Agritek Holdings Inc. (AGTK)

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Agtk has 20 acres of an agricultural farming facility located in South Florida bordering Lake Okeechobee and the Loxahatchee River in Palm Beach County through its subsidiary Agritech Venture Holdings Inc. The agreement includes a 10 year lease on the producing nursery farm with unlimited water sources and electricity including infrastructure already in place, with the first year obligation paid in full.


Florida: Medical marijuana

At a time when states are legalizing pot for recreational purposes, it might not seem that significant whether Floridajoins the growing list of about two-dozen states that allow medical marijuana. But St. Pierre said that nothing marijuana-related is taken lightly when it comes to political bellwether states like this one. So far, polling on support for Amendment 2has been all over the place. And the political frenzy over the initiative has drawn huge spenders like casino magnate Sheldon Adelson, who shelled out at least $98 million in the 2012 elections.

Amendment 2 has a steep hill to climb, requiring a 60% supermajority to pass; neither Colorado nor Washington got past the 55% range. “Florida is a national battleground,” St. Pierre said, noting how uncommon it is for people to be dropping $2.5 million checks to oppose such measures or $3.7 million checks to support them. “We’ve never seen a green rush like we’re seeing in Florida.”