A Des Moines-based company will be the first and only in Iowa licensed by the state to grow marijuana and make medical products from it.
The Iowa Department of Public Health intends to give a cannabidiol manufacturing license to MedPharm Iowa, the company announced Tuesday. MedPharm Iowa is a newly formed company owned by Chris Nelson, president and chief executive officer of ingredient company Kemin Industries.
The Health Department has until Friday to formally issue a license, but the company announced its selection in advance of the deadline.
The manufacturing license comes out of an agreement earlier this year to vastly expand Iowa’s limited medical cannabis program.
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Source: Cannabis Business Times