The Office of Medical Marijuana Use has made one thing crystal clear regarding their upcoming MMTC application cycle – their application will favor applicants that are as close to operational as possible. This runs the gamut from cultivation all the way through retail stores. If you are relying on non-binding LOI’s, you are giving up points to your competitors.
The OMMU wants to see money in the bank and real estate that has been locked down. This means that organized companies with deep pockets have a significant advantage.
CannDev is working with current MMTC license holders and future applicants. We are actively securing compliant retail locations in many FL markets and have one currently available near Tampa on a road with 55,000 traffic counts. To review this opportunity please click the link at the bottom of this email.
Florida’s annual medical retail sales in 2020 were approximately $1.2 billion between 301 dispensaries. Currently there are over 400 medical dispensaries in Florida, and 123 municipalities have at least 1 dispensary. This market has big potential for increased revenues when it goes recreational.
CannDev is currently working in Florida to identify and secure compliant retail locations in the cities with the most opportunity for strong revenues. We are currently focused on the following markets:
- St. Petersburg
- West Palm Beach
- Ft. Lauderdale
- Ft Mayers
To gain access to our compliant Florida retail deals please click the link below and fill out the form.