Florida Marijuana Group Unveils Revamped Legalization Plan for 2026

The proponents of Florida’s failed recreational marijuana measure have unveiled a revised constitutional amendment for 2026, with support from the state’s largest medical-marijuana provider, Trulieve.

The new proposal, filed Tuesday with the state Division of Elections, explicitly prohibits smoking and vaping in public, and bans “marketing and packaging attractive to children.” The measure reduces possession limits from three to two ounces for adults over 21 and allows lawmakers to legalize home growing for personal use.

Trulieve, which invested $144 million in the previous campaign, supported the initiative that secured approximately 56% of votes, short of Florida’s required 60% threshold for constitutional amendments.

Read: Trulieve Has Spent $141M On Push For Florida Marijuana Amendment

The revised text requires lawmakers to license new “Marijuana Entities,” potentially opening the market to new companies beyond existing medical-marijuana facilities, addressing criticism that the original proposal would have concentrated market control.

Governor Ron DeSantis has called a special legislative session for Jan. 27, urging lawmakers to change laws regarding the gathering and submitting of petitions necessary to get proposals on the ballot.

Florida’s medical marijuana program, legalized in 2016 after failing in 2014, continues expanding. Health regulators are poised to nearly double the current 27 licensed companies, according to the News Service of Florida.

Also read: Trulieve’s Q3 2024 Loss Jumps 137% Amid Push for Florida Legalization 

The state’s restrictive ballot initiative requirements typically limit such campaigns to well-funded organizations. Trulieve currently sells more than a third of Florida’s medical marijuana.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. If a plan was developed to help with emergency funds for home owners dealing with damage from hurricanes with a portion of the taxes made from the sales of marijuana. Which could help with reducing home insurance. A lot more people will get on board with legalizing it.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Expands New Discovery Following Trenching

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

Related News

Senator Elizabeth Warren Once Again Calls On The DEA To Deschedule Marijuana

Senator Elizabeth Warren, a Democrat from Massachusetts, recently made an appearance on former Obama speechwriter...

Wednesday, February 21, 2024, 07:39:33 AM

Trulieve Settles With OSHA After Employee’s Death From Inhaling Cannabis Dust

Trulieve Cannabis (CSE: TRUL) has settled with the Department of Labor’s Occupational Safety and Health...

Thursday, December 22, 2022, 08:24:55 AM

Trulieve Cannabis To Acquire Harvest Health For $2.1 Billion

Consolidation among US based multi state operators has officially begun. Trulieve Cannabis (CSE: TRUL) this...

Monday, May 10, 2021, 07:20:31 AM

Trump Expected to Sign Order Reclassifying Marijuana as Schedule III Drug

President Donald Trump plans to sign an executive order Thursday reclassifying marijuana from a Schedule...

Wednesday, December 17, 2025, 02:13:00 PM

Florida Senate Passes Bill That Bans Social Media Use For Minors

Florida legislators are closer to keeping minors away from social media. With a bi-partisan vote...

Friday, February 23, 2024, 12:56:00 PM