Marijuana Business Magazine August 2019

Florida A Florida appellate court affirmed a lower-court decision that the state’s medical cannabis licensing system is unconstitutional. Legislative measures that imposed license caps and required vertical integration were cited as being unlawful. As of July 5, six vertically integrated MMJ businesses operated 120 of the state’s 142 dispensaries. The ruling by the 1st District Court of Appeal won’t have an immediate impact, and the decision is likely to be appealed. Georgia A state law making it legal to produce and distribute cannabis oils with a THC cap of 5% went into effect July 1, opening new business opportunities to medical marijuana entrepreneurs and giving Georgia’s more than 9,500 registered MMJ patients better access to cannabis products. In April, Gov. Brian Kemp signed a bill into law that closed a loophole forcing some patients to cross state borders to obtain the oils. While the new law keeps Georgia’s THC cap at 5%, it allows for six growing licenses to be granted to private companies. Current state law allows people with 16 specific conditions to possess cannabis oil. Industry Developments | International & United States