Florida Medical Cannabis Business & Marijuana Legal News

Bill to limit medical cannabis THC going to full Florida House

A measure to restrict the strength of smokable medical marijuana is heading to the Florida House floor, a move that could curb retail sales of MMJ. The House Appropriations Committee approved a bill Tuesday to limit the strength of marijuana flower to 10% THC, with Republicans in favor and Democrats opposed. The vote came less […]

Read More

Florida moves closer to medical cannabis edibles sales

Florida’s agriculture department finalized its rules for medical marijuana growers around edibles, which brings the Sunshine State one step closer to allowing sales of the popular products. The state is expected to allow sales of edibles in the coming months. The Florida health department, which regulates the state’s MMJ industry, must still issue the proposed […]

Read More

Florida legislative panel wants 10% THC limit on smokable medical marijuana

A Florida House committee wants to limit the strength of smokable medical marijuana to 10% THC, a development that likely would dampen retail sales. The House Health and Human Services Committee approved the bill Wednesday over the objections of patient advocates, just weeks after the state lifted a ban on smokable forms of the plant. Opponents […]

Read More

Florida medical cannabis retailer to expand to 49 dispensaries

Leading Florida medical marijuana retailer Trulieve has received the go-ahead to expand its dispensaries to 49 locations throughout the state. According to the Tallahassee Democrat, this ends a lawsuit Trulieve filed against the Florida health department and the state will drop its appeal of a circuit judge’s ruling that a statutory cap limiting the number of dispensaries […]

Read More

Florida bank gives notice it’s closing medical marijuana group’s account

A Florida bank is moving to close the account of a medical cannabis advocacy organization. SunTrust Bank notified the Tallahassee-based Medical Marijuana Business Association of Florida (MBAF) last week that it will close the industry lobbying group’s account on April 18, citing the best interests of its customers and the bank itself, according to Jacksonville […]

Read More

Cannabis group Cansortium raises $56 million-plus ahead of IPO

Miami-based Cansortium, a vertically integrated cannabis operator, said it raised just over $56 million in funds ahead of its initial public offering (IPO). The company will use the net proceeds for continued expansion of its medical cannabis operations in Florida, Michigan, Pennsylvania, Texas, Puerto Rico, Canada and Colombia for repayment of debt and for general […]

Read More

MedMen taking Miami Beach to court over cannabis dispensary regulations

Multistate marijuana operator MedMen is suing Miami Beach, Florida, claiming a local regulation – which requires medical cannabis dispensaries be at least 1,200 feet from each other – violates state law. According to the Miami Herald, MedMen is charging the city’s zoning ordinance would limit the number of dispensaries in Miami Beach to seven – which […]

Read More

Florida dispensary conducts first smokable medical marijuana sale

Only days after Florida’s governor signed a bill allowing medical cannabis dispensaries to sell smokable products, Trulieve, the largest cannabis retailer in the state, began selling them. Trulieve sold the first smokable flower to a medical marijuana patient in Tallahassee on Thursday, the Tallahassee Democrat reported, and the company plans to have smokable products in […]

Read More

Cresco to enter FL medical marijuana market via $120M VidaCann purchase

Cresco Labs, a Chicago-based vertically integrated cannabis company, agreed to acquire Florida medical marijuana provider VidaCann in a $120 million cash and stock deal. The deal gives Cresco a presence in Florida for the first time, expanding its operations into eight states and giving the company a toehold in a major MMJ market. VidaCann plans […]

Read More