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Former baseball star Andruw Jones enters cannabis sector

Fytiko Farms, the ex-player's brand, plans to produce cannabis oil with low doses of THC for medical patients in Georgia

Former baseball star Andruw Jones enters cannabis sector

Curated and edited by Sechat Content, with information from The GrowthOp (Sam Riches)

Five-time Major League Baseball (MLB) All-Star Andruw Jones is now a co-owner of a cannabis company, according to the Atlanta Business Chronicle.

Initially, Fytiko Farms, which also operates in Oklahoma, plans to produce cannabis oil with low doses of tetrahydrocannabinol (THC) for medical patients in Georgia. Cannabis remains illegal in the state, but medicinal oil is allowed as long as it contains less than 5% THC.

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The growth of the cannabis market in the United States

Jones foresees that the US cannabis market will continue to evolve in the future. “Everyone knows how well this business is doing in California. We want to start with this first here [in Georgia] and hopefully by around April, we can start growing,” Jones stated, adding that cannabis can be a natural alternative to prescribed medications like Ambien and Valium. “The more natural options we have, the better off we will be as a country,” Jones argued.

The company is co-founded with Joe Dan Rogers, a former NFL scout for the Atlanta Falcons.

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According to the Fytiko Farms website, the company has a license to cultivate 100 acres of hemp in Oklahoma. Additionally, the company has applied for a Class 2 Low-THC Oil Production License in Georgia.

MLB rules on cannabis

Of the major sports leagues, MLB has some of the most progressive policies regarding cannabis, treating the plant the same way as alcohol. In a memo last year, the league warned players that they will no longer be tested for cannabis, but those who show up to work visibly intoxicated will face consequences.

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“While natural cannabinoids are no longer considered prohibited substances by MLB Drug Programs, there are still restrictions and risks associated with the use, possession, and distribution of marijuana and other natural cannabinoids,” the memo noted.

Check out other content about the cannabis market published by Sechat:

https://www.sechat.com.br/estrelas-do-rugby-tornam-se-empreendedores-do-bem-estar-da-cannabis/
https://www.sechat.com.br/em-onda-positiva-mercado-de-cannabis-experimenta-altas-historicas/
https://www.sechat.com.br/jogadores-andre-schurrle-e-mario-gotze-do-7x1-de-alemanha-e-brasil-investem-em-cannabis-medicinal/
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