Sunday, May 22, 2022
Cannabis News Daily
No Result
View All Result
  • Home
  • Cannabis News
  • Medical Marijuana
  • Legalization
  • Cannabis Business
  • Cannabis Laws
  • Cannabis Retail
No Result
View All Result
  • Home
  • Cannabis News
  • Medical Marijuana
  • Legalization
  • Cannabis Business
  • Cannabis Laws
  • Cannabis Retail
No Result
View All Result
Cannabis News Daily
No Result
View All Result
Home Medical Marijuana

Number of Florida medical marijuana providers set to nearly double

cannabisnews by cannabisnews
June 23, 2021
in Medical Marijuana
0
Number of Florida medical marijuana providers set to nearly double
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Following the Florida Supreme Court upholding the state’s seed-to-sale medical marijuana model, the Department of Health is preparing to issue 15 new treatment center licenses. 

Those involved in the industry believe the expansion will increase competition and benefit patients, but some lawmakers doubt whether the new players will actually make a dent in cost and availability.

There are more than 575,000 medical marijuana patients in Florida and the ever growing number has opened the door for 15 new MMTC licenses. 

Once the patient count hits 600,000, a total of 19 licenses will be available.

“This frankly doubles the size of the industry,” said Jeff Sharkey with the Medical Marijuana Business Association.

Sharkey expects those licenses will be granted within 18 months.

“I think it’s going to have a big impact. I mean you’ll see people really becoming competitive in this space,” said Sharkey.

But of the 22 current license holders, nine have produced zero, or virtually zero, product.

That’s one of the reasons State Senator Jeff Brandes is skeptical more license holders will make a noticeable impact on patients.

“Florida is going to be awash in medical marijuana licenses. The problem is, nobody wants to put the capital in to build the facilities and then site the retail facilities and build the processing plants necessary to make this work,” said Brandes.

With the Supreme Court upholding the state’s medical marijuana law, it would take legislative action to undo the expensive, but lucrative, requirement for MMTCs to control every part of the process from seed-to-sale.

Soon after taking office in 2019, Governor Ron DeSantis expressed disdain for the vertically integrated medical marijuana system put in place by lawmakers, saying they ‘essentially created a cartel’.

But legislative efforts to abolish the seed-to-sale model in recent years have failed to gain traction. 

State Representative Carlos Guillermo Smith hopes its an issue the Legislature will move to address next year.

“We need more competition because that will drive down the cost of the product for patients,” said Rep. Smith.

The Department of Health told us it’s establishing an application process for the 15 licenses currently available, but it has not yet begun accepting applications.



Source link

RELATED POSTS

Tribes wary of cannabis market opening

Medical Marijuana May Not Aid Pain, Anxiety, Depression Symptoms

ShareTweetPin
cannabisnews

cannabisnews

Related Posts

Tribes wary of cannabis market opening

Tribes wary of cannabis market opening

by cannabisnews
March 26, 2022
0

Two hundred hydroponic cannabis plants grow in a room filled with artificial sunlight at High Desert Relief in Albuquerque...

Medical Marijuana May Not Aid Pain, Anxiety, Depression Symptoms

Medical Marijuana May Not Aid Pain, Anxiety, Depression Symptoms

by cannabisnews
March 26, 2022
0

FRIDAY, March 25, 2022 (HealthDay News) — Immediate access to medical marijuana cards may have negative consequences, including higher...

Tennessee bill creating framework for medical marijuana program passes House subcommittee

Tennessee bill creating framework for medical marijuana program passes House subcommittee

by cannabisnews
March 26, 2022
0

The House of Representatives Health Committee will discuss the bill on Wednesday. NASHVILLE, Tenn. — A Tennessee bill that...

Jefferson to Consider Ambulance Increase, Medical Marijuana Ordinance

Jefferson to Consider Ambulance Increase, Medical Marijuana Ordinance

by cannabisnews
March 25, 2022
0

Jefferson residents will vote on a 1,002.74% increase to fund emergency medical services, a new medical marijuana ordinance, and...

Colorado Earned $423 Million In Marijuana Tax Revenue Last Year

Missouri Bill Would Let Voters Mandate More Oversight On Medical Marijuana Revenue Distribution To Veterans

by cannabisnews
March 25, 2022
0

The Senate on Thursday unanimously approved a marijuana bill—but not the federal legalization measure that advocates have been eagerly...

Next Post
Newport News leaders hosting public Zoom meeting to discuss marijuana legalization

Newport News leaders hosting public Zoom meeting to discuss marijuana legalization

Black Entrepreneurs Behind Cannabis Brand GasHouse Make Their Mark On The Industry

Black Entrepreneurs Behind Cannabis Brand GasHouse Make Their Mark On The Industry

RECOMMENDED

Valley News – Column: Small producers deserve direct access to market

Valley News – Column: Small producers deserve direct access to market

March 26, 2022

Decriminalization: The pathway to legalization and cannabis equity | Nikki Fried – South Florida Sun Sentinel

March 26, 2022
  • 22M Fans
  • 111 Followers
  • 650 Followers
  • 23.5k Followers

MOST VIEWED

  • US Hemp and Cannabis Industry Leaders to Participate with Government at Event Celebrating New Legalization In Costa Rica

    US Hemp and Cannabis Industry Leaders to Participate with Government at Event Celebrating New Legalization In Costa Rica

    0 shares
    Share 0 Tweet 0
  • Oklahoma Cannabis Pioneer Joins Forces with Budding Cannabis Brand Ganja Goat Guru

    1 shares
    Share 0 Tweet 0
  • New Jersey Begins Accepting Recreational Cannabis License Applications: When Will Dispensaries Open?

    0 shares
    Share 0 Tweet 0
  • Federal Marijuana Legalization Bill May Receive House Floor Vote Next Week, Sources Say

    0 shares
    Share 0 Tweet 0
  • Legalizing recreational marijuana in Florida

    0 shares
    Share 0 Tweet 0

Recent News

Valley News – Column: Small producers deserve direct access to market

Valley News – Column: Small producers deserve direct access to market

March 26, 2022

Decriminalization: The pathway to legalization and cannabis equity | Nikki Fried – South Florida Sun Sentinel

March 26, 2022
Will SAFE Banking Act help?

Will SAFE Banking Act help?

March 26, 2022

CATEGORY

  • Cannabis Business
  • Cannabis Laws
  • Cannabis News
  • Cannabis Retail
  • Legalization
  • Medical Marijuana

Contact Us

  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Cannabis News Daily

No Result
View All Result
  • Home
  • Cannabis News
  • Medical Marijuana
  • Legalization
  • Cannabis Business
  • Cannabis Laws
  • Cannabis Retail

© 2021 Copyright Cannabis News Daily