A new study conducted by pro-marijuana groups suggests that the medical marijuana industry in Louisiana could be missing out on up to $330 million. The legalization of medical marijuana could have a major financial impact on the state. But here’s the issue: Legislators would have to expand the number of medical conditions that justify the use of cannabis.
Should the medical marijuana industry be opened up to patients suffering from chronic pain, PDSD, HIV/AIDS and seizures?
The study used data including potential patient demand based on trends in states where the drug has been legalized for medicinal purposes. The study also reveals that the industry would be even more profitable if it’s opened up to patients suffering from chronic pain, PDSD, HIV/AIDS and seizures.
Medical marijuana has been legal in Louisiana for more than 20 years, but there is no established framework for the distribution or cultivation of it. Up to this day, the federal government categorizes marijuana as a “Schedule One narcotic.”