John Morgan 'Prepared To Invest' $100M In Medical Marijuana

Orlando attorney John Morgan
Associated Press

Orlando attorney and possible gubernatorial candidate John Morgan says he’s prepared to invest in the medical marijuana industry now that it’s about to expland in Florida.

In a series of emails with the Miami Herald, Morgan said he intends to plunge up to $100 million into “the right opportunities.” He also acknowledged that he’s interested in owning a stake in a state-licensed dispensing organization, though he said he’s not yet invested in any cannabis companies.

“I am prepared to invest significant monies in this industry and I plan to,” he wrote. “I have learned a great deal about the miracles of marijuana over the last five years. And what better person than me to be involved?”

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Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.