Cannabis remains illegal in the state, but medical oil is permitted as long as it contains less than five per cent THC.
Jones is predicting the U.S. cannabis market will continue to evolve in the future.
“Everybody knows how good this business is rolling in California. We want to jump on it first here [in Georgia] and, hopefully, around April, we can start growing,” Jones told Atlanta Business Chronicle, adding that cannabis can be a natural alternative to prescription medications like Ambien and Valium.
“The more natural (options) we have, the better off we’ll be as a country,” Jones argued.
The company is co-founded with Joe Dan Rogers, a former NFL scout for the Atlanta Falcons.
According to the Fytiko Farms website, the company has a licence to grow 100 acres of hemp in Oklahoma and has applied for a Class 2 Low-THC Oil Production Licence in Georgia.