$ 25 Million Medical Cannabis Facility to Bring “Budding Industries” to San Marcos – Corridor News

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Sierra Martin | Editor-in-chief

SAN MARCOS – Parallel, one of the largest cannabis companies in the country, selected San Marcos to be the location of its new $ 25 million Texas headquarters for medical cannabis company goodblends.

On April 19, 2021, construction began on three buildings, one retail and two industrial buildings, with a total area of ​​around 63,000 square meters. Goodblend expects to complete the project early next year.

Marcus Ruark, President of goodblends in Texas.

According to a New Frontier Data Report, the entire legal cannabis industry is in America valued at approximately $ 13.2 billion and an estimated value of $ 41 billion by 2025. As the industry continues to grow, goodblend’s new facility will ultimately create hundreds of jobs in a variety of functions including cultivation, manufacturing, analytical chemistry, formulation science, marketing, customer care and retail.

Marcus Ruark, President of goodblend in Texas, San Marcos, was selected for its headquarters due to its diverse workforce, projected future community growth, and central location.

“We will expand production in line with the growth of the patient population, and we will continue to offer our patients the widest range of products and continue to innovate,” said Ruark.

At the end of the last legislature, Texas Governor Greg Abbott signed several bills that expand who qualifies for medical cannabis. Starting September 1st, patients with post-traumatic stress disorder or any form of cancer will now qualify for access to medical cannabis. The legislation also doubles the allowed THC concentration from 0.5% to 1%.

Only a qualified doctor who is a nationally recognized specialist can prescribe medical cannabis. Goodblend created a virtual clinic on their website to give patients access to qualified doctors. The company also prides itself on having “reasonable prices” for its products and services as medical cannabis is not covered by insurance.

Goodblend was the state’s first medical cannabis company to make lozenges, cannabis-infused lotions, gums, and a THC-dominant edible. Most recently, the company launched medicinal capsules and a tincture called Dream CBN. CBN is a cannabinoid that is created when THC is heated or exposed to oxygen and light over time and is known as a sleep aid.

“(Dream CBN) can be life changing because when someone has or is in pain from a treatable condition like terminal cancer or epilepsy, it is almost impossible to get a good night’s sleep,” said Ruark. “The fact that we can help them with this all-natural drowsy cannabinoid is just fantastic.”

goodblend’s Dream CBN tincture oil

Over the next five years, Ruark can see the medical cannabis industry expand significantly. The biggest challenge facing the industry, however, is to better educate patients and prescribers about the benefits of cannabis.

“The challenges we have are related to awareness and education,” said Ruark. “We have a big job to do to make Texans aware of this program. And there’s a pretty good chance that if you’re suffering from something, you can use medicinal cannabis to improve your well-being. “

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