Medical Access Fund Could Help MMJ Patients Pay for Pot
Medicine is expensive, even when you smoke it.
Medical marijuana can be expensive, as most drugs usually are. Plus, when it comes to doctor recommended weed, medical insurance providers are not responsible for, and do not cover the costs of, pricey cannabis. The Washington Cannabusiness Association (WACA), an organization comprising members of the the Evergreen State’s legal weed industry, has created the Medical Access Fund, an effort to subsidize some of these costs for Washington's underfunded mmj patients.
From a WACA press release:
“Under current state laws and regulations, as well as the economic realities of the marketplace, it is difficult to provide medical products at no cost to patients. WACA’s Board of Directors wanted to establish the Medical Access Fund to create a legal, regulated process whereby our members and their peers in the licensed industry can step up and support patients. Whether they are a licensed producer, processor or retailer, all of our members are committed to helping serve the communities in which we do business.”
According to data gathered from industry analysis firm Headset, the total excise tax revenue from Washington’s legal marijuana industry, from January through May 2016, was $84.73 million.
Washington State Senator Ann Rivers said of WACA’s Medical Access Fund, via the release: “I applaud our state’s licensed cannabis producers, processors and retailers for moving forward with a plan to help reduce economic barriers for patients accessing medicine prescribed to them by a healthcare professional.”
The group hopes the fund will be set up by the end of 2016. Which is coming up fast.