Patient Boycott, Restrictions Could Limit MMJ Market in Minnesota

A handful of prospective medical marijuana patients in Minnesota plan to boycott the state’s new medical marijuana program, which could dampen an already-limited market for dispensaries.

The law, which was signed by Gov. Mark Dayton on Thursday, allows patients to consume marijuana in oil, pill or vapor form. Patients, however, cannot actually buy cannabis buds or smoke them.

Those restrictions – combined with a relatively limited list of qualifying medical conditions – have raised fears about the market’s viability from a business perspective. Just 5,000 patients qualify for the program, according to estimates, and many of them might not participate at all if they can’t actually smoke cannabis.

Cassie Traun, who lobbied at the Capitol for the bill, told the Star Tribune that the ban on smoking will steer her toward the black market to treat her Crohn’s Disease. Another patient who helped lobby for medical marijuana legalization said he will also continue to smoke marijuana he obtained on the black market.

“In the end, I just don’t foresee a lot of players being interested in the way they’ve got it set up [in Minnesota],” said Elan Nelson, who works with Medicine Man Denver. “It’s really not conducive to good business.

Under the new law, Minnesota will allow two cultivation centers and up to eight dispensaries.

One comment on “Patient Boycott, Restrictions Could Limit MMJ Market in Minnesota
  1. MMJstockPicks on

    All of us have been very intrigued with the booming MMJ sector of the market lately. MMJ stocks are bringing in record breaking gains and unbelievable volume. I have been very active with staying on top of the MMJ sector.I have been doing a lot of research on 3 specific companies that I feel have a HUGE upside on the competition and gaining awareness very fast. Check them out for yourself:

    1) Cannabis Capital Corporation (OTCBB:CBCA)

    2)GrowBLOX Sciences (OTCQB:GBLX)

    3)Soft Landing Labs Ltd. (OTC:SLNZ)


Leave a Reply

Your email address will not be published. Required fields are marked *