In the weeds: Florida's medical cannabis industry on the rise

State closes in on 16,000 legal cannabis industry jobs.


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  • | 11:10 a.m. June 13, 2020
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 MarkWemple. AltMed Director of Corporate Affairs Todd Beckwith at the company's Apollo Beach cultivation facility in February.
MarkWemple. AltMed Director of Corporate Affairs Todd Beckwith at the company's Apollo Beach cultivation facility in February.
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The Florida medical marijuana market is on fire.

The state, according to a report from industry cannabis information and data website Leafly, “hit its stride in 2019,” posting year-over-year sales growth. The boost was aided, the report says, by Florida “finally allowing” its more than 300,000 registered patients to purchase smokable flower. By year’s end, dispensaries were selling a total of 19,000 ounces per week. “Florida’s total market value (annual gross sales) now approaches $800 million,” the report states, “which puts it within shouting distance of adult-use retail states like Oregon and Washington.”

 

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