Medical marijuana business no gold rush
Licensed growers and would-be growers dial back expectations as illegal dispensaries and home growers continue to flourish
The gold rush excitement created by Health Canada licensing medical marijuana businesses appears to be cooling, in part because of B.C.’s illegal dispensaries and pot users who are challenging federal government rules in court.
As of March, 25 commercial operators in Canada — six in B.C. — have been authorized by Health Canada to produce or sell marijuana grown under strict conditions and mailed to clients with doctor’s prescriptions.
Ottawa, which drastically changed the rules for getting medical pot when it banned patients in 2014 from growing their own bud, has rejected 901 business applications. Another 324 are being reviewed for things like security clearance and pre-licensing inspections. More than one-third of those under-review applications, or 116 of them, are from B.C.-based companies. Health Canada says it will not update the
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