Florida Cannabis

Safe & Smart Florida, the group behind Florida’s failed attempt to legalize recreational cannabis in November 2024, has launched a new initiative to do it again in a 2026 ballot. The "Adult Personal Use of Marijuana," initiative was filed on Tuesday, first reported by Florida Politics,...

In what could be a landmark ruling, a Florida appeals court has determined that a drug-sniffing dog’s alert alone does not justify a police search of a vehicle, particularly in the era of legalized medical marijuana. Why? The court ruled that since a dog cannot distinguish between medical and...

AYR Wellness (OTC:AYRWF) is furthering its commitment to social equity and restorative justice with the launch of a Cannabis Expungement and Record Sealing clinic in Fort Myers, Florida, on Saturday December 14, 2024.  The clinic, which is being held in partnership with Blaze Responsibly, provides...

As President-elect Donald Trump reshuffles his cabinet wish list, Florida Gov. Ron DeSantis seems to be moving closer to the halls of the Pentagon, that is if Trump's embattled first choice for the job flames out. Pete Hegseth's nomination continues to be clouded by troubling allegations raising...

Planet 13 Holdings (OTC:PLNH), a key player in the cannabis retail and cultivation space has seen its stock drop 29% over the last 30 days, reflecting broader market pressures. However, the company presents an attractive opportunity for investors, given its discounted valuation relative to peers...

As the formal review process for rescheduling cannabis unfolds, industry players are closely watching its potential to transform the sector. With the DEA hearing delayed until early 2025 and a possible Trump presidency adding uncertainty, cannabis businesses are preparing for what rescheduling to...

Florida's Department of Health announced plans to award 22 new medical cannabis licenses, a decision that could reshape the state's cannabis industry but is likely to face legal challenges. The announcement, posted Tuesday on the agency's website (via Tallahassee Democrat), comes more than 18...

The post-election landscape raises uncertainty for cannabis MSOs, with investors hoping for potential relief from the new administration. Verano (OTC:VRNOF), Green Thumb (OTC:GTBIF), and Gold Flora (OTCQB:GRAM) show mixed results, balancing strategic gains with regulatory challenges. While full...

Weed Is Not Legal In Florida But Medical Cannabis Retail Footprint Grows Nonetheless RISE Dispensaries, a cannabis retail chain owned by Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF), opened RISE Dispensary Orlando on Good Homes Road on Friday, Nov. 8. Located at 725 Good Homes Road, the new...

Planet 13 Holdings Inc. (OTC:PLNH) reported Friday afternoon a strong revenue increase of 29.7% year-over-year for Q3 2024, reaching $32.2 million. The growth was fueled by the expansion into the Florida market and solid performance at its Illinois store.  Despite the revenue boost, the company...

Florida’s cannabis legalization initiative, Amendment 3 (AM3), failed to pass on Tuesday despite gaining a majority of the vote. The initiative achieved 55.8% support although a constitutional amendment in Florida needs to garner 60% of the vote to be adopted. Backed by cannabis advocates and...

Tensions within the U.S. cannabis industry have intensified, particularly within the U.S. Cannabis Council (USCC), where conflicts between hemp companies and large marijuana operators have come to the forefront. These internal disputes are unfolding against the backdrop of recent rejections of...

SNDL Inc. (NASDAQ:SNDL) rose over 10% on Election Day at market close, following the release of its third-quarter earnings, reporting CA$236.9 million ($170.65 million) in revenue. Although the company faced a slight decline in its liquor retail segment, its core cannabis operations showed strong...

Boris Jordan, founder and executive chair of Curaleaf Holdings (OTC:CURLF), had some parting words for Governor Ron DeSantis who has opposed Florida's cannabis legalization initiative, Amendment 3, since day one, even after – or should we say because former President Donald Trump endorsed it?...

As Americans head to the polls on November 5 to elect a new president, Floridians will also weigh in on cannabis legalization. Gov. Ron DeSantis has been leading the anti-marijuana charge in the months-long heated debate. The governor and the Republican Party of Florida have found a common bond...