MJBiz - September 2023 - 20

INDUSTRY DEVELOPMENTS State by State
Florida
Two individuals were issued medical cannabis licenses in Florida after a long dispute over the
cultivation, processing and sales permits reserved for Black farmers.
Terry Donnell Gwinn of Suwannee County and Shedrick McGriff of Bascom received licenses
from the Florida health department; each farmer had to submit a $5 million bond before launching
operations.
Additionally, state Attorney General Ashley Moody is attempting to have the state Supreme Court
invalidate an adult-use marijuana ballot measure. She has argued that the measure is written so
ambiguously that voters won't know what they're supporting.
The legalization campaign in June submitted more than enough valid signatures from registered
voters to qualify the measure for the November 2024 ballot.
Illinois
State regulators awarded an additional 55 adult-use marijuana retail licenses in a lottery, aiming to
create a more equitable industry and expand access to regulated cannabis.
Nearly 2,700 applicants were hoping to snag one of the conditional recreational retail licenses, which
were reserved for entrepreneurs who meet the state's social equity criteria-including having a record
of low-level marijuana-related charges or being from a community disproportionately impacted by
cannabis prohibition.
Maine
Gov. Janet Mills signed into law Legislative Document 1063, which allows legal marijuana businesses to
take tax deductions on their state returns to make up for forbidden expenses on their federal taxes.
Section 280 of the tax code prohibits marijuana operators from deducting traditional business
expenses on their federal tax returns.
Maine is the 17th state to offer some relief on the state level to marijuana companies chafing under
the federal tax code.
Under the new law, cannabis tax money will be shifted into the state's general fund to make up for
a $2.5 million reduction in state revenue.
Maryland
A group of hemp companies filed a lawsuit against state agencies and the governor for limiting
business opportunities related to hemp-derived products.
The Maryland Hemp Coalition contends in its civil suit against Gov. Wes Moore, the Maryland
Cannabis Administration and the Alcohol, Tobacco and Cannabis Commission that the state effectively
created a monopoly for licensed marijuana operators by restricting licensing and capping limits on THC
concentrates in products containing CBD.
The lawsuit argues that new laws that took effect July 1, the first day of adult-use marijuana sales,
effectively restricted hemp operators from obtaining business licenses.
Maryland is among a growing number of states that have enacted laws limiting the amount of THC
in hemp-derived products or requiring certain business licenses to sell such goods.
20 September 2023 | MJBizMagazine

MJBiz - September 2023

Table of Contents for the Digital Edition of MJBiz - September 2023

MJBiz - September 2023 - CT1
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MJBiz - September 2023 - Cover3
MJBiz - September 2023 - Cover4
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