CANNAINVESTOR Magazine U.S. Privately Held Companies March 2018 | Page 104

NOTICE TO READER:

As with all of our Q&A sessions, we were not approached or requested to undertake the Q&A but rather we approach those companies that we feel the timing is right. No compensation of any kind or in any form is every offered, requested, expected, or received.

CIM: Do you have a license to cultivate and/or dispense medical marijuana?

GCCM: No. The state has not begun accepting applications under Amendment Two.

CIM: If not, what are your chances in receiving a license?

GCCM: We anticipate the state of Florida will begin accepting applications for the next round and we are confident that we have all of the pieces necessary to secure one of these licenses.

CIM: How many licenses will the state of Florida administer?

GCCM: The state anticipates issuing 33 total.

CIM: How large is the Florida medical marijuana market?

GCCM: Florida is the third most populous state in the nation and has the fifth highest median age in he country and the highest proportion of population over age 65 (19.1%). This makes Florida uniquely positioned to serve its ample senior population with a comprehensive medical marijuana program.

CIM: Can your operations be scaled outside of Florida?

GCCM: The model is easily replicated in other states.

Q& A

Derwin Wallace: CIM Lori Daugherty, President: GCCM

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