Some facts and figures on medical marijuana, subject to new rules Tuesday | iNFOnews | Thompson-Okanagan's News Source
Subscribe

Would you like to subscribe to our newsletter?

Current Conditions Clear  7.1°C

Some facts and figures on medical marijuana, subject to new rules Tuesday

Marijuana plant strains are held in jars as MediJean lab manager Abdul Ahad works in the research and tissue culture development lab at the medical marijuana facility in Richmond, on March 21, 2014. THE CANADIAN PRESS/Darryl Dyck

OTTAWA - Facts and figures on medical marijuana in Canada, which is subject to new rules on Tuesday that require patients to acquire their pot from government-approved producers rather than home-grown supplies. (A temporary Federal Court injunction has delayed full implementation of the new regime until a legal hearing.)

Number of authorizations to possess under the old rules: 37,800

Patients authorized to grow for themselves: 25,000

People designated to grow for someone else: 3,900

Estimated number of home-grown plants under the old system: 3.3 million

Price of dried marijuana, per gram, when purchased directly from Health Canada under the old rules: $5

Number of commercial producers currently licensed under the new regime: 12

Number of applications to Health Canada, as of early February, to become a licensed producer: 454, with about 25 new applications coming in each week

Expected price of dried marijuana, per gram, under the new rules: Varies among producers and their individual products, but expected to average about $8 initially.

Projected total additional cost to all approved patients as a result of the new system: $166 million a year for 10 years

Projection of number of medical marijuana patients by 2024: Up to 450,000

Sales projections for the new industry by 2024: $1.3 billion a year.

(Source: Health Canada)

News from © The Canadian Press, 2014
The Canadian Press

  • Popular penticton News
View Site in: Desktop | Mobile