RYAH Medtech, Inc. subsidiary of RYAH Group, Inc. (CSE:RYAH) has received a Health Canada medical device license for its proprietary internet of things powered medical cannabis inhaler, proprietary cartridges and software application associated with the device.
Health Canada License number 107475 allows RYAH to market its Smart Medical Inhaler System to medical patients in Canada and potentially represents a significant boost to RYAH's growth strategy. According to Stats Canada, there are over 290,000 active, federally registered cannabis patients, while nearly 8 million Canadians live with chronic pain. Insurance reimbursement and various provincial programs such as the Ontario Disability Support Program are designed to reduce or potentially fully cover the cost of purchasing cannabis delivery solutions that are certified under a medical device license.
