Plant a seed: Fledgling industry's early entrants see profitable harvest

Florida’s young and rapidly evolving medical cannabis and CBD sectors have produced great opportunities — along with some growing pains.

  • By Brian Hartz
  • | 6:00 a.m. August 7, 2020
  • | 0 Free Articles Remaining!
Mark Wemple. Todd Beckwith at AltMed's 220,000-square-foot cultivation/grow facility in Apollo Beach.
Mark Wemple. Todd Beckwith at AltMed's 220,000-square-foot cultivation/grow facility in Apollo Beach.
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When Amendment 2 passed in 2016’s general election, it spawned a new industry in Florida — medical marijuana — that has rapidly expanded, approaching $800 million in total market value and nearly 16,000 jobs, according to Leafly, a website that tracks the growth of the U.S. cannabis sector.

 

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