Florida Bill Would Cap Adult-Use Cannabis at 10% THC

January 9, 2024 · Ganjapreneur

Florida State Representative Ralph Massullo has introduced a bill proposing limitations on the potency of cannabis in the event that adult-use marijuana is legalized in the state later this year. The proposed legislation seeks to set a maximum THC content of 10% for cannabis products intended for smoking and 60% for concentrates. Additionally, marijuana edibles would be subject to a cap of 200 milligrams of THC per package and 10 milligrams per serving.

The text of the bill reads:

Marijuana for personal use may not have a tetrahydrocannabinol potency, by weight or volume, of greater than 10 percent for marijuana in a form for smoking or greater than 60 percent in the final product for all other forms of marijuana, excluding edibles. Edibles for personal use may not contain more than 200 milligrams of tetrahydrocannabinol and a single serving portion of an edible may not exceed 10 milligrams of tetrahydrocannabinol.

Considering that most cannabis for sale in other adult-use markets is over 15% THC and that the rule would apply only to adult-use cannabis, not the current medical cannabis market in Florida, the bill would inherently give medical cannabis brands a significant advantage. However, the possibility of Florida voters encountering an adult-use legalization measure on their November ballots is still in question.

A campaign named Smart & Safe Florida has garnered enough signatures to potentially qualify for the 2024 ballot, but the Florida Supreme Court is currently deliberating on a constitutional challenge against the measure, initiated by Florida Attorney General Ashley Moody.

Most of the campaign’s funding, approximately $39.5 million, reportedly comes from Trulieve, a multi-state, publicly-traded cannabis brand. Moody has accused Trulieve of attempting to monopolize the legal cannabis market in Florida through this initiative.

Despite its introduction, the bill’s chances of success remain uncertain. Previous attempts to limit cannabis flower potency to 10% THC have not passed. For the measure to pass, it would require approval from 60% of voters. (Full Story)

In categories:Legalization State Bills
Tags:
Next Post

California Lawmaker Revives Bill To Legalize Marijuana Cafes Months After Governor’s Veto

A California lawmaker is renewing his push to legalize cannabis cafes in the state, with a newly introduced bill and plans to work with the governor and regulators to address concerns that resulted in the last version being vetoed. Assemblymember Matt…
Read
Previous Post

Why the Ukraine Legalized Medical Marijuana During the Russian Invasion

Ukraine Is Finally Legalizing Medical Marijuana On December 21st, right before Christmas 2023, the parliament of Ukraine finally voted to support the legalization of medical marijuana after a proposal by Prime Minister Denys Smyhal. The bill will regulate marijuana’s use for medical…
Read
Random Post

First Episode Of New Federal Veterans Affairs Podcast Focuses On Psychedelics’ Healing Potential

The U.S. Department of Veterans Affairs (VA) launched a new podcast last week about the future of veteran health care, and the first episode of the series focuses on the healing potential of psychedelics. Hosted by VA Under Secretary for…
Read
Random Post

Charlotte's Web Maintains Strong Gross Profit Margins Amid Net Revenue Decline

There was a 57.7% improvement in the adjusted EBITDA loss over the year. Hemp-based CBD giant Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported its first-quarter financial results on Thursday ending March 31, 2023. Despite a 12.1% year-over-year fall in net…
Read
Random Post

Gluten-Free Cannabis Products - The Marijuana Industry's $1 Billion Niche That Was Right Under Their Nose The Whole Time?

AYR Wellness Inc. (AYRWF) has launched its premium edibles under the Kynd brand in Florida and Nevada, boasting natural flavors and vegan, gluten-free options.  Gluten-free foods are an enourmous billion dollar industry now and the cannabis industry may be sitting…
Read
Random Post

Virginia Cannabis Sales Unlikely to Launch Under Gov. Youngkin’s Administration

The administration of Virginia Gov. Glenn Youngkin (R) has no plans to allow adult-use cannabis sales to commence in the state while he is in office, the Daily Progress reports. Adult-use cannabis sales were expected to begin in 2024 under a law…
Read