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How To open A Dispensary In Florida
Want to learn how to open a dispensary in Florida? Licensed medical marijuana treatment centers are authorized to cultivate, process and dispense medical marijuana. There are 28 such licensed locations throughout the state–roughly one for every 3,000 patients, according to Florida’s Office of Medical Marijuana Use. In 2022 Florida's OMMU will be offering 22 additional MMTC licenses for the state due to them passing the patient threshold.
Although applications for additional MMTCs are not being accepted at the moment, the 2015 process results and scores are currently available online.
The medical marijuana market in Florida is on pace to be valued at $110 million by the close of 2018. This value is expected to grow to $750 million by 2020. There is, however, a geographical discrepancy that affects Florida’s medical marijuana patients: most dispensaries are clustered in coastal areas or densely populated cities, which are difficult to access from more rural counties.
According to the Florida Department of Health, while over 100,000 patients have registered for medical marijuana licenses, there are only 1,583 physicians in the state database qualified to issue certification to qualifying patients. This is due primarily because physicians must successfully complete a 2-hour course and examination offered by the Florida Medical Association or the Florida Osteopathic Medical Association before being certified.
Voters passed a constitutional amendment known as the "Florida Medical Marijuana Legalization Initiative" (Amendment 2) in 2016. The amendment legalized medical marijuana for debilitating diseases or comparable debilitating conditions as determined by a licensed state physician. Amendment 2 went into effect January 3, 2017.
The Florida Department of Health Office of Medical Marijuana Use (OMMU) oversees Florida's medical marijuana program. The OMMU also writes and implements the department's rules for medical marijuana, oversees the statewide Medical Marijuana Use Registry, and licenses Florida businesses to cultivate, process and dispense medical marijuana to qualified patients.
Licensed medical marijuana treatment centers (MMTCs) are vertically integrated and are the only businesses in Florida authorized to dispense medical marijuana and low-THC cannabis to qualified patients and caregivers.
Available License Types
Licensed medical marijuana treatment centers (MMTCs) are vertically integrated and are the only businesses in Florida authorized to dispense medical marijuana and low-THC cannabis to qualified patients and caregivers. Florida will be offering 22 more MMTC licenses in 2022.
Each MMTC must receive authorization at three stages, (1) cultivation authorization, (2) processing authorization and (3) dispensing authorization, prior to dispensing low-THC cannabis or medical marijuana. The department is not accepting applications to become a dispensing organization.
The list that follows is not a comprehensive list of qualifying conditions. The conditions below are medical conditions that have been explicitly defined by Florida's medical marijuana law.
Chronic muscle spasms
Post-Traumatic Stress Disorder (PTSD)
Amyotrophic Lateral Sclerosis (ALS)
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Gov. Rick Scott signed a limited medical marijuana bill into law on June 16, 2014, SB 1030, also known as The Compassionate Medical Cannabis Act. It protects qualifying patients suffering from a very limited amount of disorders from the use and possession of CBD. The law authorized for a limited amount of Medical Marijuana Treatment Centers (MMTCs). The state awarded seven organizations to grow, process and dispense the low-THC marijuana.
In November 2016, Florida passed Amendment, 2 legalizing medical use of marijuana for individuals with debilitating medical conditions as determined by a licensed Florida physician. In June 2017, Gov. Scott signed SB 8A into law, further implementing the medical marijuana program.
The bill included 10 new licensed MMTC in the state, in addition to the seven that already existed. It added another four MMTC licenses to be issued for every 100,000 patients added to the state’s medical marijuana registry. Each MMTC is allowed to grow, process, transport and sell medical marijuana. One MMTC license also allows the licensee to establish up to 25 dispensaries.
On March 18, 2019, Governor Ron DeSantis signed Senate Bill 182 to end the ban on smokable medical marijuana products.
On May 1, 2018, over six months after the October 3, 2017 deadline to issue new licenses, the Florida Department of Health filed a Notice of Proposed Rule allowing additional Medical Marijuana Treatment Centers. However, ongoing litigation delayed the state from moving forward.
Estimated market size
In 2018, an estimated $3.4 billion to $5.7 billion in sales in Florida and $111.3 million in Central Florida for the dispensaries, depending on the form in which it was sold. Florida is an estimated $250 million medical marijuana market.
how to start a marijuana business florida
If you are just starting your marijuana business, the next best step is to start a Business Plan to help educate your team and be ready to apply for a marijuana business license. If you are ready to apply for a Marijuana Business License in Florida, please Contact us or call our offices to set an appointment to get started. You can also select another State Opportunity, or fill out our Contact Form to discuss potential strategies such as Investment or Partnership Opportunities.