Bedrocan, the Dutch medicinal cannabis grower, was declared bankrupt on Thursday after requesting a suspension of payments two weeks ago. The Veendam-based company is the sole supplier of medicinal cannabis in the Netherlands.
Bedrocan has been supplying medicinal cannabis since 2003 but ran into financial difficulties after the Ministry of Public Health terminated its contract with the grower earlier this year, Dagblad van het Noorden, RTV Noord, and the Volkskrant reported.
As a result, Bedrocan can no longer supply cannabis to the Office of Medicinal Cannabis (BMC), which manages the procurement and distribution of medicinal cannabis. This cannabis is used by people suffering from chronic pain and severe muscle spasms, as well as…