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THC Limits

Florida Lawmakers Proactively Approve THC Limits on Recreational Cannabis Products

We’ve covered a lot of the political landscape surrounding Florida’s cannabis industry in the last few months, but things are changing quickly. Governor Ron DeSantis himself has expressed optimism about cannabis in Florida and believes that recreational cannabis will make it onto the November ballot this year. However, Florida seems to be counting its chickens […]

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Dispensary Business Growth

Florida Plans to Issue 22 New Medical Cannabis Licenses in Next Six Months

Florida is on track to potentially grant 22 additional medical cannabis licenses in the upcoming six months, which would significantly increase the number of licensed operators in the Sunshine State. Christopher Kimball, who heads the Office of Medical Marijuana Use (OMMU), discussed this development during a Q&A following his presentation to the House Healthcare Regulation

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Florida's Government Milking The Cannabis Boom

Florida’s Government Milking The Cash Cow: Who’s Really Benefiting From The Cannabis Boom?

When it comes to the financial impact of the cannabis industry in Florida, the numbers might blow your mind. While the Sunshine State’s medical marijuana program has existed for only six years, the revenue it generates has skyrocketed— leading to tensions and controversy across the board as medical marijuana license renewal fees hit a shocking

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Money Door

Florida Health Officials Set to Increase Medical Marijuana License Renewal Fees

Sanctuary Cannabis Challenges $1.33 Million Fee, Alleging Lack of Logic and Transparency Florida health officials have stepped to the plate to vigorously defend a substantial increase in medical marijuana license renewal fees despite facing a challenge from Sanctuary Cannabis, one of the Sunshine State’s leading licensed medical marijuana operators. The dispute between Sanctuary Cannabis and

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Green Gold Leaf

Florida’s Green Gold Rush: The Economic Impact of Legalizing Recreational Marijuana

Trulieve’s Push, Potential Tax Windfall, and the Hurdles Ahead in Shaping Florida’s Recreational Marijuana Future. The promising prospect of legalizing recreational marijuana in Florida is being presented as a potential source of higher sales tax revenue than that generated by alcohol and tobacco. In fact, many are viewing it as green gold for the state’s

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Cannabis Stops Coronavirus

New Study Reports Cannabis Consumers Experienced Less Severe Symptoms of COVID-19

As winter nears and new COVID variants emerge, keeping your immune system strong is more important than ever. And according to a recent report, a new study has illustrated a “potentially unexpected connection between cannabis use and health outcomes for COVID patients.” According to the study, those who identified as cannabis users and were diagnosed

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Uncle Sam Taxing Dispensaries Unfairly

Trulieve $143mm Refund Claim Highlights US Treasury As The Kingpin of Cannabis

Trulieve Cannabis Corporation, one of the nation’s industry leaders, took a stance against unfair taxation, when it issued a claim to the IRS claiming a refund for $143 million in taxes that, according to the company, it does not rightly owe. Specifically, the claim refers to the amount lost due to IRS 280E taxation, which

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Pot Stocks Blast Off

Cannabis Stocks Stage a Comeback: Rescheduling and Safe Banking Act Fuel Gains

Cannabis stocks are back in the game following a few promising developments in the federal reclassification of marijuana. Recent news of potential rescheduling and the pending Safe Banking Act has reignited investor optimism in the space. As a result, shares of prominent Chicago-based companies, Verano Holdings, Green Thumb Industries, and Cresco Labs, surged by 20%,

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Cannabis Stocks Soar

Marijuana Stocks Skyrocket Amidst Rescheduling Announcement

Since the HHS announcement on marijuana rescheduling, cannabis stocks have soared as investors gain renewed confidence in an industry that has been beleaguered by excessive regulation and taxation for years. According to New Cannabis Ventures’ Global Cannabis Stock Index, global cannabis stocks have skyrocketed over 20% since the announcement late last month. This is overall

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