Medical Marijuana in Canada: Getting in on the Ground Floor

Due to the new MMPR program, medical marijuana has dominated headlines in Canada. Previously, patients had three options: grow their own marijuana, buy it from Health Canada or designate a third party to grow it for them. The new regulations mean marijuana has moved to the free market and will be grown by licensed commercial producers and sold directly to patients. Now is the time for producers to get in on the action.

Patients will have an easier time accessing medical marijuana in Canada. However, once they receive a prescription and choose a distributor, they can’t change the producer they buy marijuana from until they visit their doctor again. This is why Lea Prevel Katasanis, a marketing professor at Concordia University, said in an interview, “It’s the ones who get the patients first who are going to be the winners. It’s very a much a first-mover market.”

The speed of market growth is evidenced by the fact the MMPR was instated April 1 and already more than 800 producer applications have been submitted to Health Canada. Mondaq reported Health Canada estimates by 2024 medical marijuana sales will reach $1.3 billion and the demand will increase ten-fold.

In spite of the mad dash to obtain a license, only 13 commercial medical marijuana producers have been authorized and a slew of applications have been sent back after being deemed incomplete. Therefore, if you’re interested in obtaining a BC medical marijuana license, it’s essential to know the requirements and accurately complete your application, including the detailed security proposal.

Alpha Integrated of Surrey offers security systems for BC medical marijuana producers. We are knowledgeable about the MMPR security regulations and have high-tech solutions to meet the requirements set forth by Health Canada. By seeking our professional advice and relying on our security expertise, we can help you streamline the process by ensuring you fulfill all of the security conditions. Contact Alpha Integrated today for a free consultation.