Florida's Marijuana Vertical Integration Model ("Cartel Model") before the Florida Supreme Court
Most Floridians know that medical marijuana is legal in Florida. What most Floridians do not know is that a restrictive system called the vertical integration model, which some people call the cartel model, severely restricts competition, increasing prices, causing scarcity, and limiting product options.
14% Of Americans Say They Use CBD Products
A recent Gallup poll found that one in seven Americans say they personally use cannabidiol (“CBD”) based products. Approximately 90% of all respondents indicated that they used CBD for medical or therapeutic reasons. Top reasons for use included 40% for pain, 20% for anxiety, 11% for sleep, and 8% for arthritis.
Cannabis Industry Vertical Integration- Endangered By Choice Of Conjunction
If a recent decision of the Florida First District Court of Appeal (Florida Department of Health, Office of Medical Marijuana Use, et al. v. Florigrown, LLC, et al., No. 1D18-4471) is upheld, there likely will be significant restructuring of the medical marijuana industry in the State. The cause of this uncertainty lies in the Florida Legislature’s choice of one conjunction, “and” instead of “or”.
FDA Acts To Regulate The CBD Market
On July 22, 2019 the Food and Drug Administration (“FDA”) sent a Warning Letter to a major producer and distributor of CBD in Florida and elsewhere. The FDA reviewed the company’s web site, which accepted orders for various CBD-infused products.