Medical Marijuana Dispensaries Compete for Restricted Retail Space in South Florida | Daily Business Review – Law.com   Recently updated !


Medical marijuana provider Green Thumb Industries Inc., based in Chicago, has a dispensary at 2305 W. Hillsboro Blvd. in Deerfield Beach. Credit: J. Albert Diaz

GTI’s only retail location in South Florida is its Rise dispensary in Deerfield Beach. But it plans to open more, including one at 308 N. Federal Highway in Hallandale Beach. Credit: J. Albert Diaz

A view inside the dispensing room at Rise, or Green Thumb Industries, in Deerfield Beach. Credit: J. Albert Diaz

The lobby at Rise includes a company video streaming on a large screen. Credit: J. Albert Diaz

A photo of a cannabis plant hangs on a wall at Rise medical marijuana dispensary in Deerfield Beach. Credit: J. Albert Diaz

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The Rise dispensary sells its products in two forms, either as vaping devices (left) or oral tinctures (right). Credit: J. Albert Diaz

Oral tinctures on display at Deerfield Beach’s Rise dispensary. Tinctures are one allowed way to consume medical marijuana in Florida. Credit: J. Albert Diaz

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

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