In November, voters in the Sunshine State will decide if Florida will become the 25th state to legalize adult-use cannabis. But what will Amendment 3 mean for cannabis in Florida and what hurdles has the legalization campaign faced?
In early May, cannabis professionals across the industry rejoiced at reports that the Drug Enforcement Administration (DEA) will reclassify cannabis to Schedule III.
Nineteen of the top 20 largest publicly traded cannabis companies in the U.S. lost a combined $2.3 billion in 2023 and only one turned a profit, Green Market Report wrote this week.
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