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Fierce competition for medical marijuana licenses

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Submitted by Marijuana News on Thu, 07/30/2015 - 10:26

Of 43 applicants, only five will receive licenses to grow and dispense medical marijuana in New York state.

The winners were initially expected to be announced in mid-July by the state Department of Health and now are expected to be named July 31.

Maybe the waiting got to be too much.

Nature abhors a vacuum, with no news from the Health Department and little public information about the applicants, no wonder that innuendo filled the void.

Over the past few weeks, various publications across the state have run stories about some of the applicants, portraying the quest for a license as a cutthroat business. There is money to be made -- the Washington Post reported that in 2014, Colorado retailers sold $386 million worth of marijuana.

And medical marijuana can reshape how we view treatment for chronic conditions.

The Albany Times-Union wrote about legal troubles of several companies and the New...

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URL: 
http://www.democratandchronicle.com/story/news/local/blogs/watchdog/2015/07/30/fierce-competition--medical-marijuana-licenses/30875675/

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