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Tuesday's Afternoon Update
What you need to know about Florida today
Florida has high hopes for hemp, but scientists warn state may get burned
While state leaders promote hemp as Florida's next big cash crop, scientists are still trying to figure out the best varieties and conditions to grow it in Florida. They stress much more work needs to be done in testing facilities before they can relay the best techniques and skills to would-be farmers. More from WTVT.
See also:
» Senators to hemp experts: Do we know what we’re doing?
South Florida‘s flourishing private jet market attracts new entrants
In South Florida, land of the condo-hotel, waterfront estates and super-yachts, private jet travel is gaining appeal among well-heeled travelers who find the airlines more irksome than convenient, and who are willing to pay premiums to fly in the lap of luxury. More from Valliant News.
Opinion: Outdoor recreation industry is key driver of Florida’s economy
For many Floridians, a day of fun means a visit to the Everglades, boating, fishing, or just reclining on the beach and enjoying our beautiful coasts. While we know that people love outdoor recreation, it was just recently the Bureau of Economic Analysis confirmed what an important part it is of the economy. It’s even bigger than many people realized. More from the South Florida Sun-Sentinel.
Special post-employment benefits for JEA execs top $1.5 million
JEA’s senior administrators are entitled to more than $1.5 million in special post-employment benefits that are the subject of a conflict-of-interest inquiry by the state ethics commission, which has put the city-owned utility’s privatization negotiations on hold. The benefit is a monthly consulting fee that’s limited to JEA’s 13-member senior leadership team. More from the Florida Times-Union.
With 3 new members, Citrus Commission, will discuss marketing, tax rate
The three newest members of the Florida Citrus Commission may experience a baptism by fire at their first meeting Wednesday. The commission is scheduled to meet at 9 a.m. to discuss whether to expand the current marketing effort at Florida Department of Citrus beyond the current minimal effort, which would require the commission to approve an increase in the tax on the state’s struggling orange growers. More from the Lakeland Ledger.
Preparing for business with unforeseen partners
When structuring partnership, shareholder and operating agreements, business owners try to address every reasonably conceivable situation. What often goes overlooked, however, are the effects on the business of divorce, dementia, or death — and the possible involvement of a surviving spouse, ex-spouse, or heirs. [Sponsored report]
Tourism Business
Visit Orlando says tourism has $75.2 billion in economic impact
A new study commissioned by Visit Orlando found that tourism generated $75.2 billion in economic impact last year. Among the findings of the Oxford Economics study were that tourism contributed $8.1 billion to lodging, $7.9 billion to food and beverage and $3.3 billion to education and health care.
» More from the Orlando Sentinel.
Innovation
Ridgeback Biotherapeutics treatment to cure Ebola
An experimental treatment produced by Miami-based Ridgeback Biotherapeutics is helping turn Ebola into a treatable disease. The treatment, an antibody that prevents the virus from continuing to infect cells, is called mAb114. Ridgeback, a small company founded by Wendy Holman and funded by the Holman family, licensed the antibody from the National Institutes of Health in 2018.
» Read more from Florida Trend.
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