GREAT NECK, NY – The North Shore-LIJ Health System, New York State’s largest health system, and the founding partners of Silverpeak Apothecary, an Aspen, CO-based company that built and currently manages one of the nation’s premier cannabis operations, have formed a new corporation to help achieve the goals of New York’s emerging Medical Marijuana program. On Friday morning, the newly formed Silverpeak NY LLC applied to the state Department of Health for licensure as a registered organization to cultivate and dispense marijuana for medicinal purposes.
“As New York’s largest healthcare provider with 19 hospitals and more than 400 outpatient physician practices throughout New York City, Long Island and Westchester County, North Shore-LIJ recognizes the importance of our patients having access to every legal option to manage the symptoms of their illness, if there is clinical evidence to support marijuana's use for the condition,” said Michael J. Dowling, the health system’s president and chief executive officer. “If we receive state approval to move forward, we are confident in our ability to administer and dispense medical marijuana, in compliance with state guidelines. “
Through its participation in Silverpeak NY LLC, North Shore-LIJ has enlisted the support of scientists at its Feinstein Institute for Medical Research to develop a comprehensive research approach, with the goal of meaningfully advancing the science behind medical marijuana. The research program will offer a detailed strategy for testing and, as supported by scientific evidence, integrating marijuana and oral cannabis extracts into medical practice.
The ability to conduct trials on medical marijuana for reducing the symptoms of multiple diseases aligns with the Feinstein Institute’s existing research efforts in areas such as schizophrenia, bipolar disorder, substance abuse, chronic pain, epilepsy, movement disorders and other neurologic conditions, Alzheimer’s disease, Crohn’s, lupus and other autoimmune diseases, leukemia and other cancers.
Founded in 2009, Silverpeak Apothecary was one of the first medical dispensaries in Colorado. Its founding team was selected to partner with North Shore-LIJ after an exhaustive nationwide search. “We selected our partner with great confidence,” Mr. Dowling added. “We believe our two organizations can leverage our collective strengths to establish a program that will enable us to develop strict quality control measures, dispensaries and create a delivery model that will benefit patients.”
“We are extraordinarily proud to be part of such a groundbreaking partnership,” said Jordan Lewis, CEO of Silverpeak Apothecary. “North Shore-LIJ’s commitment to patient care, as well as their ongoing efforts to explore new frontiers in medicine is remarkable. The extraordinary vision of their leadership and world-class clinical and research talent will provide a framework in which data driven cannabis therapeutics can thrive. Silverpeak NY is a partnership that will benefit the patients of New York profoundly.”
About North Shore-LIJ Health System
One of the nation's largest health systems, North Shore-LIJ delivers world-class clinical care throughout the New York metropolitan area, pioneering research at The Feinstein Institute for Medical Research, a visionary approach to medical education highlighted by the Hofstra North Shore-LIJ School of Medicine, and healthcare coverage to individuals, families and businesses through the CareConnect Insurance Co. Inc. North Shore-LIJ cares for people at every stage of life at 19 hospitals and more than 400 outpatient physician practices throughout the region. North Shore-LIJ’s owned hospitals and long-term care facilities house more than 6,400 beds, employ nearly 13,000 nurses and have affiliations with about 10,000 physicians. With a workforce of about 54,000, North Shore-LIJ is the largest private employer in New York State. For more information, go to www.northshorelij.com.
Silverpeak Apothecary, established by Dr. Jordan Lewis in 2009, is a pioneer of medical cannabis in Colorado. The Silverpeak team has unique insight and knowledge of the medicinal, agricultural and operational aspects of the cannabis industry. The company recently completed development of High Valley Farms, a world class controlled environment agricultural facility, which has been widely recognized as the Gold Standard in sustainable cannabis production worldwide.