'DeSantis-Approved Florida Law Bans 'Recreational' Marijuana Ads While Instituting More Industry Worker Restrictions' - Marijuana Moment
Portfolio Pulse from Happy Mohamed
Florida Governor Ron DeSantis has signed a bill that expands medical marijuana advertising and manufacturing restrictions to prohibit any products or messages promoting recreational cannabis use. The law also imposes stricter eligibility requirements for industry workers. The new law could significantly impact the market, especially if an adult-use legalization measure is enacted by voters next year. The law also removes exemptions from employment background screenings for people with certain criminal records, and expands the background screening requirement to include all medical cannabis testing lab employees.

August 08, 2023 | 2:32 pm
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NEGATIVE IMPACT
The new Florida law could impact Aurora Cannabis if it restricts their ability to market products or hire workers in the state.
The new law could restrict Aurora Cannabis' ability to market their products or hire workers in Florida, potentially impacting their operations and revenues in the state.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Canopy Growth Corporation could be affected by the new Florida law if it restricts their ability to market products or hire workers in the state.
The new law could restrict Canopy Growth Corporation's ability to market their products or hire workers in Florida, potentially impacting their operations and revenues in the state.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Cronos Group could be affected by the new Florida law if it restricts their ability to market products or hire workers in the state.
The new law could restrict Cronos Group's ability to market their products or hire workers in Florida, potentially impacting their operations and revenues in the state.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50