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One of the biggest financial institutions in the Tampa Bay area has extended a $100,000 line of credit to a company that hopes to capitalize on Florida’s upcoming medical marijuana industry.
Regions Bank is providing the credit line to Efftec International Inc., a Las Vegas-based firm that owns a majority stake in Future Farms, the Jacksonville Business Journal reported. Future Farms is a retail indoor garden and hydroponics center in Miami.
Future Farms plans on getting into the medical cannabis industry if Florida voters approve MMJ at the ballot box in November.
Efftec also announced in February that