The Southern University partnership with Sophisticated Biomedics (AB) to make and course of action therapeutic Cannabis or medical marijuana for the Louisiana patient population is woefully behind schedule. Provided that the state of Louisiana opted to have the fewest quantity of producers in the nation amongst legal healthcare marijuana (mmj) states, this scenario creates however a further significant challenge for the bigger plan. With LSU’s partnership obtaining not too long ago harvested their very first crop, this puts the mmj provide in the hands of a sole supply provider or monopoly.
The superb post beneath offers a further appear inside of the Louisiana mmj plan and it offers extra essential particulars on the 1/two of production below the handle of Southern University. What it does not however clarify are these issues: (1) Why Southern University has permitted their companion, AB, to continue for more than a year with no displaying any tangible indicators of progress of any sort – no land, no developing, no gear, no contracts, no employees of any sort, (two) How considerably longer this non-functioning plan will be permitted to continue, (three) Aside from the promised money to SU that has in no way materialized, why SU chose AB in the very first spot or permitted them to continue when none of the benchmarks have been met or contracts for any employees or professionals have been in spot, (four) Irrespective of whether there is any minority ownership or SU alumni involvement in AB, and (five) How the particulars of the Perret deal to acquire a majority of AB from Castille reveal a “flipping” work to take handle of the contract from 1 Lafayette region man with no capacity to make or course of action mmj and transfer it to a further Lafayette region man who similarly has no group in spot to cultivate, extract and produce Cannabis medicines for the sufferers of our state.
When all of this festers at the expense of Louisiana’s sufferers, the SU leadership has therefore far performed small to nothing at all to intervene and assert the handle that was granted to them by the Louisiana legislature. The legislators and elected officials, therefore far, have been prepared to appear the other way though this scenario continues. Meanwhile, all SU would have to have to do in order to confirm that AB is a “house of cards” in breach of their contract is to request a copy of any of the employment agreements or contracts with any of their alleged group. Carrying out this would also reveal that AB was wrongly awarded points by the SU critique committee for a “team” that only existed on the application papers, but that in no way essentially existed in actual time. Hence, SU chose a “team” that had a combined total of zero () years of knowledge in the business, no capacity or capacity to provide on the promises to the University to make mmj and, in truth, none of the minority or SU alumni ownership or participation that Southern purported to want in their partnership.
That final component is also extremely damning due to the fact the bigger national mmj business suffers from a pitiful paucity of minority and especially black ownership or even employment (~1-five%) and this was to have been the golden chance for the only HBCU in the nation with any involvement in the business to make a actual distinction in that regard. SU has inside it is attain the capacity to employ the most effective and the brightest in this business and to train the subsequent generation of Cannabis experts and entrepreneurs. Meanwhile, wealthy white LA republicans with no knowledge or even any actual interest in mmj (beyond the cash) are busy flipping or attempting to flip this contract for actually millions of dollars though SU sits idly by and empty handed and the sufferers are nonetheless suffering. Under, this post in the Advocate is the closest we’re going to get for now at a fuller image of what is taking place behind the scenes more than at Southern University – a quasi-governmental entity. Alas, it seems that Louisiana could nonetheless mess up a lemonade stand and so far, Southern itself is not generating the grade, but rest assured that SMPL is maintaining a watchful eye.