February 2018 - Volume 14 - Issue 8 | Saturday February 24, 2018

The legal cannabis industry represents a great and profitable opportunity. Unfortunately, the lack of information available has made it difficult for investors to know what is of value and should be avoided.

The future of cannabis medicine is here. On November 8th, 2016 Florida passed Amendment 2. Also known as the Florida Medical Marijuana Legalization Initiative, Amendment 2 aims to alleviate those suffering from debilitating conditions such as Glaucoma, Cancer, Epilepsy, HIV/AIDS

Investors are rarely presented with the opportunity to get in on the ground floor of an industry poised to see incremental revenue growth for decades to come. The last time investors had this opportunity was during the tech boom, which created countless millionaires.

Well, it took the Florida Legislature several tries to enact legislation reflecting the public’s will concerning the use of medical marijuana in this state. However, during the Special Session held in June, the 2017 Florida Legislature appears to have accomplished this objective. Before discussing what happened earlier this year, it is helpful to recall how it evolved.

Until 1942 physicians could write prescriptions for marijuana. Today, 75 years later, that same prescription is illegal under both Florida and Federal Law.(1) With the implementation of Amendment 2, Florida-licensed physicians are permitted to certify qualifying patients for medical marijuana use(2), yet most physicians are conservatively cautious for fear of legal repercussions.

On November 8, 2016, the Florida Medical Marijuana Legalization initiative went into effect, acknowledging medical cannabis as a treatment option for qualifying patients, under the care of a physician. 

With the passing of Florida’s Amendment 2 (the approval of medical marijuana) by 71% of Florida voters, we can expect a substantial increase in the number of patients certified to use medical marijuana in hospitals.

I recently had the opportunity to attend the South Florida Medical Cannabis Symposium for Physicians, presented by Canna Holding, along with physicians, attorneys, patient advocates and other healthcare practitioners around the state. 

As healthcare providers, we strive to continually improve upon our patient’s ability to live an involved and active life. With the advent of medical marijuana legislation in Florida, physicians now have the opportunity to help facilitate a better quality of life for those living with difficult to treat and chronic diseases such as Parkinson’s disease

One of the problems facing the majority of patients that qualify for a medical cannabis recommendation is that many of them have debilitating conditions that often hinder or limit mobility and preclude them from driving—which makes it very difficult to get in to see a physician.

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