15 January 2025
Florida's Smart & Safe Florida committee has filed a revised constitutional amendment aiming to legalize recreational marijuana by the 2026 ballot, addressing criticisms from its failed 2024 attempt and Governor Ron DeSantis' concerns. The proposal also establishes a framework for granting additional business licenses beyond the state's existing medical marijuana market.
Key Updates:
- New Business Licenses: The amendment mandates legislation to create licenses for non-medical marijuana entities, moving away from Florida's current "vertical integration" model.
- Market Expansion: The proposal could foster a wholesale cannabis market, increasing product diversity and competition.
- Possession Limits: Adults would be allowed up to two ounces of marijuana, slightly less than in the prior version.
- Home-Growing Option: The measure clarifies that the legislature can regulate home cultivation, a point not addressed in 2024
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