Industry

Florida Multistate Operators Expanding

Several multi-state operators (MSOs) were expanding their operations in Florida’s medical marijuana market, which is one of the fastest-growing cannabis markets in the United States.

Trulieve Cannabis Corp. is one example. Based in Florida, Trulieve had the largest number of dispensaries in the state and was continually expanding its footprint both within Florida and in other states.

Other MSOs like Curaleaf Holdings, Inc., Liberty Health Sciences, and Surterra Wellness (now Parallel) have also shown significant presence and continued growth in Florida.

These expansions have been driven by Florida’s large population and the growth of its medical marijuana program. The state has one of the highest counts of registered patients in the country.

However, it’s worth noting that at the time of the last update, Florida only allowed medical marijuana use. Full legalization of marijuana could further drive growth and expansion in the state, and there have been ongoing efforts to push for this legalization.

Delta-8 Products Mislabeled due to being Unregulated

Delta-8 THC is a compound found in cannabis that’s similar to the more commonly known delta-9 THC, but typically produces milder psychoactive effects.

There have been concerns about the accuracy of labeling on delta-8 THC products. A product might be labeled as containing a certain amount of delta-8 THC, but without strict regulatory oversight and third-party testing, there’s no guarantee that the product actually contains the amount listed. In some cases, products might contain more delta-9 THC than is legally allowed, potentially leading to stronger psychoactive effects than a user might expect.

Furthermore, because the extraction process for delta-8 THC often involves converting CBD into delta-8 THC using chemicals, there’s also a risk that products could contain residual chemicals if not properly purified.

This lack of regulation and potential for mislabeling underscores the importance of caution when considering the use of delta-8 THC products. It’s always a good idea to buy from reputable sources and look for products that have been third-party tested. And, as always, consult with a doctor before starting any new supplement regimen, including products containing delta-8 THC.

It’s also important to note that the legal status of delta-8 THC can vary depending on the state. It’s important to check your local laws and regulations as the regulatory landscape for these products can change rapidly.