Canada Seeks to Cap the Amount and Price of Medical Marijuana Given to Veterans

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Canada Seeks to Cap the Amount and Price of Medical Marijuana Given to VeteransVeteran Affairs Canada is currently mulling proposal to limit its medical marijuana program, capping the amount of grams that retired military personnel will receive and the amount of money the government will pay.

The proposal is aimed at ensuring that expenses for maintaining the mushrooming program won’t spiral out of control. It is also intends to address the concerns over the safety and efficacy of using medical marijuana. Veteran Affairs Canada is the only publicly-funded body that pays for medical marijuana.

It allows veterans with a physician’s recommendation to access the government benefits that cover all if not most of the expenses. The program has seen the number of veterans and the costs increased nearly four times. Last year, 121 veterans were enrolled in the program, which cost $353,000, reported the Ottawa Citizen.

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According to Mike Blais, who founded Canadian Veterans Advocacy, more and more veterans are seeking medical marijuana to treat post-traumatic stress disorder and physical pain. The main bone of contention is the fact that more veterans are requesting for daily dosage that is way past what the department deems as safe. While most of the requests were for 5 grams per day, the department registered 22 requests for 10 grams per day or more between April and June.

Health Canada altered the rules for using medical marijuana in April, giving physicians the responsibility of approving the drug prescriptions. The new law also requires patients to buy the drug from license growers.

The department intends to cap the maximum daily dosage at 5 grams per day at a maximum price of $9 per gram. Currently, Health Canada gives qualified veterans marijuana at a set price of $5 per gram. To register for a free 2-week subscription to ForexMinute Premium Plan, visit www.forexminute.com/newsletter.

To contact the reporter of this story; Jonathan Millet at john@forexminute.com