Florida Medical Cannabis Business & Marijuana Legal News

Green Growth eyes Florida medical marijuana market, nixes Arizona deal

Ohio-based medical marijuana company Green Growth Brands is moving into Florida through a $54.65 million agreement to acquire Spring Oaks Greenhouses, an MMJ company based in the state. The acquisition, expected to close in August, would allow Green Growth to operate up to 35 dispensaries in Florida’s sizable medical cannabis market. Green Growth also announced […]

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IL gov touts adult-use marijuana plan, FL dispensary cap lawsuits, Euro MJ conference & more

Illinois Gov. J.B. Pritzker unveils a blueprint for recreational marijuana, lawsuits crop up in Florida around the state’s dispensary caps, a conference in Denmark highlights the growing international MJ space – plus other important news from around the cannabis industry. Recreational marijuana plan for Land of Lincoln The governor of Illinois revealed a plan to legalize […]

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Florida medical marijuana operators file complaints to get more storefronts

The second- and third-largest medical cannabis operators in Florida filed complaints seeking the same treatment as Trulieve, a vertically integrated MMJ business that the state permitted to open 14 more dispensaries over the current state cap of 35. The complaints by Curaleaf and Surterra Wellness, which allege that Trulieve has an unfair competitive advantage, are scheduled […]

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Chart: Florida medical cannabis market surges ahead, with five companies dominating

Florida’s medical marijuana market is booming, with an average of nearly two dispensaries opening each week across the state. The number of enrolled patients recently zipped past the 200,000 mark with more than 10,000 new patients signing up each week. But despite numbers that make the Sunshine State among the fastest-growing MMJ markets in the […]

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Florida adds eight more medical marijuana business licensees

Florida’s medical cannabis marketplace is set to see a significant boost in the number of businesses that can operate in the state as regulators approved licenses for eight more firms in addition to the 14 existing MMJ operators. The state will grant the additional licenses to companies that failed to gain approval during the first […]

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Florida bank, medical cannabis business association sever ties

SunTrust Bank and the Medical Marijuana Business Association of Florida officially ended their banking relationship, weeks after the financial institution gave notice it would terminate the account the group opened in 2014. “I spoke with the management at SunTrust several times and we were working on a way to keep (the account) open, but at the end […]

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Marijuana Business This Week: German medical cannabis contracts, CBD self-regulation, MMJ group’s bank account closed & more

Here are some notable stories and events to watch for in the coming days: MAKING IT OFFICIAL: Contracts between Germany’s Federal Institute for Drugs and Medical Devices and the three companies it tentatively selected to cultivate and distribute its medical cannabis could be formalized as early as Wednesday after a mandatory 10-day appeals process expires. […]

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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 […]

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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 […]

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