Medical Marijuana Dispensaries Compete for Restricted Retail Space in South Florida | Daily Business Review

April 15th, 2019 by admin Leave a reply »

Medical Marijuana Dispensary

Medical Marijuana Dispensary

Medical Marijuana Dispensary

Medical Marijuana Dispensary

Medical Marijuana Dispensary

Medical Marijuana Dispensary

Medical Marijuana Dispensary

At least one type of retail tenant is in expansion mode in Florida — yet it’s facing hurdles setting up shop.

Medical marijuana dispensaries are pushing to open across South Florida but are limited in their options for new locations by local regulations and an almost-blanket inability to open in mortgaged buildings, attorneys and brokers working with dispensaries and landlords said.

This has left the 14 licensed medical marijuana operations in Florida — which under state law are required to do everything from grow to package and sell — tussling over the available sites.

“There’s definitely a great deal of competition,” said Joshua Leavitt, Florida market president for Chicago-based Green Thumb Industries, which has a Deerfield Beach dispensary and plans another four in the region. “That’s why we spend a lot of time finding the right spots. There’s 13 other license holders

Article source: https://www.law.com/dailybusinessreview/2019/04/15/medical-marijuana-dispensaries-compete-for-restricted-retail-space-in-south-florida/

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