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Businesses Have Eyes Set On Florida’s Medical Marijuana Bill in November

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Rosie Yagielo runs a marijuana business at the southern edge of a state where medical pot isn’t available.

Based in a small office in Key Largo, HempStaff doesn’t grow the drug or sell it.

Yet it could profit if voters in November approve an amendment to expand the legal uses of medical marijuana. HempStaff is one of 15,000 businesses nationwide that provide services and technology to marijuana growers and dispensaries.

They see Florida as an opportunity. The state’s budding marijuana market could be one of the largest in the country within a matter of years if 60 percent of voters approve Amendment 2.

By 2018, medical marijuana users will spend nearly $200 million in Florida, according to estimates by New Frontier, a financial analyst that focuses entirely on cannabis. It says that by 2020 the state will make up 14 percent of the nation’s legal marijuana use. [Read more at Tampa Bay Times]

 

 

The post Businesses Have Eyes Set On Florida’s Medical Marijuana Bill in November appeared first on Cannabis Business Executive - WPE.


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