Health-related cannabis sales climb in Canada soon after adult-use legalization

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Sales of health-related marijuana oil in Canada rose steadily in the months soon after recreational legalization, bucking a trend noticed in some American states that also ended prohibition in current years.

The volume of health-related cannabis oil sold in Canada’s regulated marketplace rose to almost five,000 kilograms (11,023 pounds) in January compared with the four,400 kilograms shipped to sufferers in October 2018.

Information on the quantity of new sufferers more than the identical period is not however out there.

Sales of dried health-related marijuana in Canada dropped slightly in January to 1,770 kilograms compared with October’s 1,890 kilograms.

Canada legalized recreational cannabis Oct. 17, 2018, but maintains a separate plan for health-related marijuana.

The only way to access legal health-related cannabis in Canada is to get an authorization from a health-related practitioner, then register with a licensed producer and have the solution mailed to the patient.

Some market sources predict Canada’s health-related marijuana sales may well start out to decline soon after adult use commands extra marketplace share.

But that could be years away.

The complete monetary impact of Canada’s recreational marijuana legalization is not anticipated to be felt for some time. The early months have been marked by a smaller quantity of physical shops in most provinces and restricted solution choice.

If Canada’s health-related sales do finish up declining, that would be in line with trends observed in U.S. states that have legalized cannabis for recreational use.

In states such as Nevada and Oregon, the quantity of health-related cannabis sufferers fell in the instant months soon after adult-use legalization.

Colorado, meanwhile, saw steady health-related customers in the two years soon after legalization ahead of seeing a sharp decline thereafter.

Causes for the decline post-legalization differ based on the marketplace, but factors cited contain higher fees for health-related marijuana cards and ease of access to the recreational marketplace.

Matt Lamers can be reached at [email protected]

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