Dig Baton Rouge

LSU AgCenter medical marijuana program needs $11 million investment

The LSU AgCenter’s business plan to convert a 15,000 square foot warehouse into a medical marijuana production facility will take an estimated $11.3 million, The Advocate reports. The plan will be fully funded by outside investors, which the AgCenter plans to seek out on Oct. 28 at a public forum.

The program won’t sell anything smokable, just liquids, capsules or pills, edible dosages and topical applications to comply with state law, according to The Advocate.

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