June 23, 2021

Marijuana in Florida: This Bud's for Us

Headed by Wall Streeters and MBAs and backed by deep-pocketed investor funds, more than 20 companies are fighting for dominance in the era of Big Pot ushered in by voters.

Mike Vogel | 9/25/2019

Medically Speaking

There are no prescriptions to obtain medical marijuana. Doctors who have completed training through a state program can provide patients with a “certification” for medical marijuana for certain conditions: Cancer, glaucoma, HIV, AIDS, PTSD, ALS, Crohn’s, Parkinson’s, MS, epilepsy, similar illnesses, terminal illness, chronic non-malignant pain.

Medical Marijuana vs. CBD

Medical marijuana is sold only through state-licensed dispensaries to those with certain medical conditions who get recommendations from physicians. Other stores now sell products containing CBD — cannabidiol. CBD is derived from hemp, which has only a trace amount of THC, the ingredient that produces the “high” in marijuana. (It’s been legal to grow hemp in Florida since July 1.) CBD creams, pills, and oils are marketed as treatments for numerous conditions, from pain to insomnia to anxiety. CBD products are not licensed or regulated by the state, which is drafting regulations for product makers and cultivators. The Florida Department of Agriculture’s website warns that products currently for sale are “unregulated, untested and without standards on what consumers are putting into their bodies.” It notes reports of harmful additives in products and false advertising.

 

Read more in our October issue.

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