http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php http://marijuanastocks.com/category/tags/Canada http://www.huffingtonpost.ca/2014/03/31/medical-marijuana-mining-penny-stocks_n_5062688.html http://wallstcheatsheet.com/stocks/4-stocks-winning-canadas-medical-marijuana-market.html/?a=viewall http://www.nasdaq.com/article/7-companies-capitalizing-on-canadian-cannabis-cm322295 Since Health Canada started issuing medical marijuana in 2001, the number of users has grown exponentially from 500 to over 37,000 today. Health Canada forecasts that the number will increase to as many as 450,000 by 2024. This rapid growth is one of the reasons behind the program’s overhaul — Health Canada says it has led to "unintended consequences" and "abuse" — but it also means the commercial industry could be worth $1.3 billion by 2024, according to the forecast. Are there daily amount and duration restrictions under the Marihuana for Medical Purposes Regulations? Various surveys published in peer-reviewed literature have suggested that the majority of people using inhaled or orally ingested cannabis for medical purposes reported using approximately 1-3 grams of cannabis per day. While there are no restrictions under the new Marihuana for Medical Purposes Regulations on the daily amount that you may recommend, there is a possession cap of the lesser of 150 grams or 30 times the daily amount. The medical document must be completed annually (or sooner if you recommend a shorter duration) to ensure that you continue to support your patient's use of marijuana. We recommend you consult the document entitled Information for Health Care Professionals: Cannabis (marihuana, marijuana) and the Cannabinoids for further information. there is speculation that somewhere between 3-7 grams are required per day per patient at a rate not below $7/gr and cannot fall below $6/gr as that is the processors cost. the avg. is closer to $9 the producer can charge $3/gr to the processer, the processer $6 to the retailor. the retailor sells for $7-$12gr ( this is based on usa market but is very similar to canadas model and since there is a push for recreation use it is likely that Canada adopts their model and makes some tweeks to make it like purchasing alcohol. MCBO? so lets do some simple math; 37,500 x 3gr = 112,500 gr / day min to 262,500gr. 112,500 x $3= $337,500 262,500 x $3= $787,500 that's right 3/4 of a million a day in production. total cost to user = $3, 150, 000.00 (if 262,500gr/day) $3,150,000 x 0.13 ( hst ) = $409,500 a day in tax just from the end user $787,500 x 0.13 ( hst )=$ 102,375 a day in taxes from the producers and similar for the processers for a grand total of $614,250.00 of potential tax revenue per day with todays current patient and useage numbers. now in 10 years there is speculation that 450,000 people will participate in the program. even if the usage is 1 gr. per person per day. 450,000gr x 12 = $5,400,000.00 and $702,000.00 hst/day that is still a "medical market" now add the speculated recreational market. I think the only reason its not legal yet is simply that they cant control the supply yet. once the " licensed commercial producers" can supply the demand of its current and future market, then they can expand without the risk of "black market" explosion. Current stats about marijuana use : canadas current pop; 35.16mil. Estimated number of marijuana users in Canada: 2.3 million Average age of introduction to marijuana: 15 years old Number of people aged 12 - 17 who use daily: 225,005 10% of regular users develop dependency Annual Canadian consumption: 770,000 kg. Annual production: 2.6 million kg. Amount of domestic production consumed in Canada: 30% Number of grow operations: 215,000 Number of people employed in grow operations: 500,000 Price of 1 ounce of top grade product (enough to produce 20-50 joints: $250 Annual number of arrests for all offences concerning illegal drugs: 90,000 Number of reported marijuana offences (1999): 35,000 Number of reported marijuana offences in 2001: 71,600 (70% for possession) Annual cost of enforcing marijuana laws (police and courts): $500 million Estimated annual costs associated with substance abuse in Canada: $1.4 billion for illegal drugs; $7.5 billion for alcohol and $9.6 billion for tobacco. - http://www.med.uottawa.ca/sim/data/Marijuana_e.htm 164,250,000gr or 164,250kg annual requirement at 1gr /day/person ( medical) The reason im using habitual use as a model is because the medical community is the current model and they require daily use. Also the first rush of "legal" recreational use would likely be daily consumers like with alcohol. Im also kinda assuming the higher use of some will offset the infrequent use by others. Only time will tell. The taxes. I know your thinking "but medication isn't taxed like that". but marijuana is going to be federally taxed. Which also leads me to believe it wil become recreation sooner rather then later.