2019 Cannabis Business Award's Publication of the Year |
FLORIDA SUPREME COURT SAYS YES!! |
FMCPG HAS BEEN SERVING AND REPRESENTING THE CANNABIS PHYSICIAN COMMUNITY
SINCE 2020 |
THE
"FLORIDA MEDICAL CANNABIS PHYSICIAN GROUP" (FMCPG) FOR ALL
"MEDICAL MARIJUANA DOCTORS" AND "MMTC DIRECTORS ONLY " DISCUSSION WILL INCLUDED: RESULTS OF SURVEY
REVIEW OF THE OMMU AND CHANGES TO THE DOCTOR'S PATIENT INPUT PORTAL ON THE OMMU WEBSITE.
DOCTORS WITHIN OUR GROUP WILL DISCUSS HOW THEY HAVE BEEN WORKING AROUND SOME OF THE CHANGES
HEMP BILL - WHAT DOES IT MEAN FOR MEDICAL CANNABIS LEGISTRATIVE AGENDA FOR 2024 -2025 REF'S ISSUES AND SOLUTIONS CLICK HERE TO REGISTER FOR THE JULY 10, 2024 MEETING |
MEDICAL CANNABIS PHYSICIAN
PROMOTION PACKAGE BY CANNABIS NEWS FLORIDA ARTICLE: Physician will contribute an article of 350 words**. This article will appear in the Cannabis News Florida e-newsletter for one month (4 weeks).
E-MAIL BLAST: Cannabis News Florida will send out one e-mail blast promoting the Physician to the other physicians in three zip code areas or one city to be determined by the Physician. The Physician will supply the information for the email blast. The Article above can be used in the e-mail blast.
The cost of this program is ONLY $500.
**Cannabis News Florida will assign a writer for a telephone interview with the Physician and create the article to be published. Physician shall have the right to review and approve the article before publication for an additional cost of $100.
IF YOU ARE INTERESTED, PLEASE EMAIL ME AT CHARLES@CANNABISNEWSFLORIDA.COM OR CALL MY CELL AT 954-605-4785 |
NEWS FROM THE PAST WEEK RELATING TO THE BUSINESS OF
MMTC'S IN FLORIDA
Click on Company Logo to be Transferred to Web Site |
TRULIEVE TO OPEN FLORIDA MEDICAL CANNABIS DISPENSARIES IN MADISON AND PANAMA CITY
TALLAHASSEE, Fla., July 1, 2024 — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced the opening of new medical cannabis dispensaries in Madison and Panama City, Florida.
Grand opening celebrations will be held at both locations Friday, July 5, beginning at 9 a.m., featuring music, specials, discounts, and opportunities to register for upcoming patient education sessions. Information pertaining to the #YesOn3 ballot initiative for adult use will be available.
“These dispensaries expand access to medical cannabis in Madison and Bay Counties,” said Trulieve’s Chief Executive Officer Kim Rivers. “We are thrilled to offer patients in these communities new, convenient locations where they can rely on Trulieve’s high-quality products and outstanding customer service.”
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THE CANNABIST COMPANY HOLDINGS INC. ANNOUNCES VOTING RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
NEW YORK–(BUSINESS WIRE)—June 28, 2024–The Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX:CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that, at the annual general meeting (the “Meeting”) of shareholders of the Company (“Shareholders”) that was held on Wednesday, June 26, 2024, all nine nominees for the board of directors of the Company were elected, the voting results of which are as follows:
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AYR CANNABIS DISPENSARY STRENGTHENS ILLINOIS RETAIL PRESENCE WITH OPENING OF HOMETOWN DISPENSARY
MIAMI, June 26, 2024 — AYR Cannabis Dispensary, a cannabis retail chain owned by AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced the opening of AYR Cannabis Dispensary Hometown, the Company’s third retail location in Illinois and 92nd nationwide.
Located in a suburb of Chicago at 4140 SW Hwy, Hometown, IL 60456, AYR Cannabis Dispensary Hometown began serving adult-use consumers on June 25. The dispensary features a welcoming environment for customers with a retail floor of approximately 4,200 square feet.
“We’re proud to continue our growth in Illinois with the opening of AYR Cannabis Dispensary Hometown, our third location in the state and 92nd nationwide,” said David Goubert, President and CEO of AYR. “This stunning new dispensary will offer AYR’s first-class service and experience to the cannabis community of Hometown, Illinois. We look forward to building fruitful, long-lasting relationships with new adult-use consumers and exploring future growth within the state.” READ MORE |
VERANO EXPANDS CABBAGE CLUB™, ITS DISRUPTIVE RETAIL MEMBERSHIP CLUB, TO CONNECTICUT, MARYLAND AND MICHIGAN
Following its Initial Rollout in New Jersey and Illinois, Cabbage Club™ Offers Cannabis Consumers in Connecticut, Maryland and Michigan Exclusive Members-only Savings, Deals and Experiences
Demonstrating the Company’s focus on innovation, differentiation and disruption, Verano’s Cabbage Club™, the first proprietary multi-state cannabis membership club in the U.S., offers consumers the opportunity to join a community and unlock exclusive benefits including monthly store credits, coupons, merchandise, early access to product drops, line-skipping privileges, special event access, concierge service and more
Scaling Cabbage Club to Zen Leaf™ dispensaries in Connecticut, Maryland and Michigan – three key adult use markets with a total combined population of over 15 million adults1 – highlights the early and budding success of the program following its initial launch in Illinois and New Jersey Cabbage Club™ will further expand to additional markets over the course of this year and next year across Verano’s footprint that currently spans 142 dispensaries in 13 states
For a limited time only, beginning July 1, consumers can join Cabbage Club™ as Founding Members at a discounted rate via earlyaccess.cabbageclub.co
CHICAGO, June 26, 2024 — Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the expansion of Cabbage Club™, the Company’s exclusive national cannabis membership program designed to reward and foster a community of cannabis enthusiasts, customers and patients, to Zen Leaf dispensaries in Connecticut, Maryland and Michigan. Beginning July 1, Cabbage Club will be available across 23 Zen Leaf dispensaries in five states, with plans to further expand and scale additional game-changing benefits for members across the Company’s entire footprint.
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IANTHUS ANNOUNCES RESULTS FROM ANNUAL GENERAL AND SPECIAL MEETING
NEW YORK and TORONTO, June 27, 2024 – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company“) (CSE: IAN) (OTCQB: ITHUF), which owns, operates and partners with regulated cannabis operations across the United States, is pleased to report the results for the Annual General and Special Meeting of Shareholders of iAnthus held on Thursday, June 27, 2024 at 12:00 p.m. (Eastern Time).
All matters put forward before the iAnthus shareholders (the “Shareholders“) for consideration and approval as set out in the Proxy Statement dated May 22, 2024, were approved by the Shareholders. Specifically, the Shareholders: (i) approved the election of Scott Cohen, Michelle Mathews-Spradlin, Kenneth W. Gilbert, Alexander Shoghi, and Richard Proud as directors of the Company; (ii) approved the appointment of PKF O’Connor Davies, LLP as auditors of the Company, and (iii) approved the amended and restated Omnibus Incentive Plan.
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VIRIDIAN CAPITAL CHART OF THE WEEK: IRS FILING IMPACTS CANNABIS STOCKS Cannabis Pubcos With Excess Tax Liabilities Get Hammered On Friday, June 28, 2024, Cannabis stocks were pounded by two different adverse events.
Biden’s disastrous performance in the first debate raised fears of a new Trump administration and the actions that he could take affecting cannabis. We view this as essentially a non-event. S3 is moving down the pike on auto-pilot without any active management from the president. We also doubt that Trump, if elected, would choose to interfere with the rights of States to run their cannabis industries. The market was likely influenced more strongly by an IRS filing IR-2024-177 on June 28, which said:
Until a final federal rule is published, the Internal Revenue Service today reminded taxpayers that marijuana remains a Schedule I controlled substance and is subject to the limitations of the Internal Revenue Code. The law with respect to the schedule or classification of marijuana has not changed. Taxpayers seeking a refund of taxes paid related to Internal Revenue Code Section 280E by filing amended returns are not entitled to a refund or payment.
The graph looks at the Friday stock price movements of MSOs with over $100 market cap against a measure of how significant excess tax liabilities are for the company. The graph clearly shows that the companies with the highest excess tax liabilities suffered the most significant % stock declines on June 28. The biggest decliner, Jushi (JUSHF: OTCQX), down 15.6%, has excess tax liabilities, which represent approximately 98% of its market cap and 1.94x its 2024 EBITDA. Similarly, AYR (AYR.A: CSE) liabilities represent 43% of its market cap and about .74x its 2024 EBITDA.
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NATIONAL AND INTERNATIONAL NEWS |
TILRAY BRANDS BREWS UP SUMMER FUN FOR THE FOURTH OF JULY
NEW YORK, June 27, 2024 — Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, is thrilled to announce an array of exciting activations, events, and product launches to celebrate this Fourth of July with its renowned craft beer and beverage brands—Breckenridge Brewery, SweetWater, 10 Barrel Brewing, and Montauk Brewing and newly launched Runner’s High. The brands are gearing up for a spectacular holiday with a series of unique events and experiences for all.
This upcoming long weekend, those brands are turning up the heat on seasonal celebrations with a delectable offer that will delight grill masters and beer lovers alike. As summer heats up, so does the opportunity to indulge in one of America’s favorite pastimes: a good old-fashioned barbecue. To enhance these summer gatherings, get $3 back when you buy your favorite beer from Shock Top, SweetWater Brewing, 10 Barrel Brewing, Montauk Brewing, or Blue Point Brewing, along with your favorite hot dogs and veggie dogs.
Available from July 1st through December 31st in select states1, this promo not only caters to the traditions of grilling it also celebrates the pairing of crisp, craft beers with the beloved American hot dog.
From grills to frills, join us for our Fourth of July events across the country:
SweetWater: A Celebration of Community and Sports: As the Official Beer Sponsor of the Peachtree Road Race, the world’s largest 10k on July 4th, SweetWater is at the heart of the action. Join us at the pre-race expo on July 2-3 to gear up for the big day. The race itself will feature several SweetWater hydration stations to keep runners refreshed with water and sports drinks. Celebrate post-race at our lively afterparty at the SweetWater Taproom, which will include a variety of our finest brews and local cuisine.
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CRONOS BRAND SPINACH® CELEBRATES SUMMER WITH NEW LAUNCHES
TORONTO, June 27, 2024 — Cronos Group Inc.’s (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) Spinach® brand is expanding its portfolio of award-winning and best-selling cannabis products just in time for the summer months. Summer innovations feature new flavors and formats from Cronos’ SOURZ by Spinach® edibles and a premier milled flower product. The new SOURZ by Spinach® Fully Blasted gummies offer the same great-tasting SOURZ by Spinach® flavors, now with 10 mg of THC per piece. The SOURZ by Spinach® Tropical Party Pack introduces new gummies with bolder tropical flavors, in the distinctive Spinach® “S” shape. These gummies have a perfect blend of sour and sweet and utilize Cronos’ proprietary flavor-masking technology. SOURZ by Spinach® Fully Blasted includes one 10 mg THC gummy per package in the following flavors: Pink Lemonade Sweet and refreshing flavors of raspberry and lemonade Blue Raspberry Watermelon Electric blue raspberry and refreshing watermelon Cherry Lime
Delightful cherry and tangy lime READ MORE |
AFC GAMMA ANNOUNCES RECORD DATE AND SPECIAL DIVIDEND FOR SPIN-OFF OF COMMERCIAL REAL ESTATE PORTFOLIO Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024 Distribution Date Expected to be July 9, 2024
Board of Directors Declares $0.15 per Share Spin-Off Special Dividend
WEST PALM BEACH, Fla., June 27, 2024 — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that the previously announced spin-off of its commercial real estate portfolio is expected to be completed on July 9, 2024. The commercial real estate portfolio will spin-off into a new independent, publicly-traded REIT, Sunrise Realty Trust, Inc. (“SUNS”).
Holders of AFC Gamma common stock as of the close of business on July 8, 2024 (the “Record Date”) will be entitled to receive one share of new SUNS common stock for every three shares of AFCG common stock held. The distribution is expected to occur prior to the opening of trading on July 9, 2024, and shares of SUNS common stock will begin trading on Nasdaq under the symbol “SUNS”. AFC Gamma will not issue fractional shares of its common stock in the distribution. Instead, holders of AFC Gamma common stock will receive cash in lieu of any fractional shares that they would otherwise be entitled to. No action is required by AFC Gamma stockholders to receive the distributed shares of common stock of SUNS.
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BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND
DISPENSARIES IN THE STATE OF FLORIDA |
QUALIFIED PATIENTS OVER 883,000 AND 653 DISPENSING LOCATIONS
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LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
JUNE 28, 2024 Report
BY THE NUMBERS Qualified Patients: (Active ID Card):
JUN 28 2024- 883,567 JUN 21 2024- 883,375 JUN 14 2024- 882,933
JUN 07 2024- 883,096 MAY 31 2024- 882,604 Pattients Last Week: 192
Qualified Ordering Physicians: 2,268
New Doctors Last Week: - 18
Reporting Period: JUNE 21 TO JUNE 27, 2024 Amount of Medical Marijuana Dispensed - (mgs THC) 348,056,119 Amount of Low-THC Cannabis Dispensed - (mgs CBD) 3,768,567
Amount of Marijuana in a From for Smoking (oz) 112,636.273 Approved Dispensing Locations: 653 ADD LAST WEEK : 4 GTI - TALLAHASSEE SUNBURN - PANAMA CITY BEACH TRULIEVE - MADISON & PANAMA CITY |
UPCOMING MEETING AND CONFERENCES |
ADVERTISEMENT OPPORTUNITIES
If your goal is to get your business in front of the right people in the cannabis industry or you want to be an integral part of this new and exciting business opportunity, then you need to join with Cannabis News Florida as we help to establish cannabis as a major part of the economy in Florida. Cannabis News Florida is an online publication focusing on both local and national news from leading authorities about the medical and business developments in the medical cannabis industry covering the entire state of Florida.
Join the Cannabis News Florida force online and in print. We offer several marketing options to fit all budgets:
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