Canopy Growth, CURE Pharmaceutical To Work Together On CBD Oral Thin Films

Drug delivery and development company CURE Pharmaceutical Holding Corp CURR has entered into a partnership with Canadian cannabis giant Canopy Growth Corp CGC to develop a CBD product together.

What To Know

The companies will be working on a low-dose CBD oral thin film that will use CURE Pharmaceutical's patented CUREfilm technology. Canopy Growth will license the technology for global distribution.

CUREfilm will offer Canopy Growth a dosage that is "ideal for administering cannabinoids," CURE said in a statement.

Need more cannabis news? Check out all of our coverage here.

This latest development builds on the licensing deal that CURE and Canopy entered into back in September. Under the terms of the agreement, Canopy obtained exclusive license to CUREfilm for use with cannabis extracts and biosynthetic cannabinoids in global markets.

Why It's Important

Through this partnership, CURE Pharmaceutical will be able to leverage its patented technology and expand it on a global scale. CURE is registered with the U.S. Drug Enforcement Agency to develop and manufacture cannabis-derived and synthetic cannabinoid products that use CUREfilm for pharmaceutical applications. The company has a production facility in Oxnard, California.

Canopy Growth will have a product that provides an easier and more efficient way to deliver cannabinoids. CUREfilm provides increased bioavailability and more precise dosing.

Related Links:

CURE Pharmaceutical Expands DEA License To Manufacture Cannabinoid Molecules

Canopy Growth Announces Colombian Manufacturing Agreement For Oil-Based Products

Posted In: CannabisNewsMarketsCBDCURE PharmaceuticalCUREfilm
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...