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Home 🌿 Cannabis Technology News 🌿 After amendment failed, would-be marijuana growing operation turns to investment 🌿After amendment failed, would-be marijuana growing operation turns to investment
Bhang Corporation makes and markets cannabis-infused chocolates and is working on a deal to produce more traditional medical delivery systems, such as transdermal patches with AltMed LLC of Sarasota. Photo provided by Bhang Corporation.
SARASOTA COUNTY — In November – when Florida’s medical marijuana amendment came up two points short of the 60 percent approval that would give it the force of constitutional law – AltMed LLC was forced to confront an uncomfortable truth.
Bhang Corporation makes and markets cannabis-infused chocolates and is working on a deal to produce more traditional medical delivery systems, such as transdermal patches with AltMed LLC of Sarasota.
Photo provided by Bhang Corporation.
With no backup plan, the Sarasota County-based startup had become somewhat of an orphan: a would-be marijuana provider in a state that may or may not have a full-fledged medical program by 2018.
“We came in and sat down and...
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