Numbers have doubled

US: "Medical cannabis industry is booming in Florida"

As in other states that have legalized medical cannabis, Florida has seen a huge increase in doctors, users, and dispensary businesses in the last few years, thanks in part to the COVID-10 pandemic.

“Cannabis is one of the few industries in the world that grew during the pandemic,” Javier Hasse of Benzinga, which tracks business trends, told the South Florida Sun Sentinel last week.

“Home deliveries and the fact that it was declared essential in the U.S. really helped, but deep down, people were looking for something to deal with stress,” he said.

Since Floridians voted to legalize medicinal THC in late 2019, the numbers have soared. The state’s medical cannabis registry shows 710,000 people were approved for their cannabis card as of late April. That’s more than double the number in early 2020, and pot business owners predict the number will continue rising, the newspaper reported.

To read the complete article, go to www.insurancejournal.com


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