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Many state employees may be considering other retirement plan options

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The retirement plans of about 100-thousand Florida employees are about to change, after Governor Rick Scott signed a bill into law that allows employers to reduce the amount they pay into a 401-K type retirement plan. But, as Sascha Cordner reports, the move could spur employees to start looking at other options.

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Robert Wallace, owner of Chestnut Hill Tree Farm spoke to members of the Senate Regulated Industries Committee Wednesday confirming the nursery's ability to meet a February 7 deadline to apply for cultivation authorization. Photo courtesy of Creative Commons Flickr.

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Robert Wallace, owner of Chestnut Hill Tree Farm and one of five nurseries licensed to produce and dispense medical marijuana in Florida, told the Florida Senate Regulated Industries Committee Wednesday that he is working with UF scientists and is on track to meet the cultivation application deadline of February 7.