Texas Opens Frist MMJ Dispensary – Marijuana Stocks

The first medical marijuana dispensary in Texas has opened for business. On Thursday, Compassionate Cultivation in Austin opened its doors for the small group of patients that participate in the Lone Star state’s medical marijuana program. What is even more noteworthy about this dispensary is that it is the only one in the entire state with CBD oil ready for sale.

Three years ago, Governor Greg Abbott signed the marijuana-related Compassionate Use Act into law. This provided patients that suffer from certain types of epilepsy access to use “low-THC”” CBD oil as an alternative to prescription drugs.

At the bill’s signing, Abbott stated, “There is currently no cure for intractable epilepsy and many patients have had little to no success with currently approved drugs. However, we have seen promising results from CBD oil testing and with the passage of this legislation, there is now hope for thousands of families who deal with the effects of intractable epilepsy every day.”

Although CBD oil was now deemed legal, patients either had to wait for legal access or smuggle it in from another state, until now. With only three CBD providers throughout the entire state, Compassionate Cultivation is the only one that has CBD oil ready for purchase.

The process for patients with intractable epilepsy to be approved for CBD oil has its own obstacles. First patients must receive two different physician recommendations, and with only seventeen physicians in the state that support medical marijuana it can take some time. Once the physicians’ paperwork is filed, the patient is then entered into a database which gives them the green light to purchase their treatments.

Texas’ first medical marijuana patients was a six-year-old girl with epilepsy. The Epilepsy Foundation has reported that there are nearly 150,000 people that could qualify for CBD oil under the Compassionate Use law. However, Governor Abbott remains resistant to pass additional marijuana-related bills during his term. But, the state’s lawmakers are seeking a more comprehensive medical marijuana program later this year.

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