What is vertical integration? Vertical integration is an economic term used in business models to describe the systematic affairs of a company. These affairs refer to whether the stages of a company’s supply chain operations are directly owned by that respective company or not. In other words, vertical integration means the entirety of a business’ supply chain is integrated, owned, … Read More
When will the Senate vote on the MORE Act 2022?
For the second time in American history, the U.S. House of Representatives voted on whether or not to end the federal ban on cannabis – and it passed. America is slowly but surely approaching the days of federally legalized cannabis. Maybe the grass is greener on the other side. On Friday April 1st, the House floor passed the MORE Act … Read More
U.S. House Passes Historic Vote to Decriminalize Marijuana
In an unprecedented vote that may permanently change medical and recreational drug use, the United States House of Representatives passed legislation for marijuana decriminalization. Such a statute would have been groundbreaking in and of itself, yet the news does not stop there. The House marijuana decriminalization bill also proposed to expunge non-violent convictions related to the substance under the Act’s … Read More
Guide to Florida Medicinal Cannabis Edibles Testing and Regulations
It has been four years since Florida voters first passed a constitutional amendment to legalize medicinal cannabis. This amendment allowed for the production and sale of cannabis edibles infused with THC, but product development was delayed due to a lack of adequate regulations regarding testing and consumer safety. On August 20th, 2020, the Florida Department of Health published regulations and … Read More
FDA Issues Guidelines for Development of Cannabis-Based Drugs
Legislative changes, including the 2018 Farm Bill, have opened the doors to clinical research on cannabis-based medicinal products. Recognizing the potential opportunities that cannabis compounds may offer, the FDA recently published preliminary guidance on how to conduct federally approved research for drugs containing cannabis or cannabis-derived compounds. The federal agency states that activities relating to the cultivation and manufacture of … Read More
Economic Benefits of Legalizing Marijuana
Marijuana laws are extremely complex and differ state-to-state. A 2016 Florida law permits limited medical marijuana use. Other states ban marijuana altogether, while others are laxer and permit recreational use. It’s a shame that cannabis is so heavily regulated given the numerous economic benefits associated with legalization. This isn’t just conjecture from an advocate. Many studies and economic analysts attest … Read More
Did You Know There’s a Medical Marijuana Drive-Through in Florida?
Why do fast food and café chains have drive-thru options? This makes ordering and pickup a timesaver for customers. Well, it looks like several medical marijuana dispensaries are following suit. Several counties in the state are opening cannabis shops with pickup available via drive-thru. Find out how the process works and how you can take advantage of it. How Does … Read More
Trulieve Challenges Florida’s Cap on Medical Marijuana Dispensaries
On July 12, 2016, Florida legislators made it legal to cultivate and dispense medical marijuana products to eligible patients. However, the landmark bill limits the number of medical marijuana dispensaries that businesses can open to just 25. This cap, which is part of an amendment that largely legalized medical cannabis in Florida, is slated to expire in two years. In … Read More