Georgia Pharmacies To Sell Medical Marijuana? New Regulation Up For Discussion
Portfolio Pulse from Jelena Martinovic
The Georgia Board of Pharmacy is discussing proposals to allow independent pharmacies to sell medical cannabis products, excluding chains like CVS or Walgreens. The state's two licensed producers, Botanical Sciences LLC and Trulieve Cannabis Corp. (OTCQX:TCNNF), would supply the products.
May 31, 2023 | 3:20 pm
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Trulieve Cannabis Corp. (OTCQX:TCNNF) may see increased demand for its products if Georgia allows independent pharmacies to sell medical cannabis.
If the Georgia Board of Pharmacy approves the proposal, independent pharmacies would be allowed to sell medical cannabis products, which would be supplied by Trulieve Cannabis Corp. and Botanical Sciences LLC. This would increase the demand for Trulieve's products, potentially leading to higher revenues and a positive impact on its stock price.
CONFIDENCE 85
IMPORTANCE 70
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