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Understanding the Unique Florida Cannabis Market

Understanding the Unique Florida Cannabis Market

Florida was one of the earlier states to legalize medical cannabis, doing so in 2016 through a constitutional amendment. The state’s cannabis market is unique in a variety of ways - being dominated by one company, including an unusual type of social equity cannabis license, and for not yet having expanded to adult-use even after seven years of medical legalization. The decision by Florida governor Ron DeSantis to run for US president has only increased national interest in understanding the state of the Florida cannabis market.

When Cannabis Votes Don’t Turn into Cannabis Laws

When Cannabis Votes Don’t Turn into Cannabis Laws

The 2020 election ended with all state medical and recreational cannabis legalization ballots approved by voters. Specifically, adult-use cannabis was legalized in Arizona, New Jersey, Montana, and South Dakota.

Cannabis Businesses Invest in Their Futures with Political Donations

Cannabis Businesses Invest in Their Futures with Political Donations

Cannabis companies have been making political donations for years, and in 2020, those donations have continued to grow. In fact, some companies are investing aggressively to shape the future of the cannabis industry either by donating directly to campaigns ...

New Testing Lab License Programs

New Testing Lab License Programs

Over the years, the evolution of the cannabis industry can be tracked along three distinct regulatory timelines: medical marijuana, adult-use (recreational) marijuana, and industrial hemp.

Cannacurio: Violations & Fines in Florida’s Medical Marijuana Market

Cannacurio: Violations & Fines in Florida’s Medical Marijuana Market

Cannabiz Media paid the state of Florida for copies of complaints, violations and fines issued by the Department of Health’s Medical Marijuana program. We were furnished with 90 documents that included images, photocopies, correspondence, and copies of checks.

Cannacurio: COVID-19 Doesn't Slow Licensing - From Maine to Oklahoma to Florida

Cannacurio: COVID-19 Doesn't Slow Licensing - From Maine to Oklahoma to Florida

Business, schools and some government offices have closed down or reduced resources but we’ve still seen a few bright and interesting spots of license issuance. In the last week Maine issued their first conditional licenses while Oklahoma ...

Cannacurio: Hemp Retail Expands to Florida

Cannacurio: Hemp Retail Expands to Florida

Our team has been working with the Florida Department of Agriculture & Consumer Services (FDAC) to understand how they are handling hemp-derived CBD at the retail level. On January 1, 2020 new regulations became effective allowing ...

Lottery or Competition – What’s the Best Way to Grant Marijuana Licenses?

Lottery or Competition – What’s the Best Way to Grant Marijuana Licenses?

Imagine you want to start a business. You’ve done your legwork, developed a solid business plan, and you’re ready to enter the marketplace when someone tells you that you can only open your business if you win a lottery among other entrepreneurs –

Marijuana Industry Growth Creates More Government Jobs than Applicants

Marijuana Industry Growth Creates More Government Jobs than Applicants

The marijuana industry is bringing large amounts of money to states that have approved medical and/or recreational cannabis with most of that money coming from taxes, but did you know the marijuana industry is also bringing significant job growth to these states?

Big Businesses Force Small Businesses out of the Marijuana Market

Big Businesses Force Small Businesses out of the Marijuana Market

Signs of big businesses taking over the marijuana industry have been visible for quite a while with oligopoly conditions developing in states like Florida and Texas as early as mid-2017. Given the fact that the marijuana market is expected to grow ...

2018 Marijuana Industry Trends and Predictions

2018 Marijuana Industry Trends and Predictions

During the November 2017 MJBizCon event in Las Vegas, Marijuana Business Daily’s Chris Walsh delivered an insightful presentation packed full of predictions and trends that he believed looked very promising for both marijuana legalization ...

Controversy Surrounds Marijuana Licensing in Pennsylvania and Florida

Controversy Surrounds Marijuana Licensing in Pennsylvania and Florida

Controversy isn’t new when it comes to granting marijuana licenses to cultivators, processors, and dispensaries in states that have approved medical marijuana. This month, controversy broke out in Pennsylvania and Florida where questions ...

Canadian Investors Know the Value of a Marijuana Business is in the License

Canadian Investors Know the Value of a Marijuana Business is in the License

A significant part of the value of a marijuana business is its marijuana license. This is a fact that Canadian investors and companies understand, and it’s prompting many of them to invest tens of millions of dollars into U.S. marijuana businesses.

Florida Marijuana Licenses Could Get More Valuable

Florida Marijuana Licenses Could Get More Valuable

Last week, the Florida House of Representatives approved its version of the state’s medical marijuana bill (HB 1397) by a 105 to 9 vote. Now, it goes to the Senate, but it’s possible that the Senate could make additional changes and send it back to the House.

Florida Marijuana Licenses Attract Investors Despite Market Uncertainty

Florida Marijuana Licenses Attract Investors Despite Market Uncertainty

Pennsylvania and Maryland aren’t the only states where marijuana licenses are attracting big investors. Now, Florida marijuana license holders are getting noticed as investors shop for ownership stakes in seven very valuable licenses.

A Tale of Two Very Different Marijuana Industries – Florida and Colorado

A Tale of Two Very Different Marijuana Industries – Florida and Colorado

It’s not just the weather and thousands of miles that separate Florida from Colorado. Adding to the list of differences between the beach lover’s paradise and the skier’s dream is the marijuana industry.

Businesses Go to Extreme Lengths to Get in the Marijuana Industry

Businesses Go to Extreme Lengths to Get in the Marijuana Industry

Businesses want in on the growing marijuana industry. This fact was obvious at the Fall 2015 Marijuana Business Conference in Las Vegas last month when over 5,000 people gathered to listen to over 70 speakers and over 230 exhibitors talk about the marijuana industry.