Category: Cannabis News

Viridian Capital Advisors is pleased to announce that Ms. Lindy Snider has joined the Viridian Advisory Board. 

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

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.

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.

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.