Skip to Main Content

WASHINGTON — Medical marijuana companies sell medicine, just like pharmaceutical companies. But they’re not playing by the same rules — and that’s putting patients at risk.

Several of the largest medical marijuana companies, like Trulieve, Curaleaf, and Verano, are advertising their products as treatments not just for muscle aches, but for major medical conditions like cancer and depression, without evidence to back up those claims. Some are dispatching teams of sales reps and patient advocates to talk up the health benefits of their products to doctors, and in some cases, even offering physicians personalized swag or Topgolf parties.

advertisement

Taking a page out of pharma’s playbook is working. Medical marijuana is no longer an experiment reserved just for more liberal states like California and Washington — it’s big businesses in traditionally conservative “Just Say No” states, too. In Florida alone, Trulieve, Curaleaf, and Verano collectively sold over 184,000 pounds worth of the drug last year — enough to supply all 22 million Florida residents seven pre-rolled marijuana joints apiece. As a result, several major medical marijuana companies have amassed billion- or multibillion-dollar valuations.

STAT+ Exclusive Story

STAT+

This article is exclusive to STAT+ subscribers

Unlock this article — plus in-depth analysis, newsletters, premium events, and networking platform access.

Already have an account? Log in

Already have an account? Log in

Monthly

$39

Totals $468 per year

$39/month Get Started

Totals $468 per year

Starter

$30

for 3 months, then $39/month

$30 for 3 months Get Started

Then $39/month

Annual

$399

Save 15%

$399/year Get Started

Save 15%

11+ Users

Custom

Savings start at 25%!

Request A Quote Request A Quote

Savings start at 25%!

2-10 Users

$300

Annually per user

$300/year Get Started

$300 Annually per user

View All Plans

Get unlimited access to award-winning journalism and exclusive events.

Subscribe

STAT encourages you to share your voice. We welcome your commentary, criticism, and expertise on our subscriber-only platform, STAT+ Connect

To submit a correction request, please visit our Contact Us page.