and reduction of opioid use.
One of the main issue with using cannabis for the elderly is of course, the cost. But with many insurance providers coming on board recently for private health benefits plans (Great-West Life and Manulife, for example), it is only a matter of time before the government implements some sort of program to assist seniors in obtaining medical cannabis at a reasonable cost, if not no cost at all.
Another issue turned opportunity is the fact that seniors that live in a retirement home can not smoke on the premises (there was even a Global News report last summer where an elderly woman on medical cannabis was denied from a Toronto long-term care home because she used cannabis!). Not that many seniors would smoke (only 34% of seniors over the age of 65 smoke marijuana, according to a June 2016 survey on marijuana consumption pattern by age group; my guess is these seniors do not reside in a long-term care or retirement home). But the fact that it is impossible to, creates an opportunity for those companies that offer oils and tinctures, capsules, and when October 2019 comes around, EDIBLES. How more discreet can you get than sipping on a Tinley Beverage Company (CSE: TNY, OTCQX:TNYBF) Moscow Mule on a warm summer night playing cribbage or lawn bowling (I know I know, stereotypical), or enjoying Nutritional High’s (CSE: EAT, OTCQB: SPLIF, FRA: 2NU) delicious looking FLI chocolate truffles with your hemp-infused ViPova black tea by Lexaria Biosciences Corporation (CSE: LXX, OTCQX: LXRP).
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