Marijuana firm buys buildings in Florida


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BRADENTON, Fla. (AP) — A publicly traded firm that appears to be positioning itself in advance of a medical marijuana vote in Florida later this year has acquired a trio of industrial buildings just north of the Sarasota-Bradenton International Airport.

The Herald-Tribune reports (http://bit.ly/1mdIipB) that Cannabis Rx is believed to have recently paid roughly $1.2 million for the 9.26-acre property.

The company's chief executive says the property would serve as an ideal location for a licensed grow facility and/or distribution center.

In November, Florida voters will consider whether to approve an amendment to the state constitution that would legalize marijuana for medical use with a prescription from a physician.

Based on recent polls of registered voters, the amendment stands a good chance of passing by the required 60 percent majority.

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