Florida lawmakers have revived a bill to expand the state’s CBD industry by allowing terminally ill patients to use full-strength medical cannabis, which would provide a boost for licensed businesses.
The state’s current law, passed in 2014, permits only allows high-CBD, low-THC marijuana oils, artificially limiting the market. The proposed new law, revived this week, would allow Florida’s five licensed producers to sell higher-THC medicine to patients with less than a year to live.
The bill – introduced last November at the behest of African-American nursery owners who say they were unfairly excluded from the licensing process – sought to expand the number of licensed cultivators to 20. But a new amendment reduces the number back to five.
A state House subcommittee passed the bill Monday, moving it one step closer to a floor vote.
A Senate version of the bill is ready for a vote in that chamber.