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Florida

 

What marijuana/cannabis business can you start in Florida?

Under the new regulations, enacted as of November 8, 2016, Florida residents will be able to apply to open Medical Marijuana Treatment Centers (MMTC) -- entities that acquire, cultivate, possess, process (including development of related products such as food, tinctures, aerosols, oils, or ointments), transfer, transport, sell, distribute, dispense, or administer marijuana, products containing marijuana, related supplies, or educational materials to qualifying patients and caregivers.

Whether regulators will allow stand-alone, specialized businesses for retailing, cultivation, delivery services, edibles or topicals is yet to be determined.

As of right now, the state has not indicated when they will open the licensing period to would-be entrepreneurs. But the measure gives regulators a 6 month window to come up with the licensing requirements and procedures. So the earliest you will be able to apply will be May 2017 - provided they don't seek extensions. 

What can I do right now?

To get ahead and be prepared for when the state will start licensing marijuana businesses, you should:

  • Read through the regulations and determine what business type you'd like to have.
  • Get our free starter package to give you a general overview of what to expect when Florida starts licensing marijuana businesses.
  • If you'll be seeking financing and investors or partners, you'll need a business plan to present to them. See our Medical Marijuana Business Plans for Florida page for details and get a business plan to fit your needs.
  • If you're serious and want to determine what moves you can be making right now to get a leg up on the competition for licenses - get one of our medical marijuana business consultation packages and let our expert Associates review your situation and instruct on the intelligent moves you could be making now to increase your chances of winning licenses.  

The latest marijuana industry news, laws, & frequently asked questions for Florida.