ARCTURUS ACQUIRES 15 ACRES IN FLORIDA AGRICULTURE ZONE APPROVED TO CULTIVATE, PROCESS AND DISPENSE CANNABIS
November 10, 2016 – Vancouver, British Columbia – Arcturus Growthstar Technologies Inc. (the “Company” or “Arcturus”) (CSE: AGS) (OTCQB: AGSTF) is pleased to announce that it has signed a binding Letter of Intent (“LOI”) to acquire a 15-acre parcel of land in Homestead Florida, in a County that is designated to legally cultivate, process and dispense cannabis. Homestead is a city within Miami-Dade County in the U.S. state of Florida, between Biscayne National Park to the east and Everglades National Park to the west. Homestead is primarily a Miami suburb and a major agricultural area. Miami-Dade County is referred to as the nation’s “Salad Bowl” and “Winter Bread Basket.”
Future Farm has secured 15 acres of land in an area that has been approved for the cultivation and sale of Cannabis. FFT is now preparing to get a license to cultivate MMJ in FL
Florida: Amendment 2 passed on November 8th 2016 which legalizes medical marijuana for large number of patients in Florida which is the 3rd most populous state in the USA.
TALLAHASSEE – A Senate panel Tuesday began exploring issues surrounding medical marijuana as lawmakers prepare to carry out a constitutional amendment overwhelmingly approved by voters in November.
The Senate Health Policy Committee heard from a cannabis vendor, patient advocates, doctors and opponents of Amendment 2, which legalized medical marijuana for a broad swath of patients and set Florida in position to become one of the largest pot markets in the nation.