2019 Cannabis Business Award's Publication of the Year |
WEDNESDAY, OCTOBER 9, 2024 |
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 INCLUDE:
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
LEGISLATIVE AGENDA FOR 2024 -2025
REF'S ISSUES AND SOLUTIONS
CLICK HERE TO REGISTER FOR THE WEDNESDAY OCT 23, 2024 MEETING
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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 Medical Cannabis Dispensary in Hallandale Beach, Florida New Broward County location will host grand opening celebration Friday, October 11th
TALLAHASSEE, Fla., Oct. 7, 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 a new medical cannabis dispensary in Hallandale Beach, Florida.
A grand opening celebration will be held Friday, October 11, beginning at 9 a.m., featuring music, specials, discounts, and opportunities to register for upcoming patient education sessions as well as learn about #YesOn3 and the ballot initiative to legalize adult cannabis use in Florida.
“We are proud to expand access to cannabis in Broward County by opening this new dispensary,” said Trulieve’s Chief Executive Officer Kim Rivers. “Our knowledgeable staff is committed to serving patients and caregivers with affordable, high-quality products and elite customer service.”
Trulieve Hallandale Beach, located at 2100 East Hallandale Beach Blvd, Suite 103, will be open 9 a.m. – 8:30 p.m. Monday through Saturday and 11 a.m. – 8 p.m. on Sundays, offering walk-in and express pickup service. READ MORE |
Curaleaf Continues Florida Expansion with Opening of Port St. Lucie Dispensary
New location in Southeast Florida marks the Company’s 65th dispensary in the state and 151st nationwide
STAMFORD, Conn., Oct. 3, 2024 — Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products, today announced it has opened a new medical dispensary in Port St. Lucie, Florida. Curaleaf Port St Lucie, located at 1720 Southwest Gatlin Boulevard, Port St. Lucie, FL 34953, opens its doors to medical patients on October 3, 2024. The Company’s newest dispensary brings its Florida store count to 65 locations, with 151 dispensaries total across the U.S.
Curaleaf Port St. Lucie is the Company’s second medical dispensary in St. Lucie County, broadening its presence on Florida’s Treasure Coast. The new medical dispensary provides expanded access to its wide selection of high-quality cannabis products and brands, including Select Fruit STIQ all-in-one vape, Grassroots craft flower and pre-rolls and Select Liquid Diamonds. With an established location in nearby Fort Pierce, Curaleaf continues to enhance its commitment to serving patients across Southeast Florida with premium care and cannabis offerings.
Curaleaf Port St. Lucie will operate from 9:00 a.m. to 8:30 p.m. ET Monday through Saturday and 10:00 a.m. to 7:00 p.m. ET on Sunday and will feature knowledgeable staff members to guide patients during their visit.
READ MORE |
The chart above shows the 2025 sources and uses of cash for fourteen significant MSOs. October 8, 2024 – The orange line shows estimated 2025 Earnings Before Interest, Taxes, Depreciation, and Rent (EBITDAR). We chose this metric as it is the primary funding source for the fixed charges on the graph.
The black line shows EBITDAR plus cash. Several of the companies on the graph have substantial cash balances as of their latest balance sheets, and this cash can be a buffer for those whose EBITDAR only marginally covers all required cash uses.
The bottom black bar is our estimate of what tax expense would be for the companies if 280e is eliminated. The red bar directly above it depicts the additional tax expense derived from 280e. The importance of 280e relief can be seen by the gap (if any) between the orange EBITDAR line and the top of the stacked bars showing the uses of cash.
The brown bar represents Viridian estimates of operating lease payments for 2025. The green bars show estimates of 2025 interest expense. Purple bars depict consensus estimates of 2025 Capex, and the blue bars at the top show Viridian estimates of 2025 debt maturities.
The chart shows that six of the fourteen companies, including Green Thumb (GTII: CSE), Trulieve (TRUL: CSE), Verano (VRNO: Cboe), Cresco (CL: CSE), Glass House (GLASF: CSE), and MariMed (MRMD: CSE) have sufficient cash flow to fund all fixed charges for 2025. All of the companies except Schwazze (SHWX: CSE) would have adequate cash flow if 280e were eliminated.
READ MORE |
NATIONAL AND INTERNATIONAL NEWS |
Tilray Brands Launches Charlotte’s Web™ CBD Gummies in Canada
TORONTO, Oct. 07, 2024 — Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company, announced the launch of new Charlotte’s Web (TSX: CWEB) (OTCQX: CWBHF) CBD gummies in Canada. Designed specifically for daily CBD consumers, Charlotte’s Web CBD Rest Gummies and CBD Life Gummies offer an easy, delicious, and convenient way to incorporate CBD into your wellness routine.
The new gummies are available in a 30-pack bottle with two distinct flavors: Berry & Fruit and Turmeric & Ginger. Each gummy contains 25mg of premium CBD, ensuring a consistent and enjoyable experience.
Crafted in the pristine northern Okanagan Valley of British Columbia, these gummies leverage Charlotte’s Web’s proprietary hemp genetics. They feature full-spectrum CBD hemp extract, meticulously blended with functional herbs and botanical supplements to provide synergistic support for targeted wellness benefits.
READ MORE |
BELOW ARE THE LINKS TO THE DIRECTORY OF FLORIDA CANNABIS DOCTORS AND
DISPENSARIES IN THE STATE OF FLORIDA |
QUALIFIED PATIENTS
OVER 886,000
AND 683 DISPENSING LOCATIONS |
LATEST OMMU REPORTS FROM OFFICE OF MEDICAL MARIJUANA USE IN THE STATE OF FLORIDA Highlights from
OCTOBER 4, 2024 Report BY THE NUMBERS
Qualified Patients: (Active ID Card) OCT 04 2024- 886,063
SEPT 27 2024- 883,503
SEPT 20 2024- 886,915
SEPT 13 2024- 886,825
SEPT 06 2024- 886,232
Pattients Last Week: +2,560 Qualified Ordering Physicians: 2,389
New Doctors Last Week: 6 Reporting Period: SEPT 27 TO OCT 3 2024
Amount of Medical Marijuana Dispensed - (mgs THC) 322,542,231
Amount of Low-THC Cannabis Dispensed - (mgs CBD) 2,876,478
Amount of Marijuana in a From for Smoking (oz) 118,069.776
Approved Dispensing Locations: 683
Added Last Week: 3 COOKIES - PENSACOLA
GREEN GRAGON - COCONUT CREEK PLANET 13 - PROT ORANGESANCTUARY - CLEARWATER |
UPCOMING MEETING AND CONFERENCES |
CANNABIS NEWS FLORIDA READERS CAN RECEIVE A
20% REGISTRATION DISCOUNT BY USING THIS CODE WHEN YOU REGISTER CNF20 |
NEW DATE AND LOCATION ANNOUNCED! November 18, 2024
Donald L. Tucker Civic Center Tallahassee FL
Due to Hurricane Helene The Florida Marijuana Policy Conference, originally scheduled for September 25th, has been rescheduled for November 18th at the Tallahassee Donald L. Tucker Civic Center. We hope you can join us!
2024 will prove to be a monumental year of growth for Florida’s Marijuana program driven by the award of 22 new MMTC licenses, Federal Rescheduling to Class III, SAFE Banking Act, mergers and acquisitions, and most significantly, the potential passage of Amendment 3 - Adult Use Marijuana ballot initiative, which the Florida Legislature will implement when and if it passes. These dramatic events will create the biggest marijuana market in the country.
The conference will host leaders in Florida’s industry, state and federal representatives, experts on the ballot initiative and opportunities to interact with current and newly awarded MMTC licensees. The forum will discuss in depth how these changes will affect the current program, new business opportunities, medical marijuana patients, customers, regulators, and many others. Join us on November 18th in Tallahassee and get the Latest Updates on Key Issues that will change the Industry!
CLICK HERE TO REGISTER |
2024 Florida Cannabis Festival November 2nd and 3rd |
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:
· MMTC PROMOS LISTED IN EACH E-NEWSLETTER
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For further information or to make your ad reservation, please call:561-368-6950 / 954-605-4785 cell charles@cannabisnewsflorida.com
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