If SAS-B approval rates remain steady for the rest of the year, we should be looking at 180k. But, as we are seeing accelerated growth amongst the eastern states and continued renewals of approvals that will be expiring after 2 years, this number could be moderately larger.
As to why QLD has a much higher adoption rate, I’m not certain. So hopefully my assumption that other states will reach similar approvals per population is correct. Definitely only a very broad skim of the available data and research, but nonetheless indicative of a clear trend. One which isn’t being given as much attention in the market or media as it probably deserves.
Are we there ....., page-51
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