OWC Pharmaceutical To Begin Testing On Cannabinoid-Infused Psoriasis Cream

Cannabis-infused Psoriasis cream

ISRAEL: OWC Pharmaceutical Research Corp., an Israeli-based developer of cannabinoid-based therapies targeting a variety of different medical conditions and disorders, announced it has received Institutional Review Board (IRB) approval to conduct safety testing on its proprietary topical crème compound for the treatment of psoriasis and related skin conditions. The approval follows the Company’s February 1, 2017 8K filing Read the full article…

What Would “Greater Enforcement” Mean for Washington’s Cannabis Businesses?

Delaware Gov signs expungement bill

Justice Department has options to crack down, but may galvanize the push for even wider legalization By Andy Aley WASHINGTON: In statements that were perhaps inevitable but nonetheless surprising to the cannabis industry, White House Press Secretary Sean Spicer on February 23, 2017, provided the first official comments on how the Trump administration may address Read the full article…

PA DOH Releases Medical Marijuana Program Permit Applications For Growers/Processors and Dispensaries

PA releases medical marijuana regulations

PENNSYLVANIA: Pennsylvania Secretary of Health Dr. Karen Murphy today announced applications for medical marijuana growers/processors and dispensaries are now available on the department’s Medical Marijuana Program website. Permit applications will be accepted from February 20 to March 20, 2017. “This is an important step forward in getting this valuable medication to patients who desperately need it,” Read the full article…

MedMen Acquires New York Medical Marijuana Company

MedMen is coming to NY

CALIFORNIA: MedMen, a Los Angeles-based cannabis management and investment firm, announced today that it has acquired Bloomfield Industries, Inc., one of only five Registered Organizations licensed to operate a medical marijuana business in the State of New York. The acquisition provides MedMen with the opportunity to apply its operational expertise and institutional best practices to one Read the full article…

NWA President Publicly Advocates Cannabis For Injured Wrestlers And Athletes

NWA President says yes to CBD.

The President of the National Wrestling Alliance, attorney R. Bruce Tharpe, is one of the first sports leaders publicly advocating the use of cannabis as a legitimate medical alternative for injured wrestlers and other athletes. “Too many people in the US have become victims of opioid addiction and death as a result of the over-prescription Read the full article…

Clinical Trial: THCV Lowers Blood Sugar Levels In Type 2 Diabetics

Clinical Trials: THCV and Type 2 Diabetes

UNITED KINGDOM: The administration of THCV (tetrahydrocannabivarin), a non-psychoactive component of cannabis, is positively associated with glycemic control in type 2 diabetics, according to the randomized, placebo-controlled data published in the journal Diabetes Care. Investigators from the University of Nottingham, School of Medicine assessed the twice daily administration of various cannabinoids (CBD or THCV or CBD and THCV in Read the full article…

NORML Responds To National Academy of Sciences’ Marijuana Report

"Most patients in the pain groups reported replacing prescription medications with medicinal cannabis, the most common of which were opiates/opioids across all patient groups," authors concluded.

DISTRICT OF COLUMBIA: The National Academy of Sciences, Engineering, and Medicine released a comprehensive report today acknowledging that “conclusive or substantial evidence” exists for cannabis’ efficacy in patients suffering from chronic pain, and sharply criticized longstanding federal regulatory barriers to marijuana research – in particular “the classification of cannabis as a Schedule I substance” under Read the full article…

New Mexico Medical Cannabis Sales Exceed $50.6 Million In 2016

mmj

NEW MEXICO: The Medical Cannabis Program’s total industry revenues from 2015 to 2016 increased by $19.7 million, resulting in $50,638,520 and a growth of 64 percent. Cannabis sales significantly surpassed other notable industries. Comparatively, the New Mexico chile crop was valued at $41.1 million in 2015 and the state’s craft beer industry is expected to generate $30 million in 2016. The last reported Read the full article…

Medical Marijuana NY-Based Biotech Company Enters Clinical Trials

Controlled-release hemp oil CBD chewing gum and matching placebo gums will be tested for the clinical studies

NEW YORK:  AXIM Biotechnologies, Inc., a world leader in cannabinoid research and development, has entered clinical trials on treating irritable bowel syndrome (IBS) with the Company’s CanChew Plus cannabidiol (CBD) gum at Wageningen University in the Netherlands. Human Clinical Trials Detail Include: Controlled-release hemp oil CBD chewing gum and matching placebo gums will be tested for the Read the full article…

Health Insurers Won’t Cover Medical Marijuana In North Dakota

Health Insurers Just Say No to MMJ in ND

NORTH DAKOTA: North Dakota voters overwhelmingly approved the legalization of medical marijuana, and lawmakers are grappling with launching the program. But patients are about to learn that legalization does not mean insurance will cover the cost. Major health insurers in North Dakota have said they will not provide coverage for medical marijuana, which voters approved in Read the full article…