Florida patients with serious conditions like post-traumatic stress disorder are increasingly opting for medical cannabis over opioids, the CEO of the state's first and largest fully licensed medical marijuana company told CNBC on Monday.
"We're seeing a huge transition," Kim Rivers, the CEO of Trulieve, told "Mad Money" host Jim Cramer in an exclusive interview. "That's actually one of our initiatives in front of the [Florida state] legislature this upcoming session, to introduce policies to say instead of only having opioids as an alternative, why not medical cannabis?"
With over 80,000 patients and 17 retail locations in the state of Florida, Trulieve offers 90 cannabis-based products that help treat a series of conditions including seizure conditions, cancer and AIDS. A bulk of Trulieve's patients also suffer from PTSD given Florida's large veteran population, Rivers said.
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