Florida Medical Marijuana Sales Top $155 Million in November, Nearly $1.7 Billion So Far in 2024

Key Points
  • Medical marijuana sales in Florida reached a new high in November, totaling $154.5 million, a 26% increase from the previous month.
  • Dried marijuana flower was the most popular category of purchases, followed by vape pens, edibles, concentrates, tinctures, capsules, and topicals.
  • Florida has around 620 dispensaries serving nearly 900,000 registered patients under the state's medical marijuana program, established in 2016.
  • Despite more than 50% voter support, a ballot initiative to legalize recreational marijuana in Florida failed to reach the 60% supermajority required for approval in November.

This figure, provided by the research firm Headset, represents a 26% increase from the $122.6 million recorded in October. Year-to-date sales have reached approximately $1.67 billion, with March leading the way at $173 million.

Dried marijuana flower remained by far the most popular category of medical marijuana purchases in November, followed by vape pens, edibles, concentrates, tinctures, capsules, and topicals. According to state data, there are currently around 620 dispensaries operating throughout Florida, serving nearly 900,000 registered patients.

Florida’s medical marijuana program was established following the passage of Amendment 2 in 2016, which received over 71% voter approval. The law allows patients with qualifying conditions, such as chronic pain, cancer, epilepsy, and PTSD, to obtain medical marijuana from licensed dispensaries if they have a recommendation from a licensed physician.  Florida’s robust medical marijuana market ranks as the largest in the nation.

Last month, more than 50% of Florida voters supported Amendment 3, a ballot initiative that would have legalized recreational marijuana. However, the measure failed to reach the 60% supermajority required for constitutional amendments. Had it passed, the amendment would have allowed those 21 and older to purchase and possess marijuana without a medical recommendation.

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