It looks like Virginia is all geared up to open its first medical cannabis dispensaries and commence sales soon.
Regulators have already given the initial approval to five companies who are planning to open the first medical cannabis dispensaries in the state. These five companies have been chosen from a mix of Virginia-based entrepreneurs and established players in the cannabis industry.
The Virginia Board of Pharmacy have named the winning applications after more than five hours of private deliberations. The board selected five from a roster of 51 applicants.
The selected companies are expected to open the first authorized medical marijuana growing facilities and dispensaries within a year. The dispensaries, however, will be able to sell only non-psychoactive CBD and THC-A oils to patients who have been registered and who have obtained the necessary paperwork from their doctors.
Now, the winning applicants will be undergoing background checks before their licenses are finalized before the year ends.
The pharmacy board has made sure to approve one applicant for each of Virginia’s five health service areas. This is to ascertain that medical cannabis oils are accessible to patients wherever they live in the state.
The five companies are:
1. Maryland-based Green Leaf Medical, which won the license award for Health Service Area IV. This area encompasses the Richmond region, as well as parts of Southside Virginia.
2.Illinois-based PharmaCann, which won the conditional license for Health Service Area I. This area stretches from Fredericksburg to the Shenandoah Valley and Charlottesville. PharmaCann claims to be one of the largest medical marijuana companies operating in high-regulation states. It will open its facility in an industrial park near Staunton.
3. New York-based Columbia Care, which will cater to the Hampton Roads-anchored Health Service Area III.
4. Darma Pharmaceuticals will service Southwest Virginia.
5. Dalitso LLC is the licensee that will be servicing Northern Virginia.
Darma and Dalitso are new ventures that involve local entrepreneurs who partnered with more experienced out-of-state companies.
It can be recalled that Virginia’s General Assembly has decided to relax the state’s medical cannabis laws after families with children suffering from seizure disorders lobbied lawmakers for better access to cannabis-based oils. These cannabis medications help ease muscle spasms and seizures, as well as relieve and reduce nausea, inflammation, and pain.