As Florida medical marijuana companies continue to rake in cash, Gov. Ron DeSantis this week said cannabis operators need to pay more for the opportunity to do business in the state.
The state “should charge these people more,” DeSantis told reporters Tuesday.
“I mean, these are very valuable licenses,” the governor said. “I would charge them an arm and a leg. I mean, everybody wants these licenses.”
It was unclear if DeSantis was referring to medical marijuana companies already operating in the state or businesses seeking to gain entry to Florida, which insiders say has the potential to be one of the nation’s most robust cannabis markets.
While DeSantis wants to extract more money from the businesses, the governor helped steer big bucks their way as one of his first legislative pushes after taking office in January 2019.
DeSantis urged lawmakers to repeal a prohibition against smokable marijuana, which the Republican-controlled Legislature had outlawed after voters in 2016 passed a constitutional amendment broadly legalizing medical marijuana.
The Legislature quickly went along with DeSantis’ request, and whole flower products are now by far the most popular items sold at the more than 460 medical marijuana dispensaries throughout the state.
[Read more at Tampa Bay Times]
Your email address will not be published. Required fields are marked *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Comment *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Δ
Japan’s cannabis market expanded sixfold over four years to ¥24 billion ($154 million) in 2023, a trend that is expected to accelerate with the amendment in December of cannabis laws,…
Los Angeles-based Ispire Technologies (NASDAQ: ISPR) is a three-year-old company built on the foundation (and reputation) of a global enterprise with many years of experience as an ODM (original design…
Sacramento is one of the best cities in the nation for cannabis fans, according to a new study. Real Estate Witch and Leafly, an online cannabis guide and marketplace, analyzed…
For the last two years, people have been able to stroll into New Jersey dispensaries to buy weed. But growing your own cannabis plant remains a third-degree felony. Despite a growing…