By Abraham Aboraya
The Florida Legislature passed a law this session known as Charlotte’s Web, which allows for a low THC medical marijuana to be used in specific cases.
The bill doesn’t change the arc of Amendment 2, a proposed medical marijuana bill that would allow for voters to decide in November whether Florida should allow medical marijuana. So what does John Morgan, the Orlando attorney who’s spearheading and funding the Amendment 2 campaign, think of Charlotte’s Web?
“I think everyone sees this as the beginning of the beginning,” Morgan said in an interview with Orlando Business Journal May 28.
It has the potential to be a big industry in Florida: By some estimates, medical marijuana could be a $785 million industry. And next week, a medical marijuana business conference is expected to draw 150 to 200 people to Orlando.
Will Charlotte’s Web have an impact on businesses?
“Charlotte’s Web will have a business impact, but for a very few select people,” Morgan said. “It’s very limited. It’s an oil, and the people who will benefit are mainly children. It’s nowhere near the breadth of what we need.”
The last poll on medical marijuana, done by Quinnipiac University last November, found 82 percent of likely voters support passing the medical marijuana amendment. But even if the bill is passed, enacting it will be a challenge, Morgan said.
“Passing this amendment is one thing, but enacting it is another,” Morgan said. “Gov. Scott is going to make the enactment of even this law [Charlotte’s Web] very difficult. He’s said the grower would have had to be in the state for 30 years, it has to be administered in a hospital. When you look at the preview of where he’s thinking, it’s a lot of bureaucracy and a lot of red tape.”
Copyright 2014, American City Business Journals