The medical marijuana market in Florida created nearly 15,000 new jobs in 2020 and employs an estimated 31,444 state residents, in response to a brand new evaluation.
Florida recorded nearly $1.23 billion in marijuana sales in 2020, in response to the report posted by Leafly and Whitney Economics. Florida’s sales had been greater than each state besides California and Colorado, the place marijuana is authorized for adults.
Medical marijuana affected person registrations surged in Florida final 12 months, with 170,000 new sufferers in 2020. According to the state’s Office of Medical Marijuana Use’s (OMMU) Feb. 12 update, 485,693 state residents are “qualified” sufferers who can obtain prescriptions from 2,644 licensed physicians to buy marijuana at 313 dispensaries statewide.
That development is anticipated to proceed, with sales projected to high $6 billion in annual sales by 2030 in Florida.
But Leafly and Whitney Economics stated the state may recoup a far higher profit if it legalized marijuana for adults and/or did away with its cumbersome, and presumably unconstitutional, regulatory scheme.
“With a state population of nearly 22 million, Florida could reasonably double its current total of cannabis jobs if it chose to legalize for all adults,” the report stated. [Read more at The Apopka Voice]