Tennessee To Receive Over $600 Million In Opioid Agreement

Attorney General Herbert H. Slatery III has announced the final approval of the $26 billion opioid agreement with the nation’s three major pharmaceutical distributors – Cardinal, McKesson, and AmerisourceBergen – and Johnson & Johnson. In Tennessee, more than 150 local governments have joined the settlements, including every county and all cities with populations of 25,000 or more. As a result, Tennessee will receive its full share of over $600 million over 18 years.  The defendants will start releasing funds to a national administrator on April 2, 2022. Money will start flowing to state and local governments in the second quarter of 2022.