Recreational Weed Would Pump $190 Million Into Florida’s Economy, Report Says

Sales of recreational marijuana and accompanying increases in tourism would account for about $190 million in tax revenue after the official industry was up and running, the report says. The analysts say the overall economic effect would be “slightly positive” — more or less a ringing endorsement from a state that was once ground zero for the war on weed.

Feds Whack Florida Company Selling CBD for Babies

CBD might be the buzziest ingredient of 2019. Just about everyone is looking to cash in, from ice-cream parlors to yoga studios to multilevel marketing operations. But one Florida company apparently took the CBD trend a bit too far.

Five Bills That Would Change Florida’s Marijuana Laws

Lawmakers are scrambling to keep pace with the ever-changing landscape of the cannabis and hemp industries in Florida. As proponents of legalization lay the groundwork for a 2020 vote on adult use — more commonly known as recreational marijuana — officials are still trying to get a handle on the cannabis and hemp industries.

New Poll Reveals Strong Bipartisan Support for Adult-Use Marijuana in Florida

With three different petition drives hoping to bring recreational marijuana to Florida, legalization will most likely be on the 2020 ballot. To date, the frontrunning Make It Legal Florida initiative, backed by multistate cannabis companies that stand to gain billions, claims to have garnered more than 100,000 petition signatures since it began last month.

Miami Beach Officially Bans Public Smoking of Marijuana and Hemp

For the past three and a half months, marijuana has essentially been decriminalized in Miami. After Florida legalized hemp July 1, the Miami-Dade State Attorney’s Office announced it would no longer prosecute most minor marijuana charges because the substance is virtually indistinguishable from hemp.

Florida Lawsuit Shows Lack of Regulation for CBD Products, Experts Say

Experts say a recent class-action lawsuit filed in Florida signals a growing need for more stringent regulation and enforcement of the hemp and CBD industries in the state. The suit alleges the Fort Lauderdale company Diamond CBD and the Denver-based First Capital Venture Co. misrepresented the amount of CBD in their products.