Florida Medical Cannabis Business & Marijuana Legal News

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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Marijuana venture fund Phyto Partners closes $14 million raise

Phyto Partners, a cannabis-focused venture capital fund, has closed its second fund – raising $14 million from a group of limited partners. Based in Boca Raton, Florida, Phyto has already begun investing capital from the fund into two of its 12 portfolio companies: Marijuana Doctor, a physician network in Florida. Phyto Partners is the lead investor […]

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Week in Review: Smokable flower in Florida, cannabis investing in Colorado & MMJ software woes in Maryland

A judge allows smokable medical marijuana in Florida, Colorado’s governor vetoes a bill to allow publicly traded companies to invest in cannabis businesses, and Maryland’s MMJ program experiences tracking software problems. Here’s a closer look at some notable developments in the cannabis industry over the past week. Smoking’s OK – or is it? Allowing the […]

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Judge: Florida retailers can sell smokable medical marijuana

A Florida judge on Tuesday lifted a stay on smoking medical marijuana, opening up new revenue potential for the state’s MMJ businesses. Leon County Circuit Court Judge Karen Gievers upheld her May 25 ruling that the Florida Legislature’s provision banning smokable medical marijuana is unconstitutional. The stay will officially be lifted on June 11. The […]

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Cannabis, hemp and CBD company mCig expands into California marijuana market

Jacksonville, Florida-based mCig announced it’s getting into the California marijuana market, with the acquisition of a 2.5-acre property in California City, north of Los Angeles. The diversified cannabis company will set up a 30,000-square-foot indoor marijuana cultivation operation, with the option to expand it to 50,000 square feet, according to a news release. Also, mCig […]

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Florida ban on smokable medical marijuana ruled unconstitutional

In a move that could provide an even bigger boost to growers and retailers in one of the country’s fastest-growing markets, a Florida judge ruled the state’s ban on smokable medical marijuana is unconstitutional. For now, though, nothing changes. The state department of health has appealed, and that automatically stays the decision. Leon County Circuit […]

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Florida to closely monitor medical cannabis edibles production facilities

Florida plans to regulate medical marijuana edibles as it does other food products. The state’s Department of Agriculture and Consumer Services said cannabis producers will be subject to random inspections to ensure edibles are being made in facilities that meet federal sanitation guidelines, according to Tampa TV station WFLA. “These are medical foods that are going to […]

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