NEW YORK, NY — The New York State Department of Health (DOH) on Friday announced the five companies that have been awarded the coveted licenses to grow and dispense medical marijuana in New York.
The announcement came after a competitive bidding process through which forty-three industry groups contended for the five licenses.
The five companies awarded licences are PharmaCann LLC; Empire State Health Solutions LLC; Columbia Care NY LLC; Etain, LLC; and Bloomfield Industries Inc.
Each producer is restricted to opening only four dispensaries each, they will only be allowed to produce five strains or brands of medical marijuana, and all products must be in pill, oil or tincture form.
The price of the medicine will be set by the Commissioner of Health.
DOH has said that New York’s medical…