Florida

Fri
18
Oct

As the Presidential election looms, where is Florida in their legalization of marijuana?

Florida already has a medical marijuana program in place, but the consensus seems to be that unleashing the leaf from its prohibition standard is the next logical step.

The presidential election is just about a year away from either making America great again, again or sending it down the path to a long recovery from the clown shoe politics of the past four years. In the midst of the madness, there is marijuana. Some claim the issue has achieved great strides in 2019, more prominent than ever before, while those of us who reside in a more real place has clearly noticed that legal weed is not really in any better position than it has been in a long time.

Wed
16
Oct

For sale: Two Florida medical marijuana licenses. Cost? $95 million

In a move uncharacteristic of the cannabis market in Florida, an Atlanta broker is searching for the next owners of two highly sought Florida medical marijuana licenses.

Aubrey Logan-Holland, the CEO of a relatively new firm called Blue Dream Industries, is listing the licenses, or “paper” in industry speak, for about $95 million in total.

One license is going for $40 million and allows the owner to operate no more than 30 retail stores. The other license is selling for about $55 million, with the rights to open up to 35 retail stores. In addition to the actual license, this deal includes a greenhouse for cultivation.

Mon
07
Oct

9 States that could Vote to legalize marijuana in 2020

The numbers 11 and 33 come up quite often when the topic of marijuana legalization is discussed. Currently, 11 U.S. states allow the legal use of recreational marijuana, while 33 states have legalized medical cannabis. But those numbers could soon change.

Nine states could be on track to hold key votes on some form of marijuana legalization in 2020. Here are the states that could be next on the marijuana map -- and the stocks that could be poised to profit the most.

Thu
19
Sep

Despite market bumps, start-up humps, hemp to be a 2020 cash crop in Florida

The Florida Department of Agriculture expects to receive 8,000 applications by December and issue 3,000 cultivation permits early next year when the state rolls out its new industrial hemp program.

Some officials estimate the crop could eventually spawn a $30 billion annual industry in the Sunshine State but, as the Senate Agriculture Committee learned Tuesday, the rosy prospectus comes with thorns.

While 37 states have authorized industrial hemp programs in the two years since the crop was legalized under the federal 2018 Farm Bill, all await approval and guidance from the U.S. Department of Agriculture (USDA).

Wed
18
Sep

Florida hemp cultivation permits to be issued by early 2020

Earlier in 2019, Florida lawmakers approved the state’s first industrial hemp program. This was a campaign priority of Commissioner of Agriculture and Consumer Services Nikki Fried, and expectations were high.

Branded as a savior for the slumping agricultural sector, the hope was crops could be planted this year, launching a multi-billion dollar industry.

Mon
16
Sep

Florida Lawmakers file Bill to expand medical marijuana research

Two members of Florida’s delegation to the U.S. House of Representatives introduced a bill on Thursday that would expand research into the medicinal use of marijuana. The measure, titled the Expanding Cannabis Research and Information Act, was filed by Democratic Rep. Donna Shalala and her Republican colleague Rep. Matt Gaetz has signed on as a co-sponsor.

If passed, the bill “would develop a national cannabis research agenda, direct the U.S. Department of Health and Human Services to collect data on the health impacts of cannabis, establish a National Institutes of Health ‘Centers of Excellence’ research designation, and reclassify cannabis as a Schedule III controlled substance,” according to Shalala’s office.

Fri
23
Aug

Why marijuana could be legal in Florida as soon as 2020

For years, the possibility of legalizing recreational adult-use marijuana in Florida was little more than an afterthought — but in recently, momentum’s picked up. In 2016, Florida voters approved an initiative that legalized medical cannabis, only for state lawmakers to subsequently ban smokeable forms until earlier this year. Now, legal recreational marijuana in Florida may be a reality as soon as 2020.

Wed
14
Aug

Florida and Texas decriminalize marijuana possession

When members of Congress voted to legalize hemp late last year, they likely did not envision that it would make it harder for law enforcement in places such as Florida and Texas. But that’s exactly what has happened.

Officials in both Florida and Texas have voiced their intention to stop the prosecution of low-level marijuana cases. That’s because no reliable field test exists that can tell the difference between the presence of hemp, which won’t get you high, and cannabis, which will.

Tue
06
Aug

Will Florida be the next State to legalize recreational marijuana?

A cannabis advocacy group is poised to get the question of legal weed put on the ballot in the 2020 election.

While 2019 was predicted to be a banner year in the push to legalize marijuana in more parts of the United States, aside from Illinois making admirable advancements in this department, the year for cannabis has been nothing short of a dead dog. New York and New Jersey screwed the pooch earlier this year when it came time to establish a taxed and regulated pot market. And regardless of what you might have heard, Congress, as a whole, is nowhere even close to marijuana-friendly.

Thu
01
Aug

Tallahassee will cease prosecutions of marijuana possession cases

Marijuana possession cases will no longer be prosecuted in Tallahassee, Florida and the surrounding area, according to a letter to law enforcement agencies from the State Attorney. The action was taken in response to the legalization of hemp in Florida earlier this year and at the federal level with the passage of the 2018 Farm Bill.

In the letter from Jack Campbell, the State Attorney for Florida’s 2nd Judicial Circuit, law enforcement agencies were informed that the difficulty in easily differentiating hemp and marijuana led to the decision.

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