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After amendment failed, would-be marijuana growing operation turns to investment

Submitted by Marijuana News on Mon, 07/06/2015 - 08:45

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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http://marijuana.heraldtribune.com/2015/07/04/after-amendment-failed-would-be-marijuana-growing-operation-turns-to-investment/

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