Study: Growth of Florida's medical marijuana industry second in the nation

Florida’s medical marijuana industry is booming. A new study says Florida ranks among the highest in the country for industry growth.

Thirty-six states currently allow medical marijuana, but each one has its own set of rules, which means every state’s industry grows at a different pace. With that in mind, Marijuana Business Daily crunched the numbers and found Florida’s medical marijuana industry growth is No. 2 out of those 36 states. Oklahoma is No. 1.

There are more than 255,000 qualified medical marijuana patients in Florida. That’s about 1.6% of the state’s population, with an average of 609 new patients signing on per day.

is growing, as well. Tampa CBD dispensary Natural Life sells non-euphoric cannabis products, which do not contain THC. The store says it has seen a bump in sales since medical marijuana became legal.

“Since it became a medical state, definitely our sales have gone up. It’s opened people’s eyes,” said manager Sebastian Suarez. “Hopefully we can all grow together and become a bigger industry.”

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8 20, 2019