No, $25M is the open market price for a license charges a company to pick up a license. Looks like someone sold a license for much more (0). Only 22 licenses fo

No, $25M is the open market price for a license charges a company to pick up a license. Looks like someone sold a license for much more (0). Only 22 licenses for companies in Florida have been granted (1). In Florida, companies have to vertically integrate their whole supplychain and not mix with any other cannabis company. It takes opening like 50 dispensaries under a license to break even. Florida sells $1.2B of cannabis a year & $500M in acquisitions were completed in Florida last year. (0) https://www.tampabay.com/florida-politics/buzz/2019/10/15/for-sale-two-florida-medical-marijuana-licenses-cost-95-million/ https://www.tampabay.com/florida-politics/buzz/2019/10/15/fo... (1) https://mjbizdaily.com/florida-medical-marijuana-operators-benefit-from-state-court-decision/ https://mjbizdaily.com/florida-medical-marijuana-operators-b... (2) https://mjbizdaily.com/cannabis-msos-on-buying-spree-in-florida-in-bid-to-take-on-trulieve/#:~:text=But%20with%20Florida's%20market%20now,cannabis%20law%20firm%20Vicente%20Sederberg https://mjbizdaily.com/cannabis-msos-on-buying-spree-in-flor....