Florida Medical Cannabis Business & Marijuana Legal News

Week in Review: US House members reach out to Senate on marijuana banking, Cresco gets $200M in debt financing, Denver MJ store burglaries & more

Sponsors of the cannabis banking bill that passed the U.S. House appeal to the chair of a key U.S. Senate panel, lenders provide Cresco Labs $200 million in debt financing, police urge Denver marijuana store owners to take added security measures – and more of the week’s top MJ business news. Marijuana banking reform The four […]

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Large Florida medical cannabis retailer stops most deliveries

Surterra Wellness, the second-largest owner of medical marijuana dispensaries in Florida, has eliminated its delivery services except to customers in the Florida Keys. The Atlanta-based company, whose corporate parent is now called Parallel, told customers in a notice that it made the adjustments to “optimize” its business. Surterra also cut deliveries because its expanding retail […]

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Week in Review: US lawmakers call for more marijuana research, some Cresco Lab employees in IL unionize, Trulieve addresses short sellers & more

U.S. lawmakers and experts tell a congressional panel that the federal government needs more cannabis research, some marijuana employees in Illinois vote to unionize, Trulieve refutes a short-seller report – and more of the week’s top MJ business news.   What’s the role of expanded marijuana research in federal reform? With strong bipartisan support, lawmakers […]

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Legalizing recreational marijuana won’t be on Florida ballot in 2020

Florida voters will not decide whether to legalize adult-use cannabis in the state this year. Make it Legal Florida on Monday ended its effort to get recreational marijuana on the 2020 ballot. The decision, first reported by the Tampa Bay Times, wasn’t a surprise. Proponents of legalizing MJ were running out of time to collect the 766,200 signatures […]

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Florida group trying to legalize adult-use cannabis sues over ballot process

The group seeking to put an initiative on the 2020 ballot in Florida to legalize recreational marijuana, has sued the state in an effort to get more time to submit signatures. The group, Make it Legal Florida, alleges in a 57-page complaint filed in Leon County Circuit Court that a controversial election law enacted in July is […]

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Marijuana tech

Consumers shopping at cannabis stores in California are being encouraged by a state agency to use their smartphone cameras to scan a quick response (QR) code to confirm the retailers are licensed.

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Marijuana lawsuit

Tennessee man filed a federal lawsuit seeking millions of dollars in damages against Trulieve, Florida’s largest medical marijuana operator, for allegedly sending illegal text messages to his cellphone.

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Florida medical marijuana firm VidaCann expanding grow operation

VidaCann, a medical marijuana company based in Jacksonville, Florida, on Wednesday announced a $25 million investment that includes expansion of its cannabis cultivation facility in the state to more than 600,00 square feet. The announcement comes only weeks after Chicago-based Cresco Labs terminated a $120 million acquisition of VidaCann.

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Medical marijuana

Jushi Holdings, a Florida-based marijuana and hemp operator, said it received approval to begin trading on the Canadian Securities Exchange (CSE) as JUSH.

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Cresco terminates VidaCann acquisition, highlighting cannabis industry’s focus on saving cash

Chicago-based multistate cannabis operator Cresco Labs said it is ending its agreement to buy Florida’s VidaCann, becoming the latest U.S. marijuana M&A deal to unravel and highlighting the steps companies are taking to navigate a rocky business environment. Cresco’s decision, in particular, sheds light on how marijuana companies are scrambling to save money and refocus […]

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