The LA Times reports legal marijuana could add $5-billion to California’s economy. 

California is on the verge of creating a legal market for marijuana worth more than $5 billion that will help make the state a destination for pot-loving tourists, according to a new state-sponsored economic study.

Californians currently spend $7.7 billion annually on marijuana, most of it on the illegal market, but a new licensing system coming in January is expected to create a vast new legal market..

Source: Legal marijuana could be a $5-billion boon to California’s economy – LA Times

Medical Marijuana Applications Process for Arkansas

Marijuana applications and licenses

The medical marijuana applications process period for Arkansas will open June 30 and go on for 90 days. The commission will distribute 32 dispensary licenses and five cultivation facility licenses.

According to the Associated Press and as published by the Source: Arkansas Decides Process for Medical Marijuana Applications | Arkansas News | US News

US News reported on The Arkansas Democrat-Gazette which describes how the five-member commission developed a detailed application scoring method:

“The commission had decided in earlier meetings that it will grant 32 dispensary licenses and five cultivation facility licenses. The dispensaries will be spread evenly in eight geographic zones across the state.

Half of the 100 total points that are available to potential growers and sellers were in a section devoted to operating marijuana facilities in compliance with laws and rules. It deals with everything from the ability to grow marijuana to security planning.

Other sections are devoted to applicant qualifications, financial disclosure and an operations plan. Applicants also can get up to 10 bonus points for meeting certain optional standards set by the state, including minority-group member ownership, association with a medical doctor or pharmacist, or providing programs beneficial to the community.”

For help in applying for a medical marijuana license, contact us. 

Florida Legislature Back on Path to Passing Medical Marijuana Bill 

Under the agreement, there will be a limit of 25 retail dispensaries per medical marijuana treatment center, which can increase by five for every 100,000 patients added to the registry. The cap would expire on April 1, 2020. The legislation also adds 10 more medical marijuana treatment centers, meaning there would be 17 statewide by October. Four additional centers would be added for every 100,000 patients.

Read more from the Source: Legislature Back on Path to Passing Medical Marijuana Bill | Florida News | US News

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