Six Months In And The Boom And Bust Has Already Hit Florida’s Medical Marijuana Industry

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As I’ve posted before, here and here, Florida has struggled with its roll out of Amendment Two (medical marijuana) with delays in issuing licenses, processing patient i.d. cards, etc.

Now comes news that Tetra Health Company, a California based company which quickly opened several medical marijuana clinics in Florida, is now, just a few months later, closing up most of their Florida locations.  Tetra is not affiliated with a state licensed Medical Marijuana Treatment Center (Florida has a vertical integrated license structure which means licensed Medical Marijuana Treatment Centers grow, distribute and sell medical marijuana) but instead has a business model that provides medical marijuana certification doctors that guide patients through the Florida state registration process.  Once the patients receive their i.d. cards from the State of Florida they can go to any medical marijuana dispensary.

Tetra’s Tampa, Florida location will remain open.

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