Pubdate: Mon, 09 Jun 2014 Source: Sun-Sentinel (Fort Lauderdale, FL) Copyright: 2014 Sun-Sentinel Company Contact: http://drugsense.org/url/mVLAxQfA Website: http://www.sun-sentinel.com/ Details: http://www.mapinc.org/media/159 Author: Dara Kam, The News Service of Florida Page: 3B GEARING UP FOR POT Professionals Look to Cash in With Florida Posed to Legalize Marijuana Use for Seizures Tallahassee lobbyists and lawyers are hooking up with investors, nursery owners and a variety of other businesspeople with leafy green stars in their eyes in the quest to cash in on Florida's newest regulated industry. With Florida on the verge of becoming the first Southern state to legalize any form of marijuana, lobbyists from large and small firms are pitching their regulatory expertise and inside connections with an eye not only on nailing down new clients but possible ownership stakes in what, at least for now, may be a limited industry. Gov. Rick Scott has yet to receive a bill that will legalize a form of marijuana that purportedly does not get users high but which alleviates life-threatening seizures. Scott has said he will sign the measure (SB1030). Lawmakers broadened eligibility for the substance to include cancer patients as well as those suffering from severe muscle spasms or seizures, thereby opening up the market for potential sellers. The strain of marijuana is high in cannabidiol (CBD) and low in euphoria-inducing tetrahydrocannabinol (THC). Doctors are supposed to be able to start ordering the low-THC substance for their patients on Jan. 1, meaning the Department of Health has less than six months to move forward with rules and regulations. Passage of the bill has generated a frenzy of activity on the part of investors, growers, pot-shop operators from other states and entrepreneurs looking to make a quick buck not only on the low-THC marijuana but on the "traditional" medical marijuana that could become legal in Florida after November. Voters will decide during the fall elections if physicians should be allowed to order pot for severely ill patients. "There's so much confusion and there's a gold rush out there and people are getting ripped off," said Tallahassee lobbyist Jeff Sharkey, who with associate Taylor Patrick Biehl recently created the "Medical Marijuana Business Association of Florida." The for-profit corporation is aimed, in part, at advocating for patients and representing businesses that might provide services or supplies to a health-care industry that will inevitably mushroom around the pot dispensaries, Sharkey said. Lobbyists Louis Rotundo and Ron Watson registered to represent the "Florida Medical Cannabis Association," which formed in February and includes businesspeople and at least one lawyer from Central Florida. Jon Costello, Gary Rutledge and Steve Schale recently registered to represent "Sanctuary Cannabis," a Florida company whose two partners are lawyers. "There is a real big opportunity for lobbyists and lawyers to work with the businesses. Gold rush? I don't know about that. But opportunities in a newly regulated industry? Absolutely," Costello said. - --- MAP posted-by: Jay Bergstrom