of Louisiana:

I am sorry to report that the Louisiana Legislature continues to repeat its mistakes. For nearly 40 years, flawed legislative drafting has prevented the establishment of a workable medical marijuana program. Yesterday, the House took another step forward by passing S.B. 180, but it failed to fix a key omission.

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