In a state once seen as America’s most promising medical marijuana market, Florida cannabis operators are now grappling with plummeting prices and slowing sales despite an aggressive push to open new dispensaries — and the scene is about to transform as regulators nearly double the number of licensed operators. Prices fell 30% in the fourth […]
A Berkshire Hathaway (NYSE: BRK.A) insurance unit is looking to dismiss a lawsuit brought by cannabis company Trulieve over coverage related to a worker’s death in Massachusetts, arguing the worker wasn’t employed by any of the companies seeking protection. In a motion filed Monday in Florida federal court, Berkshire Hathaway Homestate Insurance Co. said it […]
Kim Rivers wants to legalize marijuana in Florida. She has to beat Ron DeSantis first. – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Source link
If 60% of Florida voters follow Donald Trump’s lead and cast ballots to legalize recreational marijuana in the state on Election Day, cannabis possession will become legal for adults 21 and older in the nation’s largest medical-only market in May 2025. That’s also when the state’s existing medical marijuana operators should be allowed to start […]
Public money as well as checks from a major tobacco company are opposing the record-breaking adult-use marijuana legalization campaign in Florida. Trulieve Cannabis Corp. last week donated another $28 million to the recreational marijuana legalization initiative appearing on the state’s November ballot, campaign finance records show. That means $141.9 million of the total $149.7 million […]
