Health Care

Five new registered medical marijuana organization added to state's medical marijuana program

Five new registered medical marijuana organization added to state's medical marijuana program”

Prescription strength: New York State has licensed five new medical marijuana companies to open dispensaries, including as many as four on Long Island.

New York State is expanding its medical marijuana program with five new registered organizations that will operate dispensing facilities in various counties across the state.

The fifth new registered organization, NYC-based cannabis oil specialist Citiva Medical, will steer clear of Long Island, manufacturing in Orange County and operating dispensing facilities in Dutchess, Chemung, Kings and Richmond counties.

But when the state Department of Health announced its first round of licenses, Citiva Medical wasn't one of the awardees. The company scrapped its plans to open a Seneca County manufacturing plant.

New York Canna (doing business as Terradiol New York), which will manufacture in Syracuse and operate dispensaries in Suffolk, Queens and Orange counties, and the Buffalo area.

As of Tuesday, 25,736 patients were registered for the program. The number of participating patients has increased by 72 percent since late March.

More news: Incyte Corporation (NASDAQ:INCY) Posts Earnings Results, Misses Expectations By $0.01 EPS

The announcement comes as the five current "registered organizations", as they are known, were due for renewal of their licenses, which are good for two years at a time.

As of Tuesday, there are 25,736 registered patients in the medical marijuana program in NY - a more than 10,000-person increase since March when chronic pain was added to the list of treatable conditions, the Health Department said.

The increased number of patients coincides with the addition of chronic pain as a qualifying condition.

The lawsuit, which is still pending, argued that adding more companies without legislative approval would harm the medical marijuana program and overstep the Health Department'as authority.

Fiorello Pharmaceuticals will manufacture in Schenectady County and have dispensing facilities in Monroe, Saratoga, New York and Nassau Counties. The company's dispensaries will be located in Dutchess, Kings, Oneida and Suffolk counties.

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