MJBizMag April 2023 - 20

INDUSTRY DEVELOPMENTS State by State
Florida
State health officials will accept applications for up to 22 new medical marijuana licenses beginning
April 24, according to Gov. Ron DeSantis' administration. The new licensees would double the number
of vertically integrated operators active in the state.
Under state law, each individual operator is allowed multiple cultivation and sales locations. The
state's 22 existing operators had a total of 413 locations as of last year, according to the 2022 MJBiz
Factbook.
Additionally, the campaign to legalize adult-use marijuana in Florida has collected enough signatures
to trigger a state Supreme Court review of the initiative.
Smart & Safe Florida collected more than 294,000 valid signatures from Florida voters, enough to
compel a legal review from the state Supreme Court, which in 2021 rejected two adult-use legalization
proposals.
Smart & Safe Florida will need to collect at least 891,589 signatures to put a constitutional amendment
before voters in November 2024. Florida ballot initiatives need 60% support to become law.
Hawaii
Lawmakers in the state Senate passed an adult-use marijuana legalization bill by a 22-3 vote.
The bill now needs to pass the House of Representatives, where Speaker Scott Saiki has shown
reluctance to pass a recreational marijuana bill. Gov. Josh Green, however, has said that he would sign
a legalization bill into law.
If approved, Senate Bill 669 would:
* Set up a state authority to oversee an adult-use industry.
* Allow adults 21 and older to possess up to 30 grams of marijuana and cultivate up to six plants.
* Expunge certain marijuana-related offenses.
Existing medical licensees would be able to convert to adult use.
The current proposal has some small-business-friendly provisions, including a cap on cultivation
licenses of 5,000 square feet, and limiting individual licensees to no more than two retail outlets.
Illinois
Adult-use marijuana sales in Illinois totaled $120.5 million in February, an increase of 5.7% from
February 2022, despite declining sales to out-of-state shoppers.
Sales to out-of-state residents fell 10.1% from the same month a year before, landing at 25.5%, after
neighboring Missouri launched recreational marijuana sales in early February, according to new data
published by the Illinois Department of Financial and Professional Regulation (IDFPR).
Additionally, Okay Cannabis and West Town Bakery Cafe + Lounge in Wheeling is combining
marijuana retail, baked goods, a cocktail bar and event space under one roof in a move that's being
billed as the first multiuse marijuana retailer in Illinois and one of few nationwide.
The concept was developed by The Fifty/50 Restaurant Group and CESAM. According to the Chicago
Tribune, the ownership of Okay Cannabis is a social equity licensee.
20 April 2023 | MJBizMagazine
https://mjbizdaily.com/florida-issues-more-medical-marijuana-business-licenses-increases-fees/ https://insights.mjbizdaily.com/factbook-2022/ https://insights.mjbizdaily.com/factbook-2022/ https://www.nbcmiami.com/news/local/recreational-marijuana-use-in-florida-moves-step-closer-to-2024-ballot/2965254/ https://dos.elections.myflorida.com/initiatives/initdetail.asp?account=83475&seqnum=2 https://mjbizdaily.com/florida-high-court-nixes-second-try-at-recreational-cannabis-ballot-measure/ https://www.mpp.org/news/press/hawaii-senate-advances-cannabis-legalization-bill/ https://spectrumlocalnews.com/hi/hawaii/news/2022/10/07/aiona--green-spar-over-abortion--marijuana-in-first-debate https://www.capitol.hawaii.gov/sessions/session2023/CommReports/SB669_SD2_SSCR1083_.htm https://idfpr.illinois.gov/Forms/AUC/monthly%20adult%20use%20cannabis%20sales.pdf https://mjbizdaily.com/missouri-tops-12-million-on-opening-weekend-of-adult-use-marijuana-sales/ https://www.chicagotribune.com/marijuana/illinois/ct-illinois-marijuana-okay-dispensary-20230202-5v2m5kf6rjgdtf4ug56cymslii-story.html

MJBizMag April 2023

Table of Contents for the Digital Edition of MJBizMag April 2023

MJBizMag April 2023 - 1
MJBizMag April 2023 - 2
MJBizMag April 2023 - 3
MJBizMag April 2023 - 4
MJBizMag April 2023 - 5
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