Medical Cannabis

Fed-Funded Study Finds Increase In Medical Marijuana Patient Enrollments, Chronic Pain Most Common Reason
The Surging Tides Of Global Medical Cannabis Markets
New Legalization Law In Germany Creates Broader Liberties For Pharmacists
The Surging Tides Of Global Medical Cannabis Markets
New Legalization Law In Germany Creates Broader Liberties For Pharmacists
UK Medical Cannabis Market Gets Boost With Aurora And Script Assist Collaboration
2024 New Global Emerging Cannabis Markets Predictions

Medical Cannabis Recent News

Iowa Lawmakers Risk Ruining Hemp Businesses With New Bill, Business Owner Explains Why
The success of Iowa hemp businesses is at stake if lawmakers opt to make changes to support a new measure that seeks to the state's rules around the products they produce. That's according to business owners and farmers who are against House Study Bill 665, a legislation that was reviewed by lawmakers last week following its introduction. On Wednesday, a three-member House subcommittee recommended the passage of the measure to additionally regulate hemp and hemp products, providing penalties, and making penalties applicable. It was proposed by the Department of Public Safety, seeking to allow the Department of Health and Human Services more supervision of the distribution of hemp-derived and cannabis products. Meaning, the bill would allow the agency to sanction businesses that violate state rules, including the sale of products with THC levels that exceed the state's 0.3% limit.
Cannabis Giant Curaleaf Expands In This European Country Via New Acquisition
Curaleaf International has acquired Can4Med, a pharmaceutical wholesaler specialising in cannabinoid medications, to expand its operations in Poland. The deal will also improve patient access to medical cannabis products across Europe. Poland's National Agricultural Support Center implemented rules last year that increased the THC level permitted in industrial hemp from 0.2% to 0.3%, facilitating a more streamlined permitting process for farmers and buyers. In August 2022, Curaleaf International registered its extract-based medicines in Poland through a partnership with local firm CanPoland. Last year, Poland saw a significant increase in the adoption of medical cannabis, with over 3,000 kg distributed. Curaleaf CEO Matt Darin called the acquisition a "significant step forward" for his company, as Poland's medical cannabis market expands rapidly.
CBD-Focused Avicanna Taps Into European Market Via Exclusive Pharma Supply Deal
Canadian cannabinoid-based biopharmaceutical firm Avicanna will supply two proprietary topical products to an unnamed multinational pharmaceutical firm in six European countries in 2024. The deal will commercialise Avicanna's RHO Phyto brand in Europe for the first time. The company praised its own proprietary patent-protected technologies being entered into "the European market without competition" as testament to its "scientific and technical leadership in the cannabinoid clinical and commercialisation field", highlighting the deal's strategic nature and geographic position, as well as the expected rapid expansion into other European countries. The unnamed pharmaceutical company manufactures and markets a wide range of pharmaceuticals across four continents and has established a commercial infrastructure in Europe. These manufacturing plants will produce Avicanna's Ultra-CBD cream and CBG Transdermal Gel in 2024.
Medical Cannabis Pioneer cbdMD Secures $1.2M To Fund Rollout Of Functional Mushroom Products
Medical cannabis producer cbdMD has secured $1.25m in financing from five institutional investors to support the national rollout of its new ATRx Labs functional mushroom products. North Carolina-based cbdMD will use the proceeds for working capital as well. The news comes after the company launched two new products--Apple Cider Vinegar (ACV) and Immunity Gummy Pouches-through grocery chain Sprouts Farmers Market. Sprouts chose cbdMD to be a leading brand in its CBD section. The institutional investors will receive a senior secured original issue discount convertible promissory note, which matures 18 months from the date of issue. At that point, the notes can be converted into shares at a rate of $0.684 per share.
Medical Cannabis Co. Expands Into National Grocery Chain: cbdMD's Gummies Hit Shelves At Sprouts Farmers Market
cbdMD, Inc., a medical cannabis company, has entered into a partnership with Sprouts Farmers Market to make its Apple Cider Vinegar (ACV) and Immunity Gummy Pouches available in 175 locations nationwide. Sprouts Farmers Market has chosen cbdMD as a prominent brand for its CBD section. Shannon Charles, CMO at cbdMD, expressed their gratitude for this opportunity and their dedication to quality and customer satisfaction. The ACV Gummies contain organic apple cider vinegar powder and provide daily Vitamin B12 and Folic Acid requirements, while the Immunity Gummies support immune health with essential vitamins and antioxidants. The gummies are vegan-friendly, gluten-free, and compliant with the Farm Bill. Charles stated that this partnership brings them closer to their goal of promoting a balanced lifestyle and optimal wellness.
Huge Study Reveals Cannabis Provides Similar Pain Relief Benefits As Opioids Without Negative Consequences
In a groundbreaking study of epic proportions, researchers weighed the pain-alleviating potential of medical marijuana versus opioids, showing that cannabis is similarly effective as opioids and traditional pain meds for the treatment of non-cancer pain.
Tilray's Diversified Growth Strategy Is Paying Off, Here's What's Behind 34% YoY Revenue Increase In Q2
Canadian cannabis company Tilray reported a 34% increase in revenue in its second quarter of fiscal 2024. The company reported revenue of $194 million, up from $145 million in the same period last year. Tilray's cannabis net revenue increased 35% to $67 million, while beverage alcohol net revenue increased 117% to $47 million. Distribution net revenue also rose to $67 million, compared to $60 million in the same quarter last year. The company's gross profit increased 11% to $47 million, with adjusted gross profit up 18% to $52 million. Net loss in the second quarter amounted to $46 million, compared to a net loss of $62 million in the same period last year. Adjusted EBITDA stood at $10.1 million, down from $11 million in Q2 2023.
Cannabis Market Evolves In Israel Amid War With Hamas, New Merger On The Horizon
Over the years, Israel has grown into an international giant in the cannabis industry.
Study Explores Holistic Effects Of Medical Cannabis Versus Opioids On Chronic Pain Management
A recent study, spearheaded by Professor Jussi Jylkkä and a team of researchers from Åbo Akademi University delved into the holistic effects of medical cannabis and opioids on chronic pain, providing valuable insights into their efficacy.
Painful Truth: Chronic Pain Linked to Increased Tobacco And Cannabis Co-Use, Finds Duke University
Explore how chronic pain increases tobacco and cannabis co-use and its impact on health policy, per Duke University study.
The Real Reason People Are Buying Marijuana
This article was originally published on The Fresh Toast and appears here with permission. Unlike alcohol, cannabis has medical benefits….so what is the real reason people are buying marijuana?
THC vs Big Pharma: Unveiling Nature's Edge Over Prescription Painkillers
This article was originally published on Cannabis.net and appears here with permission.
Medical Cannabis For Cancer Patients' Palliative Care Is Focus Of New European Research Project
European vertically-integrated manufacturer of cannabis-based medicines Avextra AG unveiled the Avextra Alliance for Evidence-based Cannabis Medicine on Wednesday
The Distressed State Of Maturing Cannabis And The Prescription For Recovery
Cannabis businesses in survival mode must identify their core competencies and streamline operations to stay solvent and restore trust.  The legacy cannabis market is in distress. To bring it back from the brink, lenders and operators need transparent evaluations and rapid action to preserve value, overcome obstacles and survive.
Our Brain's Natural Coping Mechanism: Self-Made Cannabinoids In Response To Stress
The human body's ability to adapt and respond to stress is a subject of ongoing fascination and study.
Latin America's Best-Kept Cannabis Secret: Meet The Biggest Marijuana Company In The Region
Drifting just an hour from the vibrant arteries of San Juan, Puerto Rico's capital, past a mosaic of color-doused houses and palm-enshrouded highways, a hidden gem emerges on the island's eastern seaboard. Here, where the rhythm of Latino and Caribbean tales intertwine with the allure of American character, we encounter the city of Humacao.
Report: 650% Spike In Cannabis Medicine Trials Prioritizing Chronic And Neuropathic Pain
Could the future of healthcare be intertwined with cannabis-based medicines?
Alabama's Cannabis Saga: How File Size Restrictions Hurt Marijuana License Applicants
It seems that the Alabama Medical Cannabis Commission has acknowledged that the file size restrictions it imposed on applicants' attachments have caused "extenuating circumstances" for certain companies applying for medical cannabis licenses,
Canopy Growth Rebrands In Germany, Here's Why
Canopy Growth Corporation's (NYSE: CGC) (TSX: WEED) subsidiary, Canopy Growth Germany GmbH announced on Wednesday that the company is changing from Spectrum Therapeutics to Canopy Medical in the German market.
Despite GOP's Push To Scrap Medical Marijuana In South Dakota, Patients Needing It On The Rise
The number of South Dakotans who hold a medical marijuana card exceeded the 11,500 mark, representing far more than previously anticipated, reported South Dakota Searchlight.
Global Cannabis Producer Expands Footprint In Germany Via Partnership With Local MMJ Company
Flora Growth Corp. (NASDAQ: FLGC) has entered into a partnership with TruHC Pharma GmbH, a medical cannabis expert based in Hamburg, Germany.
VA Docs May Soon Recommend Medical Marijuana, Psychedelics Research: Bill Gets House Greenlight
The GOP-controlled House of Representatives recently passed two amendments of a comprehensive Military Construction, Veterans Affairs and Related Agencies (MilCon/VA) spending bill.
Why Israel Is A Global Leader In Cannabis
This article was originally published on The Fresh Toast and appears here with permission. Israel has become an international giant in the cannabis country. That is especially unique considering the region.