Danish and worldwide corporations are opening their wallets to make Denmark a cultivation and analysis hub in Europe, placing the nation in direct competitors with decrease-value jurisdictions corresponding to Israel, Greece, Malta and Portugal.
And with the primary yr of Denmark’s medical hashish trial program in the books, business sources say the nation is heading in the right direction.
Patient numbers rose from 411 prescriptions for 227 sufferers in the primary quarter of 2018 to 1,329 prescriptions for 765 sufferers in the fourth quarter.
Locally produced medical hashish reaching shoppers for the primary time late this summer time would assist enhance these quantity dramatically. Exports would begin quickly after.
But extra must be accomplished to broaden entry, decrease costs and deliver on board the Danish Medical Association, which has not been supportive of the business thus far.
As CEO of Cannabis Denmark, a nongovernmental group, Rikke Jakobsen is main the cost.
Marijuana Business Daily caught up with Jakobsen to debate the medical marijuana business in Denmark and its international ambitions.
Now that the primary yr of the medical hashish pilot challenge is full, what’s your evaluation of the affected person knowledge?
Despite the Danish Medical Association’s warnings, we had an excellent begin.
I’m additionally stunned that so many sufferers are getting medical hashish now. …
Patients in Denmark usually are not used to dried flower, and docs need extra correct dosing than vaporizing, in order that explains the leap (in affected person numbers) after Stenocare’s hashish oil product was launched (in September).
Does the info exhibit that the Danish medical hashish system is working?
Yes, completely. The entire basis for the pilot program put the matter between the affected person and the physician.
We also can see from the info that plenty of the prescriptions are for illnesses that aren’t a part of the issues really helpful by the Danish Medical Agency.
1 / 4 of the 960 prescriptions are and not using a named illness.
The entire worth chain from prescription to the affected person accumulating the medical hashish at an area pharmacy inside two days has labored splendidly from Day One.
On the idea of hostile response stories acquired in 2018, the Danish Medicines Agency has not recognized a single security drawback with hashish finish-use merchandise.
Can you give a few examples of issues that want to enhance?
It all the time comes right down to the schooling of well being-care professionals.
Other points are driving (cars) and value.
Even although we’re fortunate in Denmark to get automated reimbursement as much as 10,000 Danish krone ($1,500) a yr, the price of medical hashish continues to be a problem.
Cost is a worldwide situation for all sufferers when their very own nation doesn’t have home cultivation.
I sit up for our first home cultivation and export so costs might lower – not simply in Denmark however to the profit for all sufferers in Europe.
Right now, the police are complying with the Danish Agency for Patient Safety, which doesn’t advocate driving whereas a affected person has a medical hashish prescription.
That means a number of potential sufferers keep away from medical hashish.
Can you spotlight some alternatives for worldwide companies in the Danish medical hashish provide chain?
There’s nonetheless room for investing in the first sector – cultivation.
Also, given shut cooperation in Denmark with the necessary life sciences sector, there’s a nice alternative for buyers to concentrate on the pharma aspect of the medical hashish business to faucet the good prospects that medical hashish has in all medicinal instructions.
So, there’s loads of alternatives in the entire worth chain proper now, however (particularly) to assume out of the field in phrases of analysis and improvement over the subsequent 10-20 years.
Because we have now such properly-established cooperation between sectors and a properly-organized state system, many corporations use Denmark as a “pilot country” to develop new companies.
What are the subsequent milestones for the Danish medical marijuana business?
The first Danish-cultivated hashish on our cabinets and export – I’ll drink champagne that day.
The subsequent milestone, which can also be my private ambition, is the institution of a cannabinoid middle like Technion (Israel Institute of Technology) beneath Dedi Meiri – a middle for analysis into cannabinoids and terpenes in cooperation with business.
The solely strategy to transfer ahead on a critical street to life science is by way of analysis into exactly which cannabinoids and terpenes work for particular circumstances.
In Denmark, we have now all of the alternatives we have to take this step due to a streamlined Social Security system, so it’s attainable to gather all types of knowledge.
What medical hashish merchandise are allowed in Denmark?
Regarding consumption, there’s not likely a restrict – solely you could’t inject cannabinoids nor smoke it as a joint.
(Sales of dried flower are allowed, however prescription of dried flower is just for vaporizing and tea.)
In phrases of the way it’s cultivated, there’ll be stricter laws for imported hashish when Danish hashish is prepared on the market and export.
At that point, imported hashish should, kind of, stay as much as the identical strict laws as Danish-cultivated hashish. For instance, imports should be cultivated with out the use of pesticides of any sort.
There’s no regulation limiting the amount of THC and CBD in merchandise.
Matt Lamers may be reached at [email protected]