Maryland Cannabis Consulting

How Large is the Medical Cannabis Market in Maryland?

Based on extensive Quantum 9 research, medical cannabis patient user adoption rates can range between 1.5-2.1% of the total population of any state. Below are some general user adoption numbers from current medical marijuana states.

Disclaimer: California patient registry is voluntary and current legal registry number total 76,431. Colorado and Washington have allowed an adult use/ recreational cannabis market reducing the number of medical marijuana patients in the height of their respective patient population.

Cannabis user-adoption-rate

In the emerging states, a limited number of illnesses and conditions reduce the total patient population. Below are the most recent medical marijuana states and their respective number of ailments and conditions.

Medical Cannabis Illness and Conditions by State

  • Maryland: 9
  • Minnesota: 13
  • New York: 16
  • Illinois: 40
  • Florida: 3
  • Michigan: 15

Maryland User Adoption Numbers

A conservative estimate of the Maryland medical patient population using a 1.2% total population user adoption rate equates to 71,712. The potential medical cannabis market size in Maryland could be as high as 5.976 million due to provisions within the draft regulations stating that “C. A physician may be registered as a certifying physician to treat a patient who has a condition that is: (1) Severe; (2) For which other medical treatments have been ineffective; and (3) If the symptoms reasonably can be expected to be relieved by the medical use of Cannabis.” This progressive insertion by the commission to allow physicians the discretion to write certifications makes the potential patient population the entire population of Maryland. The law even allows for the ability for patients under the age of eighteen (18) to access medicine via a caregiver. For those physicians that are worried about jeopardizing their medical license the law outlines specific illnesses and symptoms cannabis can be prescribed for.

“Have a chronic or debilitating disease or medical condition that results in the patient being admitted into hospice or receiving palliative care.” Based on figures from the National Hospice and Palliative Care Organization a case could be made that an estimated 516,759 patients live in Maryland with hospice or receiving palliative care needs.

Below are the list of conditions and ailments outlined in the Draft Regulations.

(a) Cachexia;

(b) Anorexia;

(c) Wasting syndrome;

(d) Severe or chronic pain;

(e) Severe nausea;

(f) Seizures; or

(g) Severe or persistent muscle spasms;

(3) Have the following diseases and conditions:

(a) Glaucoma; or

(b) Post traumatic stress disorder (PTSD).

If you intend to use these numbers within a Pro Forma Quantum 9 provides Cannabis Consulting to help outline the following:

  • Assumptions
  • Profit & Loss Projections
  • Statement of Cash Flows
  • Balance Sheet
  • Sales Projections
  • Supply Projections
  • Staffing Projections
  • Market Projections
  • Return On Investment Analysis

About Quantum 9

Quantum 9 has amassed an incredible team of marijuana consultants to guide clients from medical cannabis license acquisition to medicinal sale. Quantum 9 focuses on helping patients access quality medicine from reputable organizations. That effort starts with helping companies acquire permits to cultivate, manufacture and dispense cannabis. If you are in the process of submitting an application to the Maryland Medical Cannabis Commission let Quantum 9 help in the process.

Quantum 9 services the following cities within the Maryland market: Baltimore, Annapolis, Columbia, Germantown, Silver Springs and Waldorf.

Raw Data

California: Patients: 572,762 – Population 38,800,000 User Adoption: 1.48% (as of 4/30/2015 via ProCon.org)
Colorado: Patients: 114,097 - Population: 5,356,000 User Adoption: 2.13% (as of 3/31/2015 via Colorado Department of Public Health and Environment)
Washington: Patients: 124,263 Population: 7,062,000 User Adoption: 1.76 (as of 1/1/2015 via Marijuana Policy Project)
Michigan: Patients: 175,000- Population: 9,910,000 User Adoption: 1.765% (as of 4/15/2015 via Marijuana Business Daily)



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