Cannabis Manufacturing Businesses for Sale in South Carolina

South Carolina presents a unique and evolving landscape for cannabis manufacturing, primarily centered around hemp-derived products. While recreational cannabis remains illegal in the state, and medical marijuana is limited to low-THC CBD oil for specific epilepsy conditions under Julian's Law (2014), the industrial hemp program offers opportunities for processors.

Currently, cannabis manufacturing businesses in South Carolina focus on the processing of hemp into a variety of products, including CBD oils, extracts, and other hemp-derived goods, all adhering to the strict 0.3% THC limit. The South Carolina Department of Agriculture (SCDA) oversees the Hemp Farming Program, issuing permits for hemp processing to ensure compliance with state and federal regulations. This allows entrepreneurs in cities like Columbia, Charleston, Greenville, and Myrtle Beach to engage in the legal production of these growing market segments.

Looking ahead, South Carolina is on the cusp of significant legislative change. The South Carolina Compassionate Care Act (SB53), a medical cannabis bill, has seen considerable movement, passing the Senate multiple times in recent years. This proposed legislation aims to establish a comprehensive medical cannabis program that would include a framework for dedicated manufacturing licenses for medical cannabis products such such as edibles and oils, packaging, and wholesale distribution. Should this bill pass, it would dramatically expand the scope for cannabis manufacturing businesses across the state, creating new avenues for growth and investment.

CannaMLS is the number one place to find cannabis businesses and cannabis real estate for sale in the state of South Carolina, including existing hemp processing facilities and properties suitable for future medical cannabis manufacturing operations.

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