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New Frontier Data - CannaBit Your weekly cannabis intel brief
April 22, 2018

Medical Cannabis Booming in Canada

  • Marijuana for Trauma has one of the largest networks of cannabis clinics in Canada, representing more than 6% of all Canadian medical patients through the Knalysis software platform.
  • Knalysis data indicates that prescription amounts are slightly higher for men than women.
  • While prescription volumes may be similar, reasons behind prescriptions vary by gender, severity, and in combination.
  • While much of the attention about the Canadian cannabis market is focused on the rollout of its adult-use program, Canada’s medical market remains formidable.
  • Canada’s medical cannabis market is forecast to ring up CAD$1.24 billion (USD$980M) in 2018, increasing to CAD$2.35 billion (USD$1.87B) by 2025.
Canada is fast becoming the world’s leading cannabis market. It has a national legalized medical cannabis program, flourishing medical cannabis importing and exporting programs, and a fully federally legal, adult-use program tentatively set to launch on July 1, 2018. Given all of that activity, the market’s rapid expansion has drawn intense interest from both investors and operators. The escalating activity in Canada raises key questions addressed in this report:
  • Is Canada the market of choice for investment?
  • Total Canadian Domestic Market Demand?
  • Is the Medical Market Still Viable?
  • Canada’s Role as a Global Exporter?
  • Shift in Consumer Product Preferences?
And much, much more….
Be First To Get It Here!

J J McCoyDiagnosing Why Canada’s Medical Market Should Thrive

By J. J. McCoy,
Senior Managing Editor, New Frontier Data
Despite some recent angst about whether there will be a sufficient supply of cannabis to meet the needs of registered medical patients as Canada rolls out its nationwide adult-use program, there is reason for keeping confident about the future of its medical cannabis market...
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There's a fast-growing part of the cannabis industry that doesn't involve pot: a compound known as cannabidiol, or CBD. Some use it for a variety of conditions including anxiety, insomnia, depression and seizures. Unlike THC, one of the other components in marijuana, CBD won't make you high...

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Copyright © 2018 Frontier Financial Group, Inc., dba New Frontier Data, All rights reserved.

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