Sherwin Williams makes a two part water based epoxy that would be a good choice. Water based epoxies have almost completely replaced all other high VOC paints for interior use. There is at least one manufacturer who offers a two part water base epoxy with a floral scent :roll:. You should also caulk the joints between panels before painting. If the smell is not an issue, use an elastomeric paint that will move with the wood and could span the joints in the stand.