An administrative judge in Florida gave the thumbs-up to a new rule adopted a year ago by state regulators that boosted the biennial license renewal fee for medical marijuana companies in the state by more than twentyfold, to $1.3 million.
Administrative Law Judge William Horgan said the renewal fee “carries out to the letter” a legislative mandate that was supported by Florida Gov. Ron DeSantis, according to the Orlando Weekly.
ADVERTISEMENT
Last year, the governor called for steep fee increases for MMJ companies in Florida, arguing the state should charge licensees and applicants “an arm and a leg.”
Sanctuary Cannabis, a vertically integrated operator with multiple dispensaries in the state, argued in a petition that the fee hike was “an exponential increase” from previous assessments and asked for an administrative hearing with the health department.
The fee increase was more than 22 times the $60,000 biennial fee
Read full article on Marijuana Business Daily