Veriheal Acquires MarijuanaDoctors.com for $3M

Health technology company Veriheal has acquired MarijuanaDoctors.com in a $3 million deal, giving the firm the largest network of physicians in the medical cannabis space and expanding its network of strategic dispensary partnerships.

The revamped site will include secure electronic medical record tools, online appointment scheduling, 24/7 support via live chat and phone, and a larger network of doctors, the company said.

Anthony Dutcher, CMO at Veriheal, said that “the need for medical cannabis has exploded” amid the coronavirus pandemic. A survey by the company last year found during the pandemic, 55% of patients who applied for medical cannabis cards said their main reason for using cannabis was “to feel happy.”

“It is through the legitimizing of medical cannabis at the federal level where we will see profound growth in the medical markets financially, but also for widespread healing.” – Dutcher in a statement

Veriheal noted that the company has experienced 6,000% growth over a 4-year period, adding that it has spent five years building strong, HIPAA-compliant data technology solutions to help medical cannabis patients book appointments with licensed doctors who can certify for medical cannabis cards and wellness visits throughout the U.S.