It’s a new year, and who would have thought 10 years ago the cannabis industry would enter a new decade with a large number of US states having legalized the recreational usage of marijuana! Not yet in Florida, where only medical marijuana is legal.
Medical use of cannabis to relieve pain or anxiety has been legal in many more states for a longer period.
Florida Major Market for Cannabis
The big state the industry is waiting for to turn marijuana from only medical to add recreational use is Florida. With more evidence of the positive effects of cannabis usage for your health, the state of Florida has a potential large market.
Florida Marijuana Legalization Initiative
Imagine all the retirees who moved to Florida to take advantage of the good weather getting their hands on legal marijuana, the market could explode. Key date for the Florida Marijuana Legalization Initiative (#16-02) to get on the ballot for the November 3rd elections is February 1st 2020:
The requirements to get an initiative certified for the 2020 ballot:
Signatures: 766,200 valid signatures are required.
Deadline: The deadline for signature verification is February 1, 2020. As election officials have 30 days to check signatures, petitions should be submitted at least one month before the verification deadline.
Will we see more states take the approach to legalize both medical and recreational use of cannabis in the next year, 2020, or the next decade. Potentially the increase in research to the effects of cannabis usage on people’s health will help to pull the political discussion and vote forward.
- Thousands Of UK Patients Will Be Given Cannabis In Groundbreaking Study; The 20,000-person investigation will explore the effects of cannabis on chronic pain, MS, and other conditions. link
- More Evidence Needed To Show That Cannabis Works For Mental Health Conditions; A new study suggests there is not enough evidence that cannabinoids improve mental health conditions. link
- Yale Joins Connecticut Cannabis Company For First State-Approved Study; Yale University School of Medicine has teamed up with a Connecticut-based producer of medical marijuana products for an innovative new health study. link