US (MS): New medical cannabis law draw millions in investment

“I think that’s going to have ripple effects for the whole state. That’s additional money in the budget. I know that’s the hope, that they can create new tax dollar revenue to give back to the people.” 

DeAundrea Delaney built a hemp empire in Mississippi, but her sights have long been set on opening one of the state’s first medical cannabis dispensaries. 

As Delaney, 42, waited for Mississippi’s medical cannabis program to clear legislative hurdles, she set up a foundation selling what she legally could: products with hemp-extract cannabidiol, or CBD.

Delaney opened her first Hemp World store in 2019. At the time, she had just left her job at an insurance office. Her husband was working at a Nissan manufacturing plant. The couple struggled to pay bills and build their savings while caring for their blended family of six children. Selling CBD changed everything for Delaney’s financial situation. Medical cannabis will too. And not just for her business, she said, but for the state.   

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