While much of the marijuana news has focused on potential federal interference with legalized marijuana and California joining the ranks of legal recreational marijuana states, Florida has started what should become a mammoth medical marijuana business.
Projections vary on the size of the Florida market for medical marijuana but the consensus estimate is that it will exceed $1 billion by 2020.
Sales started this year and business has rapidly expanded across the state. A list kept by the state shows that more than 1,200 doctors have been authorized to prescribe medical marijuana. When voters approved legalized medical marijuana in November 2016, that number stood at fewer than 300. The state Office of Medical Marijuana is granting licenses to doctors at the rate of about 20 per day.
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