Sarasota medical marijuana company gets seven-figure funding from Philadelphia investment firm

Alternative Medical Enterprises, a Sarasota company that produces medical cannabis and operates medical marijuana dispensaries, raised $35.4 million in a private placement led by MainLine Investment Partners. It’s one of the largest investments in a Tampa Bay company so far this year. Marijuana-related ventures are drawing a lot of investor interest, as more states lift legal restrictions on the use of products, Entrepreneur reported in March. About $1.23 billion was raised by medical marijuana…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news