Marijuana Firm Buys Buildings In Florida

BRADENTON (CBSMiami/AP) — Positioning itself before a state legislators take up a medical marijuana measure later this year, a publicly traded firm which grows medical marijuana has acquired a trio of industrial buildings just north of the Sarasota-Bradenton International Airport.

Cannabis Rx is believed to have recently paid roughly $1.2 million for the 9.26-acre property, according to the Herald-Tribune.

The company's chief executive says the property would serve as an ideal location for a licensed grow facility and/or distribution center.

In November, Florida voters will consider whether to approve an amendment to the state constitution that would legalize marijuana for medical use with a prescription from a physician.

Based on recent polls of registered voters, the amendment stands a good chance of passing by the required 60 percent majority.

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• Marijuana
• Florida Legislature
• Medical Marijuana