Eight of the 63 applications to confess merchandise to Denmark’s medical cannabis trial scheme have received approval for the reason that program’s inception in 2018, based on a current disclosure by Health Minister Magnus Heunicke.

Heunicke offered the brand new figures in a solution to a parliamentary query from Member of Parliament Jane Heitmann.

Subsequently, nonetheless, 4 of the merchandise had been faraway from the approved checklist as a result of they might not be offered within the nation of origin, Canada.

Approval and regulatory compliance within the origin nation is a primary requirement for the admission of an imported cannabis product for the Danish scheme, Heunicke stated in his reply.

That only 12% of merchandise finally reached the Danish market to date is an instance of the regulatory quagmire dealing with medical marijuana companies in some international locations.

The lack of merchandise within the Danish market may additionally clarify, partly, why the Danish scheme has been in a tailspin for the reason that center of final yr.

According to knowledge from the Medicines Statistics Register, roughly 333 sufferers accessed Denmark’s medical cannabis scheme within the last quarter of 2019.

That’s down from greater than 1,000 months earlier.

Heunicke additionally disclosed that 46 of the 63 applications have both been withdrawn by the corporate or weren’t deemed to be adequate sufficient for an evaluation by the Danish Medicines Agency.

The current hurdles dealing with Denmark’s medical cannabis trial display why firms ought to stay conservative when projecting the evolution of worldwide medical marijuana markets.

That’s a lesson most massive Canadian producers realized the laborious method.

After spending lots of of thousands and thousands of {dollars} abroad, most have needed to reel of their worldwide ambitions to preserve badly wanted capital.

Amid large losses, Alberta-based Aurora Cannabis ceased development at its massive second-phase facility in Denmark late final yr.

Denmark’s four-year cannabis scheme launched in 2018.

It faces a midterm analysis later this yr.

Cannabis merchandise which might be at present obtainable in Denmark may be found here.

Matt Lamers is Marijuana Business Daily’s worldwide editor, primarily based close to Toronto. He may be reached at [email protected].

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