The company Cannabis Sativa, Inc. is set to acquire 49 percent of a Los Angeles County, California property with the intention of cultivating industrial hemp. The industrial hemp growing operation will not be headed by Cannabis Sativa, Inc. Instead, the company plans to lease its new property to a hemp farmer. All operations are set to operate within the Adult Use of Marijuana Act, also known as Proposition 64.
Section 9 of Proposition 64 allows for the cultivation of industrial hemp. According to the text, “The initiative enables legal production of industrial hemp under California’s existing hemp law, which has been in suspense pending approval by the state Attorney General and federal government.” Now that industrial hemp farming will be permitted in California, countless economic opportunities will become available, and the positive effects this could have on our environment are limitless.
The President of Cannabis Sativa, Inc., David Tobias, shared his company’s excitement in a press release. “We are excited to play a role in what we anticipate will be one of California’s first hemp farms under Prop 64.” The plan is for the cannabis grow operations to start as soon as January of 2017. The organic industrial hemp that is cultivated at the site will be used to produce various high quality products.
Cannabis Sativa, Inc. is a company that focuses on branding and marketing the best, legal products made from hemp and cannabis. The company has a brand of dispensaries, each of which is referred to as a “hi Dispensary.” The first one opened in Portland, Oregon. They offer opportunities for others to open their own “hi branded” dispensary in one of the many medical or recreational cannabis states.
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