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Home 🌿 Medical Cannabis News 🌿 Minnesota medical marijuana manufacturer hopes new plant will push down prices 🌿Minnesota medical marijuana manufacturer hopes new plant will push down prices
A Minnesota medical marijuana company has developed a potent new strain it hopes will help patients, and help drive down prices.
Minnesota Medical Solutions announced Wednesday that it has bred a new strain of cannabis that is rich in cannabidiol, or CBD — a nonintoxicating compound used to treat seizures and inflammation. Because CBD is found in lower ratios in most marijuana varieties, the company hopes its new high-CBD strain will make its products easier and cheaper to refine.
“This is potentially a huge cost saver,” said Dr. Kyle Kingsley, CEO of MinnMed and its parent company, Vireo Health.
Minnesota’s medical cannabis program has struggled with high prices and sluggish enrollment since it launched on July 1. That could start to change next summer, when the state expands the program to pain patients. But in the meantime, high-CBD oils and tinctures are some of the most expensive treatments sold at...
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