Business

$53 Million Deal Points To Lucrative Marijuana Market

Jun 7, 2018

A California-based company has bought a Florida medical marijuana operation for $53 million in the latest transaction in what investors hope will be among the nation’s most-lucrative medical pot markets.

The Florida Department of Agriculture and Consumer Services confirmed it found three invasive Oriental Fruit flies in farmlands south of Miami-Dade County. This species is labeled one of the most serious fruit fly pests in the world and lays eggs in host fruits.

A property owner in St. Pete Beach has won big in a dispute over public beach access.

A federal court has ordered the city to pay Chet Chmielewski's estate $1.5 million.

The owners of Florida's biggest casino are starting a massive nearly $700 million expansion that will make it even larger.

BOGOTA, COLOMBIA - The U.S. Treasury slapped sanctions on one of Venezuela’s most powerful men Friday — Diosdado Cabello, along with his family and economic adviser — accusing him of drug trafficking, money laundering and illegal mining.

The sanctions come as Washington is turning up the heat on the South American nation just days before presidential elections.

Also named in Friday’s report are Cabello’s brother, Jose David Cabello, the head of the tax department, and Cabello’s wife, Marleny Josefina Contreras.

Pages