Florida Medical Cannabis Business & Marijuana Legal News

Florida’s smokable medical marijuana ruling put on hold again

A Florida court has reinstated a stay on smoking medical marijuana, dealing at least a temporary setback to MMJ businesses that hoped to be able to sell a wider variety of products. The state’s 1st District Court of Appeal ruled that the hold will remain in effect “pending final disposition of the merits of (a […]

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Marijuana venture fund Phyto Partners closes $14 million raise

Phyto Partners, a cannabis-focused venture capital fund, has closed its second fund – raising $14 million from a group of limited partners. Based in Boca Raton, Florida, Phyto has already begun investing capital from the fund into two of its 12 portfolio companies: Marijuana Doctor, a physician network in Florida. Phyto Partners is the lead investor […]

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Week in Review: Smokable flower in Florida, cannabis investing in Colorado & MMJ software woes in Maryland

A judge allows smokable medical marijuana in Florida, Colorado’s governor vetoes a bill to allow publicly traded companies to invest in cannabis businesses, and Maryland’s MMJ program experiences tracking software problems. Here’s a closer look at some notable developments in the cannabis industry over the past week. Smoking’s OK – or is it? Allowing the […]

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Judge: Florida retailers can sell smokable medical marijuana

A Florida judge on Tuesday lifted a stay on smoking medical marijuana, opening up new revenue potential for the state’s MMJ businesses. Leon County Circuit Court Judge Karen Gievers upheld her May 25 ruling that the Florida Legislature’s provision banning smokable medical marijuana is unconstitutional. The stay will officially be lifted on June 11. The […]

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Cannabis, hemp and CBD company mCig expands into California marijuana market

Jacksonville, Florida-based mCig announced it’s getting into the California marijuana market, with the acquisition of a 2.5-acre property in California City, north of Los Angeles. The diversified cannabis company will set up a 30,000-square-foot indoor marijuana cultivation operation, with the option to expand it to 50,000 square feet, according to a news release. Also, mCig […]

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Florida ban on smokable medical marijuana ruled unconstitutional

In a move that could provide an even bigger boost to growers and retailers in one of the country’s fastest-growing markets, a Florida judge ruled the state’s ban on smokable medical marijuana is unconstitutional. For now, though, nothing changes. The state department of health has appealed, and that automatically stays the decision. Leon County Circuit […]

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Florida to closely monitor medical cannabis edibles production facilities

Florida plans to regulate medical marijuana edibles as it does other food products. The state’s Department of Agriculture and Consumer Services said cannabis producers will be subject to random inspections to ensure edibles are being made in facilities that meet federal sanitation guidelines, according to Tampa TV station WFLA. “These are medical foods that are going to […]

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Medical cannabis firm AltMed lands $35.4 million to bolster US, international growth

Alternative Medical Enterprises, a multistate medical marijuana producer and dispensary operator, has secured $35.4 million in a private placement financing from a Pennsylvania-based investment group. The massive investment will allow the Sarasota, Florida-based firm to launch a major expansion in the United States and internationally, said Matthew Duffy, president and chief operating officer of the […]

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Week in Review: Connecticut medical marijuana hopefuls, PA suit & Florida hits 100,000 patients

Connecticut receives dozens of applications from aspiring medical cannabis entrepreneurs, a Pennsylvania court tosses a lawsuit that could have undone the state’s medical marijuana program, and Florida hits 100,000 MMJ patients. Here’s a closer look at some notable developments in the marijuana industry over the past week. East Coast MMJ rising News that Connecticut regulators received […]

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Florida medical cannabis patient count reaches 100,000 milestone

Florida’s rapidly expanding medical marijuana program just hit the 100,000 patient mark, potentially paving the way for state regulators to approve more MMJ businesses. After voters passed a ballot initiative in 2016 legalizing the sale of medical marijuana, the state medical marijuana regulations were written to add four “contingent licenses” when the patient pool hit […]

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On eve of 4/20, cannabis-flavored beer a no-go for two Florida breweries

Federal tax authorities have ordered two South Florida breweries to stop selling craft beer infused with cannabis terpenes oil, putting a damper on their 4/20 party plans. The cease-and-desist letters were issued over the past week to Invasive Species Brewing in Fort Lauderdale and Devour Brewing in Boynton Beach, according to SouthFlorida.com. The federal Alcohol […]

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