THC Biomed Intl Ltd. (THCBF)

[ghfischeriv]

On Nov. 22, 2016, Veterans Affairs Canada announced a new reimbursement policy for veterans using medical cannabis. While veterans can now be reimbursed for medical cannabis extracts, the daily reimbursement limit dropped from 10 grams to 3 grams.

“We consulted with Veterans, their advocates, stakeholders, medical experts and reviewed existing research on using marijuana for medical purposes and developed a balanced policy,” said The Honourable Kent Hehr, Minister of Veterans Affairs and Associate Minister of National Defence, in a statement.

A recent study by MedReleaf, a medical cannabis producer licensed by Health Canada, found that a dosage of 9.4 grams of medical cannabis per day improved outcomes for patients with post-traumatic stress disorder by 50-60%.

According to Dr. Paul Smith, the study’s head researcher, “There is no one-size-fits-all approach to effective cannabis dosing but I believe that when veterans get VAC coverage for cannabis oils and capsules, we’ll see more veterans turn to this treatment.”

The 3-gram limit goes into effect after May 21, 2017, with a reimbursement rate of up to $8.50 per gram.