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Feds May Spend Nearly $70 Million On Marijuana For Research

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Submitted by Marijuana News on Fri, 03/27/2015 - 04:55

The federal government announced Monday that it is prepared to spend tens of millions of dollars on marijuana research through the University of Mississippi, which houses the only federally legal cannabis garden in the United States.

The new contract, worth a maximum of $68.7 million over five years, was awarded by the National Institutes of Health Monday and posted to the Federal Business Opportunities website. The award is a renewal of a contract with the university that the federal government has held for more than 40 years.

In a statement provided to The Huffington Post, the National Institute on Drug Abuse, an arm of NIH that oversees the marijuana operation at Ole Miss, said, "To serve the research community, NIDA has tried to build farm capacity flexible enough to accommodate various levels of demand for research marijuana and marijuana products over the next five years."

NIDA is already obligated to spend...

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URL: 
http://www.huffingtonpost.com/2015/03/26/federal-marijuana-research_n_6947876.html

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