WAILUKU — A former Major League Baseball player has announced a partnership agreement between his Hawaii cannabis business and a California-based hemp business.
The Maui News reported Thursday that ex-major leaguer Shane Victorino’s company Legacy Ventures Hawaii has partnered with Arcadia Biosciences on Tuesday to grow, extract and sell hemp products beginning in late 2019.
Officials say the partnership, Archipelago Ventures, combines Arcadia’s experience and expertise with Legacy Ventures growth and Hawaii knowledge.
Officials say Arcadia was granted a license in March to cultivate hemp for research and retail at its 10-acre facility on Molokai where scientists say there are state geographic and climate advantages for growing and harvesting.
Officials say Legacy’s equity partner Vapen CBD will be responsible for construction and operation of the hemp-extraction facilities.
Information from: The Maui News, http://www.mauinews.com