MJBizMag October 2022 - 25
INDUSTRY DEVELOPMENTS
Florida
Regulators set caps on THC dosage in medical marijuana products and the amounts that doctors can
recommend for MMJ patients.
The new rules limit THC to 24,500 milligrams over a 70-day period for nonsmokable marijuana and
caps the dosage for other form factors such as edibles, inhalation and tinctures.
Additionally, Gov. Ron DeSantis believes medical marijuana businesses need to pay more to do
business in the state.
" These are very valuable licenses, " the governor told reporters. " I would charge them an arm and a
leg. I mean, everybody wants these licenses. "
DeSantis did not say if he specifically was talking about medical marijuana companies currently
doing business in Florida or if he was discussing new entrants into the state market.
Idaho
A hemp farm in Buhl, Idaho, started harvesting the first crop of industrial hemp seeds in the state.
Idaho was the last state in the U.S. to pass hemp legislation when, at the end of 2021, it legalized the
production, transportation and sale of industrial hemp.
The hemp farm, called 1000 Springs Mill, intends to grow hemp for the industrial market, including
for plastics and ethanol.
The state's hemp law allows hemp cultivation and transportation but not the sale of any hemp
products containing THC-a compromise to allow farmers to grow the crop while reducing law
enforcement confusion around the state's marijuana statutes.
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MJBizMag October 2022
Table of Contents for the Digital Edition of MJBizMag October 2022
MJBizMag October 2022 - 1
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