Medical cannabis reimbursements by Veterans Affairs Canada in the 2022-23 fiscal year recorded an all-time high, according to the latest figures.
However, annual growth of those reimbursements as measured in dollars reached a multiyear low, indicating that growth in the category is slowing substantially.
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Veterans Affairs Canada (VAC) is the federal department responsible for benefits and services for retired and serving Canadian Armed Forces members.
In the 2022-23 fiscal year ended March 31, VAC reimbursed 21,108 people a total of 167.6 million Canadian dollars ($122.6 million) for medical cannabis products, the agency’s figures show.
The 2022-23 reimbursements are slightly higher than those from 2021-22, when 18,388 people were reimbursed CA$153.8 million.
Though the amount reimbursed rose 9% year-over-year, annual growth hit a new low in the most recent year.
Annual growth of medical cannabis reimbursements in previous years was:
13.8% between 2018-19 and 2019-20. 40%
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