Florida Medical Cannabis Business & Marijuana Legal News

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 […]

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Florida lawmakers vote to end ban on smokable medical cannabis products

Florida is on the verge of eliminating its ban on smokable medical marijuana, a move that is expected to provide a significant boost in sales for the already booming $250 million-a-year market. The Florida House on Wednesday overwhelmingly approved a bill to repeal the ban by a vote of 101-11. The measure, which already had […]

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Repeal of smokable medical cannabis ban clears Florida Senate

Florida currently prohibits smokable medical marijuana products – which poses a significant drag on the state’s MMJ businesses’ sales potentials. So, many of those firms are welcoming news that the state Senate overwhelmingly passed a bill that would allow patients to use smokable forms of medical cannabis. The state House will vote on its version […]

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Florida to challenge court ruling that would up medical cannabis dispensary caps

Florida regulators intend to challenge a state court ruling that would eliminate the limit on the number of dispensaries a medical marijuana business can operate. Lifting the cap would benefit the state’s existing MMJ operators. Trulieve filed the suit seeking to boost the number of allowable dispensaries. The state health department’s move to hold the […]

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Florida judge: State’s medical cannabis dispensary cap unconstitutional

A judge has struck down Florida’s medical marijuana dispensary cap, a victory for existing operators seeking to expand locations in the fast-growing market. Second Circuit Court Judge Karen Gievers ruled Friday that the cap is unconstitutional. Gievers wrote that the dispensary cap, instituted by the Florida Legislature in 2017, “erects barriers” that increase costs and […]

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Court grants FL lawmakers time to remove medical marijuana smoking ban

A court case challenging the constitutionality of Florida’s ban on smokable medical cannabis has been put on hold until March 15 to allow state lawmakers time to eliminate the prohibition. An appellate court granted the stay after a request from both sides in the case, according to The News Service of Florida. Earlier this month, […]

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FL gov signals intent to open medical cannabis market to more firms, products

Florida’s new governor announced steps that would open up the state’s lucrative medical marijuana industry to additional businesses and new products. Gov. Ron DeSantis, a Republican, asked the Legislature to: End a ban on smokable medical marijuana products, a move that could boost dispensary sales. Loosen Florida’s restrictive licensing rules to allow more MMJ companies […]

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