RE:Medical sales keep droppingPeople who are getting it covered through insurance will...
It may have dipped 23% from its all time high, but recreational is up 1007 billion % in that same period. The growth overshadows the decline in a big way.
Plus are you suggesting that companies are going to snub their noses at a a $121 million dollar a quarter market? Thats still $484 million annually, and boasts bigger margins than rec with more barriers to entry.
And you're missing one of the biggest part of those articles.
'He said medical cannabis sales could be revived after licensed producers achieve standardization in manufacturing and complete successful trials in support of clinical outcomes. “What’s really encouraging is that some companies are taking it a step further by looking to get a natural health product license, and at the highest level, a drug establishment license in Canada,” Weisbrod said.
“Health Canada’s GMP is one of the highest standards in the world, demonstrating an ability to manufacture at the highest quality. That’s where the medical (cannabis) patient will end up.”
He noted that “these companies will be able to start to support their products with (health) claims as they go down the study route.”
“Those products are medical,” Weisbrod added. “You’ll see a shift to really distinguish.”'
And like other posters have mentionned. Our medical sales are up... So...
sthinei wrote: Who is going to worry about getting scripts when you can grow your own or go to retaileror pick up phone and get what you need at any time. https://mjbizdaily.com/medical-cannabis-spending-in-canada-hits-5-year-low-in-first-half/