Market Overview

Decline In Medical Cannabis Patient Participation

Share:
Decline In Medical Cannabis Patient Participation

 

In the most mature adult-use cannabis markets with medical cannabis programs (i.e., Colorado and Oregon), patient-saturation rates fell significantly once adult-use sales began.

  • With long lags between legalizing medical cannabis programs and adult-use sales, both Colorado and Oregon saw patient saturation rise to 2%.
  • Massachusetts, Nevada, and Vermont had significantly shorter time frames between legalizing medical programs and adult-use sales, resulting in peak patient-participation rates roughly half of Colorado's or Oregon's.
  • Unique regulatory structures for medical and adult-use cannabis sales meant different degrees of incentives for registered patients to remain in medical programs.
  • Variables may include: tax rates (and prices), costs of medical card renewals and doctor's visits, product availability across markets, and purchase/possession limits.

The post Decline in Medical Cannabis Patient Participation appeared first on New Frontier Data.

Image Sourced From Pixabay

Posted-In: cannabis industry medical marijuana New Frontier DataCannabis News Markets General

 

Related Articles

View Comments and Join the Discussion!

Cannabis Movers

Sign up for our secret cannabis newsletter!
Never miss out on the breaking news in the Cannabis Industry!

Q&A: Innovative Industrial Properties CEO Paul Smithers

Short Of Federal Reform, Medical Cannabis Patients And Investors Need To Think Long To Remain Healthy In Patchwork Markets