Voters in Florida approved expanded medical cannabis legalization nearly four years ago after failing to do so in 2014, with 71% voting in favor of Amendment 2. The program has become one of the most successful limited license medical cannabis programs to date, with over 361K active patients as of... Read more
Liberty Health Sciences Announces Record Revenue Increase in Fiscal Year 2020 Financial Results; 401% Growth Combined revenue for the year ended is $50 million * All references to dollar values refer to Canadian dollars unless otherwise stated. TORONTO, June 26, 2020 /PRNewswire/ – Liberty Health Sciences Inc. (CSE: LHS)... Read more
Columbia Care Accused of Fraudulently Taking Lucrative License
The complaint accuses New York-based Columbia Care of tortious interference with contract, unjust enrichment, civil conspiracy, aiding and abetting fraud and aiding and abetting breach of fiduciary duty, among other offenses, A Florida company focused on low-THC cannabis sued a New York-based cannabis company in New York County’s Supreme... Read more
Exclusive Interview with Green Thumb Industries Chief Strategy Officer Jennifer Dooley Multi-state operator Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) started five years ago with the plan to establish itself in limited-license markets ahead of adult-use. Now, some of its markets have made the transition from medical to adult-use.... Read more
The Florida Supreme Court heard arguments on Wednesday challenging a proposed ballot measure that would legalize the recreational use of cannabis in the state. If approved by voters, the initiative constitutional amendment would legalize the use of marijuana by adults and establish a regulatory framework for commercial cannabis cultivation... Read more
Did Florida lawmakers break the law in regulating medical marijuana?
In a case that could have important implications for the medical-marijuana industry, Florida Supreme Court justices Wednesday waded into a battle about whether the state has properly carried out a 2016 constitutional amendment that broadly legalized marijuana for patients. The Florida Department of Health appealed to the Supreme Court... Read more
A Miami federal judge has denied an early release from prison for one of the kingpins of the Cali drug cartel, ruling that his health and the threat of the COVID-19 coronavirus are not sufficient grounds to end his incarceration. The decision from U.S. District Judge Federico Moreno means... Read more
Recreational pot supporters in Florida fire back on new law
With a hearing next week in the Florida Supreme Court, backers of a proposed constitutional amendment that would allow people to use recreational marijuana are disputing arguments by the state Senate that a new law should help block the ballot initiative. Attorneys for the political committee Make It Legal... Read more
Medical marijuana industry booming in Florida during COVID-19 pandemic
Since Florida confirmed its first COVID-19 cases early last month, people are getting more things delivered, from groceries to food, to mixed cocktails to go. And more and more Floridians are having medical marijuana delivered straight to their homes “In light of everything that’s been happening, we’ve seen at... Read more
State officials in Florida who are attempting to block a constitutional amendment ballot initiative that would legalize adult-use cannabis have filed briefs that explain their legal arguments with the state Supreme Court. Lawyers for the Republican-controlled state Senate and Attorney General Ashley Moody outlined their position against the initiative... Read more
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