Florida Will Not Meet The Deadline for Medical Marijuana Licenses
According to reports, Florida will not meet the deadline for medical marijuana licenses. In light of this news, residents are becoming increasingly frustrated. Considering the constant delays and limitations of their state’s medical marijuana program, their feelings are justified.
After months of waiting, officials have announced that new medical marijuana growers will not be receiving their state-issued licenses to cultivate their crop. And therefore, they will not be able to sell it on time.
MEDICAL MARIJUANA IN FLORIDA
As outlined in an amendment passed earlier this summer, Florida health officials were supposed to distribute 10 medical marijuana licenses by Tuesday, October 3 to growers.
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Colorado drags down national marijuana prices in first half of 2017
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Son of Trump’s Cabinet Member Invested Heavily in Marijuana Market
In an ironic twist of fate, it appears a prominent member of Donald Trump’s cabinet has a strong tie to the legal cannabis industry.
Shane McMahon, the son of legendary WWE founder Vince McMahon and Linda McMahon, who runs the U.S. Small Business Administration, recently invested in a company that manufactures pre-fabricated modules for growing cannabis.
According to court documents, McMahon made a cool $500,000 investment for a sizable stake in a Connecticut-based company EnviroGrow. The start-up firm sells the modules in states where medical or recreational cannabis is legal.
Currently, 29 states and the District of Columbia have legalized cannabis for medical use, and eight of those states(Colorado, Washington, Oregon, Alaska, California, Massachusetts, Maine, Nevada, as well as DC) have legalized the plants for recreational purposes.
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