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New medical marijuana law draws millions in Mississippi investment

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DeAundrea Delaney built a hemp empire in Mississippi, but her sights have long been set on opening one of the state’s first medical marijuana dispensaries. 

As Delaney, 42, waited for Mississippi’s medical marijuana program to clear legislative hurdles, she set up a foundation selling what she legally could: products with hemp-extract cannabidiol, or CBD. Hemp is marijuana’s cousin — cannabis without the high. 

Delaney opened her first Hemp World store in 2019. At the time, she had just left her job at an insurance office. Her husband was working at a Nissan manufacturing plant. The couple struggled to pay bills and build their savings while caring for their blended family of six children.

Selling CBD changed everything for Delaney’s financial situation. Medical marijuana will too. And not just for her business, she said, but for the state. 

“We’re on the cusp of a green economy here,” Delaney said from inside a new Hemp World shop she helped open in Olive Branch last week.

To her, that “green” economy refers to all the new jobs and revenue that will soon come into Mississippi to support the medical marijuana industry. With Mississippi’s medical marijuana program just months from becoming reality, Delaney and other entrepreneurs are investing hundreds of thousands — even millions, in some cases —  to create the needed infrastructure to support it. 

Various products offered, from Delta 8 infused pecans and…

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DeAundrea Delaney built a hemp empire in Mississippi, but her sights have long been set on opening one of the state’s first medical marijuana dispensaries. 

As Delaney, 42, waited for Mississippi’s medical marijuana program to clear legislative hurdles, she set up a foundation selling what she legally could: products with hemp-extract cannabidiol, or CBD. Hemp is marijuana’s cousin — cannabis without the high. 

Delaney opened her first Hemp World store in 2019. At the time, she had just left her job at an insurance office. Her husband was working at a Nissan manufacturing plant. The couple struggled to pay bills and build their savings while caring for their blended family of six children.

Selling CBD changed everything for Delaney’s financial situation. Medical marijuana will too. And not just for her business, she said, but for the state. 

“We’re on the cusp of a green economy here,” Delaney said from inside a new Hemp World shop she helped open in Olive Branch last week.

To her, that “green” economy refers to all the new jobs and revenue that will soon come into Mississippi to support the medical marijuana industry. With Mississippi’s medical marijuana program just months from becoming reality, Delaney and other entrepreneurs are investing hundreds of thousands — even millions, in some cases —  to create the needed infrastructure to support it. 

Various products offe
red, from Delta 8 infused pecans and…

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