website stat Infighting threatens sale of Florida Marijuana Dispensary
Infighting threatens sale of Florida Marijuana Dispensary
Admin Add Dispensaries (TOTAL POSTS:141) 4/27/2017 6:20:01 PM

For those who are entering the marijuana business here is an article that shows how cut throat the industry has become.
Me myself being in the cannabis has witnessed it first hand. If you are not battling with competition you will be battling with the State and taxes.



http://www.miamiherald.com/news/local/community/miami-dade/article147111924.html

Infighting threatens sale of Florida marijuana dispensary.

Infighting threatens sale of Florida marijuana dispensary

BY DAVID SMILEY

A lucrative deal that would place a private Fort Lauderdale equity firm at the center of Florida’s fast-growing medical marijuana market is at risk of collapsing amid allegations of “ransom demands” and a corporate coup inside a state-licensed pot dispensary.

 

According to the details of a lawsuit brought by politically connected Panhandle developer Jay Odom against his partners, the shareholders of the Chestnut Hill Tree Farm cannabis nursery in Alachua have splintered over the pending sale of the company’s assets to a new operator. A partnership between South Florida’s Delavaco Group and publicly traded Canadian cannabis conglomerate Aphria announced the planned acquisition this month, but infighting has jeopardized the chances of completing a sale by a June 1 deadline.

 

Read more here: http://www.miamiherald.com/news/local/community/miami-dade/article147111924.html#storylink=cpy

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