United Kingdom legalizes medical cannabis prescriptions
Medical marijuana will be available by prescription in the United Kingdom by autumn after it was formally approved by the government Thursday.
After the UKâs medical cannabis market opens in the fall, it will immediately become one of the largest in Europe.
The surprise move by the Home Secretary will make cannabis-derived medical products available to a wide portion of the UK population, though the government is still deciding what products will be available.
The Department for Health and Social Care and the Medicines and Health Products Regulatory Agency plan to develop âa clear definition of what constitutes a cannabis-derived medicinal productâ so they can be rescheduled and prescribed.âFollowing advice from two sets of independent advisers, I have taken the decision to reschedule cannabis-derived medicinal products â" meaning they will be available on prescription,â Home Secretary Sajid Javid said in a news release.
Approved medical cannabis products will be covered by the countryâs National Health Service.
âThis is a significant step. With a population of 65 million people, itâs a massive potential market for medical cannabis,â said international medical cannabis expert Deepak Anand.
âThe UK has also been the largest exporter of medical cannabis in the world, despite not having a regulated federal medical cannabis program. How and if they use that to their advantage is yet to be seen, but they are certainly well positioned to take it on,â said Anand, also vice president of the consultancy Cannabis Compliance.
Last month, the UK embarked on a full review of the medical benefits of cannabis, signaling the potential for a major regulatory shift.
The first part of th e review concluded there is evidence that medical cannabis has therapeutic benefits. The second stage of the review â" by the Advisory Council on the Misuse of Drugs (ACMD) â" reached the same conclusion.
The ACMD suggested any products meeting a clear definition of what constitutes âa cannabis-derived medical productâ should be placed in Schedule 2 of the Misuse of Drugs Regulations 2001.
Only approved product will be rescheduled.
Medical marijuana is currently classified in the UK as a Schedule 1 drug, meaning it cannot be practically prescribed or supplied to patients. A special license is required from the Home Secretary for researchers and patients to access medical cannabis.
One exception is Sativex, which has been available since 2013 for use as a medicine without the need for a Home Office license.
GW Pharmaceuticals (Nasdaq: GWPH) has the only cultivation license in the UK.
Matt Lamers can be reached at [email protected]
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