Florida Moves Closer to Smokable Medical Marijuana
The newly elected governor of Florida, Ron DeSantis, gave the state legislature until March 15 to come up with a resolution on smokable marijuana. If legislators don’t address the issue by then, he threatened to drop the state’s appeal of a court ruling that said the ban violates a voter-approved constitutional amendment broadly legalizing medical marijuana. It’s of his opinion that this ban subverts the will of the voters and he is looking to rectify the issue as soon as possible.
Despite the short timeline, both the state house and state senate are optimistic that a resolution will be passed. There are two proposals being considered at the moment, and it is likely that smokable medical marijuana will be available in Florida to meet the Governor’s deadline.
What does this mean for the cannabis economy (and cannabis jobs) in Florida?
This has been a big sticking point for Florida dispensaries. Ever since medical marijuana was legalized, flower has not been allowed on the menu for those looking to buy cannabis in the Sunshine State.
Adding flower to dispensaries’ menus in Florida would be a huge boon to their bottom line. For starters, flower has much lower production costs than the other forms of cannabis they currently sell so margins are higher. Secondly, flower is by far the most popular product, accounting for 50% of all marijuana sales in dispensaries today.
Revenue increases typically lead to expansion and hiring, which bodes well for people looking for cannabis industry employment in Florida. Expect some of Florida’s larger cannabis companies to expand their workforces shortly after this bill is passed.