Who Is Growing Medical Marijuana In Florida?
This article was originally written for Marijuana Doctor.com. The sull article can be found here: Who Is Growing Medical Marijuana In Florida?
Did you know that Florida has the fastest growing medical marijuana program in the U.S. by patient count? So far, more than 200,000 patients have qualified for a medical marijuana card in Florida. And that number continues to increase at an astonishing rate with a whopping 10,000 new patients signing up each week.
Experts in the industry are projecting that more than $1 billion in cannabis will be sold in Florida in the coming year and that the market will exceed $2.5 billion in annual sales within five years. Moreover, the state’s cannabis industry employs more than 10,000 people, and that number is expected to increase to 15,000 next year.
Now, licensed producers in Florida are striving to keep up with the demand, opening an average of about two dispensaries each week. Moreover, the state recently awarded an additional eight licenses on top of the 14 that were already operating at the beginning of 2019.
And there’s still plenty of room for growth. Despite having more than 100 dispensaries and a handful of delivery-only services, Florida still has just one-quarter of the number of dispensaries operating in Colorado. That fact alone shows that there is still a lot of room for expansion in Florida. Add to that the fact that Florida has four times the population of Colorado, and you can see where this is heading.
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