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or Name
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CA



Aphria Inc
Symbol APH
Shares Issued 98,880,910
Close 2016-11-21 C$ 5.66
Market Cap C$ 559,665,951
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NP says Aphria, others hear vet med pot bill soaring

2016-11-22 08:49 ET - In the News

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The National Post reports in its Tuesday, Nov. 22, edition that Veterans Affairs Canada is set to "reduce substantially" the amount of medical marijuana for which retired soldiers can seek reimbursement. The Post's John Ivison writes that the program under which veterans could access marijuana for medical purposes was introduced in 2008-2009 and by the end of the year there were just five recipients being reimbursed $19,000. An unnamed source says there are currently 3,300 users -- double the number from official statistics released in March -- and the department has projected the program will cost $90-million in the current fiscal year, if trends continue. To put that in context, the government spends about $247-million a year on all health treatments for veterans. Veterans Affairs Minister Kent Hehr said in March he would review the issue and he is expected to announce a dramatic reduction in the amount the department will reimburse from the current 10 grams a day. It is understood veterans will still be able to access whatever amount of marijuana is authorized by their doctors, but the government will not reimburse at current levels, unless there are exceptional circumstances.

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