State green-lights LI med-marijuana dispensaries

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In May, the department said it was preparing to issue new licenses within a month, giving conditional approval to the five companies that were formally approved Tuesday.

Minnesota regulators this year tightened state oversight of medical marijuana growers by adding a broader menu of sanctions and fines for violations and requiring that companies use "seed to sale" tracking software to monitor the whereabouts of their products.

The five new companies that have been licensed are Citify Medical; Ferrell Pharmaceuticals; New York Canna (a/a/a Torridly New York); Palliated NY and Valley Agriceuticals.

As Fiorella co-CEO Eric Sirota told reporters, "what distinguishes us from the other companies in the market is that all of our facilities will be located in medical buildings, in academic medical settings".

Long Island will get four new medical marijuana dispensaries as part of New York's effort to double the program, state officials announced Tuesday.

One of the new companies is Fiorello Pharmaceuticals.

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But the state recently made a decision to authorize five more medical marijuana companies to improve access to the drug and drum up more competition. One of those companies, Citiva Medical, will reportedly open a dispensary in Chemung County.

"The addition of these registered organizations will make it easier for patients across the state to obtain medical marijuana, improve the affordability of medical marijuana products through the introduction of new competition, and increase the variety of medical marijuana products available to patients", said state Health Commissioner Dr. Howard Zucker in a statement. The firm's dispensaries will be located in Monroe, Nassau, New York and Saratoga counties.

Valley Agriceuticals, which will manufacture in Orange County and operate dispensaries in Suffolk, Oneida and Dutchess counties, as well as Brooklyn.

Although the demand is not very high, NY continues to grow its number of suppliers for medical marijuana.

The two now serve an active registry of more than 6,000 patients with conditions such as glaucoma, cancer and intractable pain - and are expected to see more patients starting August 1, when post-traumatic stress disorder is added as a qualifying condition for Minnesota's program.

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