When I say medicinal cannabis what comes to mind? It is definitely mainstream and helps patients with chronic conditions such as epilepsy and back pain. My guest today Adam Guskich is here to discuss medical cannabis which was made legal in Australia in 2016, and his company Medigrowth launched a year later. With multiple companies vying to become the national leader in medical cannabis, Adam knew that he had to act quickly to establish Medigrowth's position. Since launching in 2017, the company has delivered Medigrowth products to thousands of Australian patients and seen their YoY revenue grow to 2,800%. In early 2023 they announced the development of the Medigrowth Center for Excellence: Australia’s first medical cannabis-specific research and manufacturing facility. Recently Medigrowth launched Haiku Health, their own telehealth service, which offers patients access to GPs authorised to prescribe medical cannabis products.
In this podcast, Adam shares:
· What made you start a business that revolves around medicinal cannabis?
· Medicinal cannabis is deemed a legal, high-quality medicine that can be prescribed to people by their doctor. Is this model ideal in your view?
· Australians are embracing medical cannabis- a recent study from Medigrowth shows that 22% of people (or 1 in 5) considered or were given a medical cannabis prescription within the last 12 months. Furthermore, 38% of Australians know someone who uses medical cannabis. This number is highest amongst Gen Z, with 52% of young adults knowing a medical cannabis user personally. What does this trend says regarding the future of Australian medicine and especially plant-based medicine?
· Takeaway: What is your final takeaway message for us on The Politics of Medicinal Cannabis
Connect further:
(14) Adam Guskich | LinkedIn
Medigrowth
Haiku Health - Plant Science meets modern medicine – Haiku Health
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