The outcome will reshape the cannabis industry in the country’s third most populous state, currently dominated by some of the most powerful cannabis companies in the US.
Lawmakers, regulators, and the courts are reshaping the industry, and the industry would like to be heard. But will the economy hold?
The legislature adjourned without a single hearing on a bill to legalize adult use cannabis. Its sponsor remains unfazed.
One of the largest and oldest CBD companies hopes to shape the state’s hemp industry, expected to be among the top in the nation.
The campaign, backed by millions from Parallel and MedMen, will try again in 2022—if the legislature doesn’t legalize first.
Make It Legal Florida shattered previous fundraising efforts last month. But the odds the adult use proposal will make it onto November’s ballot remain slim.
Two courts have ruled a law regulating medical cannabis is unconstitutional, and the state Supreme Court will decide. The result could open up the industry.
House lawmakers heard experts warn of public health and safety dangers from legalization, while Democrats complained about a lack of balance in the presentation.
An industry-backed effort posted another strong month of fundraising, while a grassroots campaign continued to fall short. Both campaigns remain far from their signature goals.
Parallel, formerly Surterra, the state’s second largest cannabis company, led the lobbying pack at nearly $95,000.
An unrelated meeting at the USDA led former Lt. Gov Carlos Lopez-Cantera to the Hemp Industry Association of Florida.
National cannabis companies are lobbying in Florida in the midst of legalization pushes from both industry and advocacy groups.
One effort is backed by industry giants, the other by grassroots advocates. Either would transform the state’s cannabis landscape.
The Florida House voted to lift the smokable cannabis ban, sending it to Florida Gov. Ron DeSantis, who is expected to sign the measure.
U.S. House Rep. Matt Gaetz tells Cannabis Wire that Gov. Ron DeSantis pushed back on his suggestion to unilaterally settle lawsuits and reform the state’s medical cannabis system.
In a move that will almost certainly untangle the program from lawsuits and drop costs for patients, Ron DeSantis says he’s fixing a law that’s “not up to snuff.”