November 13, 2013

Florida MMJ Legalization Group Raises $231K in Oct.

Organizers behind an effort to legalize medical marijuana in Florida are on a roll.

People United for Medical Marijuana, which is gathering signatures to get a constitutional amendment legalizing MMJ on the fall 2014 ballot, raised more than $230,000 in October.

To date, the group has raised $845,000, according to data from Florida’s elections division.

While the organization has momentum, it faces a tough challenge:

– No state in the southern portion of the United States has legalized medical marijuana yet, the only large region of the country where that’s the case.

– The group will have to collect nearly 700,000 valid signatures by Feb. 1 to get the measure on the ballot, a much higher number than in other states. It has a reported 125,000 verified signatures so far.

– If the measure qualifies for the ballot, it will need 60% of the votes to pass rather than a simple majority.

– One of the main marijuana legalization lobbying groups, the Marijuana Policy Project, is not pumping money into the initiative, focusing instead on other states where the odds are better.

But don’t count the legalization bill out just yet. It has a big backer: prominent trial lawyer John Morgan, who has made this a primary goal of his and committed several hundred thousand dollars to the cause already.

Post Your Comment:


Please note:
Comments are moderated by our editors who do their best to approve comments ASAP. As Marijuana Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals. General opinions and questions about cannabis may not be posted.

New York Taking Applications for Medical Cannabis Business Licenses

Ready, set, go! Entrepreneurs can now apply for medical cannabis business licenses in New York, [click to continue...]

Video Statement Part of Settlement Tied to $100M Lawsuit

In an unusual legal settlement, a Colorado company has issued a video statement about its [click to continue...]

WA Gov. Signs Sweeping Bill Moving MMJ Into Rec Program

News about Washington medical cannabis dispensaries, state marijuana laws and marijiana businesses

Washington State’s MMJ program will officially be rolled into its recreational market after Gov. Jay [click to continue...]

Minnesota MMJ Companies Raise $30M

The two companies selected to grow and dispense medical cannabis in Minnesota have raised a [click to continue...]

Canadian MMJ Crackdown On the Way?

Medical marijuana businesses in Vancouver, British Columbia, may soon be in the city’s crosshairs. The [click to continue...]

Seed-to-Sale Tracking Trend Continues With New Mexico

seed to sale

An increasing number of states are requiring cannabis companies to track every plant from seed [click to continue...]

Oregon Catering to Cash-Carrying Cannabis Businesses

The agency in charge of overseeing Oregon’s recreational marijuana industry is planning to add a [click to continue...]

Bill Would Prevent Feds From Targeting Compliant MJ Companies

Cannabis business owners harassed by federal prosecutors despite operating legally in their respective states would [click to continue...]

Florida Medical Marijuana Measures Fizzle Out

FloridaMedicalMarijuana

An attempt to legalize medical marijuana in Florida this year via the state Legislature is [click to continue...]

Ohio Group Claims Sabotage in Legalization Efforts

An Ohio organization pushing for medical marijuana legalization in the state says a stronger, more [click to continue...]

California Industry Association Head Faces Suit to Close Dispensary

A dispensary run by the president of the California Cannabis Industry Association has come under [click to continue...]

Oregon Expects 2,000 Applicants for Recreational MJ Licenses

Oregonoutline

Oregon officials in charge of regulating the state’s up-and-coming recreational marijuana industry expect roughly 2,000 [click to continue...]

Marijuana Testing Lab Seeks $5 Million for International Expansion

One of the first commercial cannabis testing labs in the United States is seeking $5 [click to continue...]

Anti-Marijuana DEA Chief to Resign

The head of the Drug Enforcement Agency will resign next month, prompting cheers from cannabis [click to continue...]

Marijuana Business Daily