Category Archives: Florida Medical Cannabis Business & Marijuana Legal News

Florida judge to state: Quit stalling approval of medical marijuana permits

A Florida judge warned the state Department of Health that it has until Oct. 19 to register new medical cannabis operators or risk being held in contempt. Friday’s scathing order by Leon County Circuit Judge Charles Dodson follows an August decision in which he ruled that the state law restricting the number of medical marijuana […]

MedMen inks dispensary deal to enter Illinois medical cannabis market

Los Angeles-based MedMen announced its second acquisition of the week to expand its national footprint – this time into the Illinois medical marijuana market. The multistate marijuana business agreed to acquire Seven Point, a licensed medical cannabis dispensary in the Chicago suburb of Oak Park. Terms of the deal weren’t disclosed, but it comes on the heels […]

Wells Fargo closes account of Florida candidate who backs medical cannabis

In an election-year example of banks’ reluctance to affiliate with the cannabis industry, Wells Fargo terminated the campaign account of a Florida agriculture commissioner candidate because she supports medical marijuana. The move underscores the perils of political candidates who advocate on behalf of the cannabis industry – and, if more widespread, could hamper pro-MJ reform efforts. […]

How Trump’s trade war is affecting the marijuana industry

The Trump administration’s trade war with China is expected to have a direct impact on several sectors of the marijuana industry – in particular, cannabis vaporizer companies. Others likely to be affected include: Cultivation operations that want to expand their greenhouse facilities. Growers that need to buy lighting equipment. Brands that purchase packaging from China. […]