On Friday, January 24, Chad Cooke and Andy Monet went out for a celebratory beer. Earlier that day, election officials had announced that enough petition signatures had been verified to force a vote on whether to legalize medical marijuana in Florida. The duo had been working tirelessly for weeks on the petition drive.
Like other entrepreneurs throughout the state, Cooke and Monet are hoping that the constitutional amendment will pass when it goes to voters in November -- and that shortly afterward, they can cash in.
It's still a gamble -- no one knows whether the amendment will pass; even if it does, the state health department will have six months to set up the regulatory framework; and individual cities and towns may add their own rules on top of that. Despite the risks and the fallability of predictions, some businesses are maneuvering to be among the first in the game.More »