01/09/17 5:30pm

HOUSTON AND SAN ANTONIO COMPANIES JOIN UP IN SPROUTING TEXAS POT MARKET Meanwhile, in La Vernia: Kyle Hagerty provides an update on Houston-based aeroponics company Indoor Harvest’s plan to team up with San Antonio-based Alamo CBD in an attempt to become of the medical pot dispensing organizations the state of Texas will have to license as part of the 2015 Texas Compassionate Use Act. If all goes as planned, Indoor Harvest and Alamo will merge, then set up a 10-acre property in La Vernia, TX, to provide Vermont-based Vyripharm with pot products of specific chemical profiles — most importantly, with consistent levels of cannabidiol, a non-psychoactive pot compound being studied for potential treatment of certain cancers and forms of epilepsy. Vyripharm, in turn, is setting up research agreements with a bunch of medical institutions in Houston and Galveston.  Hagerty notes that legal pot is one of the fastest growing industries in the country — though as UH professor Gina Warren pointed out this summer, indoor pot farming is a hugely energy- and water-intensive industry, with little regulatory infrastructure in place yet to address potential local or regional impacts. [Houston BisNow]