Louisiana’s state Alcohol and Tobacco Control Board has licensed 1,500 businesses to sell CBD. Each of the businesses now fall under the state’s industrial hemp rules. The Department of Agriculture and Forestry has also started the process of licensing farms to grow hemp for 2020.
“Our industrial hemp program administrators worked hard to ensure the regulatory framework was in place as soon as feasibly possible and in time for the 2020 planting season,” said Agriculture Commissioner Mike Strain
The state issues four types of hemp licenses:
- seed production
A large variety of business have obtained the licenses including:
- gas stations
- chiropractic clinics
- specialty shops
License number one was handed out to Nanette Noland, the president of Powell Group, an agricultural investment firm. Her company plans to grow 1,000 acres of hemp. They plan to start small until industrial hemp settles down and exits its wild west phase. The Group will be planting some of the hemp alongside pine seedlings, which the company invested heavily in. While the trees ended up not panning out, she is hopeful that hemp will.
“So we have been looking to do something else with this acreage. After some investigation we decided hemp is the way to go,” Noland told the press.
The Powell Group also has plans to open laboratories to ease the heavy testing burden associated with growing hemp.
Southern University is also looking to grow hemp for CBD and is one of only two licensed entities in the state to grow medical marijuana.