![]() ![]() In 2015, three nurseries combined forces to apply for one of those licenses under the name Hackney Nursery. The state would issue five of those early cannabis licenses, one for each of five regions in the state. A nursery had to have been in the state for at least 30 years and cultivate at least 400,000 plants to qualify for a license application. The Gaetz amendment passed by the House allowed only some of the state’s largest farms to get in on the medical marijuana business. The application would be open to out of state businesses. ![]() The original Senate version of the bill allowed Florida’s Department of Health to create an application process limiting the number of companies eligible for a license. Matt Gaetz erected significant barriers for entry into the medical marijuana marketplace. Their changes would ultimately decide the fate of the industry.Īn amendment crafted by then-state Rep. On the second-to-last day of the 2014 legislative session, House lawmakers ripped up, then recreated a bill allowing marijuana that had been essentially stripped of its main psychoactive ingredient to be grown and sold to a small number of seriously ill patients. “Burnette is not affiliated with Trulieve operations, and this situation has no bearing on Trulieve or Kim Rivers as its CEO,” Vancore said. Want more of our free, weekly newsletters in your inbox? Let’s get started. 21 Securities and Exchange Commission filing of potential consequences for Rivers if the CEO was implicated in her husband’s case. However, there was a time that Burnette’s case looked to pose a threat to Trulieve’s top executive. Curaleaf, for example, was down 15 percent from mid-July through Wednesday. Steve Vancore, a Trulieve spokesperson, noted that other large cannabis firms have also seen their stocks fall in recent weeks. Burnette are other people in the industry engaging in wishful thinking.” They talk about Kim Rivers,” said Ben Pollara, a political consultant who helped craft the Florida constitutional amendment that led to a massive expansion of the medical cannabis program in 2016. Still, if Trulieve was dealt a blow by the Burnette case, Florida industry insiders said they don’t expect the company to be staggered for long. The company’s stock fell about 29 percent from the start of the trial through Wednesday. Rivers herself was subpoenaed in the case for information, although that inquiry was about a different business venture, not Trulieve. Halsey Beshears, is the brother of a Trulieve board member. ![]() One of those lawmakers, former state Rep. Burnette had to answer questions on the stand about a tape-recorded conversation he had with undercover FBI agents in which he bragged about helping lawmakers craft the 2014 law that paved the way for Trulieve to enter the Florida market. ![]()
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