Bastrop will be home to new $8 million medical marijuana facility
3 min read
Bastrop will host a new $ 8 million medical marijuana facility
Texas Original Compassionate Cultivation is building a new facility to keep pace with growing demand as the state’s medical marijuana program expands.
BASTROP, Texas – One of three Texas licensed medical marijuana pharmacies is moving Bastrop.
Texas Original Compassionate Cultivation is building a new $ 8 million facility to keep pace with growing demand as the state’s medical marijuana program expands. The pharmacy has already started construction of the new 95,000 square meter facility in Bastrop.
“The time has come for us to take the step now,” said Morris Denton, CEO and founder of Texas Original Compassionate Cultivation.
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More than two years after purchasing 25 hectares of land outside the city limits of Bastrop, the company has begun construction of the brand new medical marijuana facility. “As the market continues to grow and develop, our business needs to grow and develop with it,” said Denton.
A new Texas law, which comes into effect September 1, expands the state’s current compassionate use program. For the first time, veterans with PTSD and cancer patients are added to the list of those who have access to medical marijuana. That could potentially attract hundreds of thousands of new customers to donor organizations like Texas Original Compassionate Cultivation.
“What we’re seeing is, if you will, it’s becoming a mainstream medical cannabis in the state, which opens up a lot more prescribers, which leads to a lot more patients, and we’re starting to see.” That evolution is happening today and we expect that growth will continue through 2022, 2023, “said Denton.
The law will also increase the THC percentage allowed in products from 0.5 to 1 percent. However, this limit is still much lower than most other states with medical marijuana programs.
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“It’s hard to tell whether a boom is on the way or not. With the arbitrary 1 percent weight limit imposed by law, that will of course discourage a lot of people from going along with it,” said Denton.
The new facility is approximately 13 times the size of the company’s current operations in Manchaca, but will include all of the same processes.
Professionals in the facility will grow, extract, test, and sell medicinal cannabis products, just on a much larger scale. “We assume that we could expand Bastrop by several hundred jobs right on the edge of the city limits,” said Denton.
Still, the CEO and founder of Texas Original said there is a lot to do in the Lone Star State when it comes to medical marijuana. “Until there is a full medical market in Texas, we will continue to do what we do, which is advocate access to this herb,” said Denton.
The completion of the new facility is planned for the second quarter of 2022.
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