Cannabis Status:Â Medical Only (applications opening soon)
While major pushes to legalize adult use cannabis in Florida have gained massive popular support amongst the populace, attempts to pass any legislation in the state government has been faced with massive political roadblocks. Most recently, two separate citizen-led initiatives to place cannabis legalization on the 2022 ballot have been struck down by the State Supreme Court. As of this time, recreational cannabis remains illegal in the third largest state in the country.
Florida Update 2/8/23:Â Limited MMTC licenses will be available with the application window open from April 24th to 28th and up to 22 licenses with an application fee cost of $146,000.
Name:Â Florida
Population:Â 21.48 million
Median Income: $55,660
Cannabis Uses:Â Medical Marijuana Treatment Centers (vertically integrated), Labs
Florida Cannabis Overview:Â Currently, Florida requires all license types other than testing labs to be grouped into a single vertically integrated Medical Marijuana Treatment Center license. As of now only a small number of MMTC licenses have been awarded and the state is not currently accepting applications for new licensees.
Are you ready to join the thriving cannabis industry in Florida?
Don’t miss your chance to secure one of the limited MMTC licenses available! The cannabis application window will be open from April 24th to 28th, offering up to 22 licenses to ambitious entrepreneurs. At a cost of only $146,000, the application fee is a small investment for the potential rewards of operating in this exciting market. Take advantage of this opportunity to establish your presence in Florida’s thriving cannabis industry and secure your future success.