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NY State anoints medical-marijuana operators

Submitted by Marijuana News on Fri, 07/31/2015 - 15:29

Medical Marijuana licenses were announced by the Department of Health Friday.

After a cutthroat competition, the five companies that will receive licenses to grow and distribute medical marijuana in New York were announced today by the state Department of Health.

Licenses have been awarded to Bloomfield Industries, Columbia Care NY, Empire State Health Solutions, Etain and PharmaCann.

The leaders of the five winners come from a range of backgrounds:

  • Columbia Care NY is run by former Goldman Sachs employees Nicholas Vita and Michael Abbott, who already have licenses under various names in four states and Washington, D.C.
  • Empire State Health Solutions is headed by a physician, Kyle Kingsley, and is a subsidiary of Vireo Health Solutions, which also has a license in Minnesota.
  • The top executive of PharmaCann, also licensed in Illinois, is Teddy Scott, who has a background in both law and molecular
    • ...
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URL: 
http://www.crainsnewyork.com/article/20150731/HEALTH_CARE/150739966/state-anoints-medical-marijuana-operators

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