Virginia selects 5 Firms to dispense Medical Marijuana
Posted by Sagar Satapathy on September 26, 2018.
As many as five companies have been selected in Virginia Tuesday to dispense medical marijuana in the Commonwealth.
The Virginia Board of Pharmacy named the five winning applications after private discussions that lasted more than five hours.
The conditional awardees include Maryland-based Green Leaf Medical, Illinois-based PharmaCann and New York-based Columbia Care. The other two licenses were awarded to newer ventures from Virginia entrepreneurs partnering with out-of-state partners: Dharma Pharmaceuticals and Dalitso LLC.
The Virginia Board of Pharmacy said that the companies will open state's first authorized marijuana-growing facilities within a year. However, they are only allowed to sell non-psychoactive oil to approved patients.
Total 51 companies had filed their applications each of which required a $10,000 filing fee.
The General Assembly had in 2016 and 2017 passed several bills to expand its medical marijuana use laws to allow in-state production, sale and dispensing of medical cannabis oil or THC-A to alleviate symptoms of any diagnosed condition or disease for patient use.
In March this year, the lawmakers also expanded marijuana medical use to include “any diagnosed condition or disease determined by the practitioner to benefit from such use.
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