Fort Myers nursery hopes to plant seed to grow medical marijuana business

Jenna Buzzacco-Foerster, (@Jenna_Buzzacco)

A California company is hoping to use local ties to break into the medical marijuana business in Florida.

Derek Peterson, chief executive officer of Terra Tech, which has a Southwest Florida nursery, said his company is hoping to work with eligible nurseries to grow and dispense a low-THC strain of marijuana that soon will be legal in the state.

Peterson said while his Fort Myers nursery, Sunshine Growers, doesn’t meet all the requirements spelled out in the law approved by the Legislature, his company has experience in medical marijuana dispensaries.

So he’s hopeful he will be able to team up with a nearby nursery to provide medical marijuana to those in need — and get a foot in the door in case Floridians approve a constitutional amendment allowing broader use of marijuana for medicinal purposes.

“I always like local governments that start walking before running or start crawling before walking,” Peterson said. “We want to move forward in a larger scale, so we want to get embedded early.”

The state Legislature approved a bill (SB 1030) in the final days of the 2014 legislative session that would help patients get access to a strain of marijuana that is high in cannabidiol and low in the euphoria-inducing tetrahydrocannabinol.

Read more in Monday’s Naples Daily News.

Leave a Reply