Bennabis Health, a New Jersey-based company focused on making medicinal cannabis more affordable and accessible to patients, is teaming up with a dispensary in New Mexico.
Headquartered in Cranford, Bennabis works to fill holes in the health insurance industry with membership programs that offer patients discounts to help lower the out-of-pocket cost of medical cannabis, a treatment not covered by health insurance carriers.
In a Dec. 5 press release, Bennabis announced a partnership with AltaVida Dispensary in Albuquerque that will support medical cannabis users, including those in workers’ compensation cases where cannabis is an alternative medicine for chronic pain.
Launched in 2020, Bennabis said it is the first company to offer a membership program for patients eligible for a medical cannabis card. Along with AltaVida, Bennabis has partnerships with two New Jersey dispensaries: The Botanist (Acreage Holdings) in Atlantic City, Egg Harbor Township and Williamstown, and Harmony Foundation in Secaucus.
Along with a 15% discount at participating network dispensaries, patients who join Bennabis’ membership program receive science-based education and support for medical cannabis, according to the startup.
“This is a tremendously exciting step in the growth of Bennabis Health as a visionary company clearing a path for those who can benefit most from medical cannabis where coverage is not otherwise available,” stated Don Parisi, president of Bennabis Health. “Opening our network in New Mexico with AltaVida helps us progress in our mission to achieve medical cannabis benefits across the country.”