Denmark’s medical hashish pilot program notched one other constructive quarter, however the variety of distinctive shoppers stays nicely under the trial’s peak seen one yr in the past.
The Danish market’s struggles show how companies have to issue market ebbs and flows into their projections, reasonably than relying on constant, perpetual progress.
Within the second quarter of this yr, the variety of distinctive sufferers receiving a prescription for merchandise included within the nation’s pilot scheme was 408, greater than the 341 reported within the previous quarter, based on information lately disclosed by the nation’s official e-health portal.
Docs wrote 1,038 prescriptions for merchandise included within the scheme within the April to June interval, up from the 825 issued throughout the first quarter of the yr.
Because the starting of this yr, solely 4 merchandise have been out there in Denmark beneath the experiment. These embrace:
- Three types of Bedrocan flower imported by Danish distributor Canngros from the Netherlands.
- THC capsules imported into Denmark by Alberta, Canada-based Aurora Hashish.
In the course of the second quarter of 2020, 135 packages of Aurora capsules had been bought to sufferers – every containing 100 items.
About 10 kilograms of flower – 1 kg greater than the earlier quarter – had been bought within the April-June interval.
The income generated at a retail degree by flower gross sales was simply over $255,000, whereas gross sales of Aurora’s capsules had been price virtually $32,000.
The pilot program began in January 2018 and loved fast progress till mid-2019, when about 1,000 sufferers had been receiving 1,800 prescriptions per quarter.
The variety of sufferers sharply declined within the second half of 2019.
The experiment has had 2,550 sufferers to date.
At the least 4 out of 5 sufferers of the pilot program have been older than 40 thus far. Three out of 5 have been girls.
About half the prescriptions had been written to deal with neuropathic ache.
Accounting for all medical hashish merchandise, together with these bought exterior the trial program, whole gross sales throughout the second quarter had been about $2 million.
Contemplating all kinds of merchandise, 5,800 sufferers obtained a prescription for medical hashish at the very least as soon as from January 2018 till June 2020 – most for remoted cannabinoids magistral preparations.