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Minn. Medical Marijuana Company Announces Price Cuts

MINNEAPOLIS (WCCO) -- One of the two companies producing medical marijuana in Minnesota says they are cutting their prices.

Minnesota Medical Solutions, aka MinnMed, announced Monday that some of their products will be 8-percent to 51-percent cheaper, including vaporizers, cannabis oils and capsules.

MinnMed reported a $3 million loss last year during the state program's first year. LeafLine Labs recorded a loss of $2.2 million.

Minnesota's medical marijuana program is the most restrictive in the Unites States, although state health officials announced earlier this month that people suffering from post-traumatic stress disorder can join the program next summer.

Click here for more information about MinnMed's price reduction.

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