Feds May Spend Nearly $70 Million On Marijuana For Research

March 26, 2015 7:10 PM

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The federal government announced Monday that it is prepared to spend tens of millions of dollars on marijuana research through the University of Mississippi, which houses the only federally legal cannabis garden in the United States.

The new contract, worth a maximum of $68.7 million over five years, was awarded by the National Institutes of Health Monday and posted to the Federal Business Opportunities website. The award is a renewal of a contract with the university that the federal government has held for more than 40 years.

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