PA medical marijuana growers can sell directly to patients

PA medical marijuana growers can sell directly to patients

HARRISBURG, Pa. – Gov. Josh Shapiro (D) signed a bill into law Thursday that aims to help the state’s small number of independent medical cannabis growers and retailers compete against the major multistate operators (MSOs) dominating Pennsylvania’s multi-billion dollar market.

Ten MSOs including Cresco LabsCuraleaf Holdings, Jushi Holdings, Green Thumb Industries, PharmaCann, TerrAscend, and Trulieve own operational licenses in Pennsylvania, competing against just ten independent grower/processors and a handful of independent dispensaries.

Under the new law, sponsored by seven Republicans and one Democrat, independent medical cannabis cultivators/processors will be allowed to apply for a dispensary permit with up to three retail locations to sell directly to the state’s nearly one million registered patients and caregivers. The new law also opens the door for independent retailers to apply for grow permits and start producing products for in-house sales.

Pennsylvania’s 2016 medical marijuana act stipulated that only five of the state’s twenty-five grower/processor license holders could vertically integrate and sell directly to patients. That meant the other twenty were forced to sell to dispensary middlemen, leading to an MSO monopoly that needed a “targeted corrective,” according to House Health Committee Chair Dan Frankel (D).

Continue reading.

Photo by Budding . on Unsplash

Source:

Share



Hortibiz Newsradio
Tune in!

Hortibiz Newsradio

24/7 news and information

Stay up to date with Hortibiz Daily News.
Subscribe to Hortibiz Daily News!

Stay up to date with Hortibiz Daily News.

Horticultural news, market insights and technology

Career at Holland Hortimedia?
Apply!

Career at
Holland Hortimedia?

Content manager m/f – Sales manager m/f

Ads from tuinbouwmarktplaats.nl

Today on Hortibiz Newsradio, listen back to podcasts!