Florida Medical Cannabis Business & Marijuana Legal News

Week in Review: New Ohio processing licenses, CA marijuana black market & Florida judge nixes MMJ business cap

Ohio awards provisional medical marijuana processing licenses, a cannabis consumer survey in California confirms licensed MJ businesses are losing market share to illicit operators, and a Florida judge says a state law restricting the number of MMJ businesses runs afoul of a voter-approved constitutional amendment. Here’s a closer look at some notable developments in the […]

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Florida judge shoots down state cap on medical marijuana businesses

A Florida judge ruled that the state law restricting the number of medical marijuana businesses runs counter to a voter-approved constitutional amendment, a decision that could have far-reaching implications for the state’s MMJ industry. The ruling, if sustained, could open up numerous MMJ business opportunities for entrepreneurs if the state ultimately permits an unlimited number […]

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CEO of multistate medical marijuana operator Green Thumb steps down

Peter Kadens, one of the more notable names in the U.S. cannabis industry, has stepped down as CEO of multistate medical marijuana company Green Thumb Industries (GTI). The 40-year-old entrepreneur, who will stay with Chicago-based GTI as a board member, told MassLive.com he was stepping down for personal and family reasons. Ben Kovler, who founded […]

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How Trump’s trade battles are affecting the marijuana industry

The Trump administration’s imposition of tariffs on China is expected to have a direct impact on several sectors of the marijuana industry – in particular, cannabis vaporizer companies. Others likely to be affected include: Cultivation operations that want to expand their greenhouse facilities. Growers that need to buy lighting equipment. Brands that purchase packaging from […]

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Contentious medical marijuana regulator in Florida stepping down

Florida’s top medical marijuana regulator has resigned after a controversial three-year tenure marked by litigation and a scolding by lawmakers for missing mandated deadlines to issue more MMJ business licenses. The Florida Department of Health said Friday that Christian Bax’s resignation will take effect Aug. 10. He had led the state’s Office of Medical Marijuana […]

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State marijuana reforms could spark tens of millions of dollars in business opportunities

Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting program expansions could potentially boost medical marijuana sales by tens of millions of dollars a year, providing a shot in the arm to MMJ retailers, […]

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Seattle-based GRN Funds to provide cannabis banking solutions in Florida

It looks as if Florida’s medical marijuana businesses may soon have a new banking option. Seattle-based GRN Funds is planning to provide banking services starting Aug. 16 to the Sunshine State’s medical marijuana treatment centers and ancillary marijuana businesses that successfully complete its application process, the investment bank’s CEO, Justin Costello, told Marijuana Business Daily. […]

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Florida business resumes medical cannabis processing after inspections

One of Florida’s largest medical marijuana businesses received permission Friday to resume operations at two processing facilities after passing state-mandated food-safety inspections, according to company officials and state documents.

Surterra Wellness, which has eight dispensaries statewide, was the second Florida business forced by the state to halt processing operations temporarily to meet the food-safety inspection deadline.

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Week in Review: Florida cannabis lawsuits, NJ license expansions & Big Booze supports MJ legalization

Florida opts to add four more medical marijuana businesses, New Jersey doubles the number of its vertically integrated MMJ licenses, and cannabis legalization gets some support from Big Alcohol. Here’s a closer look at some notable developments in the cannabis industry over the past week. The Lawsuit State News that the Florida health department will issue four […]

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Florida to expand sizzling medical marijuana market with four new licenses

Florida’s $200 million medical cannabis industry has spurred the state to issue an additional four “medical marijuana treatment center” licenses. The state health department expects to be swamped with as many as 400 applications for the lucrative licenses, according to the News Service of Florida. Here’s what you need to know: The expansion was triggered […]

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