TheraTrue Georgia LLC has completed the acquisition of a former Louisville textile plant and is currently awaiting the official licensure to begin converting it for the cultivation and production of medical-grade cannabis oil.
For over a year now, the company has expressed interest in the 75,000 square-foot former Cadet Manufacturing building located adjacent to the Louisville Municiple Airport. In the fall of 2019, TheraTrue representatives met with city and county officials, school board members, and local law enforcement to explain their intentions for the building and answer any questions regarding the development of this new-to-Georgia industry.
On July 24 the Georgia Access to Medical Cannabis Commission (GAMCC) awarded TheraTrue and five other companies a notice of intent to award a medical cannabis production license. “The GAMCC is working through the dispute process that proceeds the award of the license,” Judge wrote in a letter to the Chamber. “The process is moving forward and TheraTrue continues preparations to move forward.”
The permits, when finalized, will allow each of these companies to grow the plants indoors, extract cannabis oil, and manufacture prescription-grade products in the form of pills, creams, transdermal patches, and oils that are not permitted to contain more than 5% THC.
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