Australian hemp and medical cannabis company ECS Botanics (ASX:ECS) is confident the firm is on track for $2 million in revenue for Q3 FY2022.If achieved, this would represent around a 39% increase on the previous quarter. Late last month, ECS released its Half Year Financial Report covering to the...
USA medical hemp company Ananda Professional is opening enrollment for its study of endometriosis and other forms of pelvic pain.Endometriosis is a condition where tissue similar to the lining of the womb grows outside it. It can be a painful and at times debilitating condition.Ananda Professional, one of Australian...
A partnership deal between Canada's The Valens Company and Australia's Epsilon Healthcare Limited has kicked in.The Valens Company provides proprietary cannabis processing, product development, manufacturing and cannabis consumer packaged goods services. Epsilon Healthcare Limited, formerly THC Global Group Limited, has multiple medicinal cannabis assets, including the largest GMP cannabis...
New Zealand's Greenfern Industries Limited (GFI) has its sights set on registering an over-the-counter cannabidiol product in Australia.In December 2020, Australia’s Therapeutic Goods Administration (TGA) approved down-scheduling certain CBD preparations to Schedule 3, which kicked in on February 1 last year. This makes qualifying products Pharmacist Only medicines, available...
Minnesota medical cannabis patients now have another choice in medicines - dried flower.Up to the beginning of this month only liquids, oils and pills, including whole-plant extracts and resin, were permitted under the state's program. On Tuesday, flower was added to the list.The sale of smokable cannabis is limited...
Australia's Avecho Biotechnology Limited (ASX:AVE) says it has commenced the next stage of its study investigating the potential for topically applied CBD use in osteoarthritis patients.Osteoarthritis is the most common type of arthritis in Australia, tending to be more common among those over 40 years old or people who...
Medical cannabis companies Australian Natural Therapeutics Group (ANTG) and Clever Leaves Holdings have signed a CBD, THC and flower supply deal.Clever Leaves is a Florida-headquartered, Nasdaq-listed multinational operator and licensed producer of pharmaceutical-grade cannabinoids that operates more than 2 million square feet of greenhouses on two continents. ANTG produces...
Canadian multinational e-commerce platform Shopify is reportedly removing hemp derived high-THC products from sellers' stores.CBDTesters' Alexandra Hicks states an email from the ecommerce giant has been sent to various merchants identified as selling delta-8 tetrahydrocannabinol (THC) products containing more than 0.3% THC.Shopify has reportedly stated in the emails its...
New Zealand’s Ministry of Health has reportedly granted approval for local use of three Australian medicinal cannabis dried flower products.Australian Natural Therapeutics Group (ANTG) states it is the first company able to legally sell dried flower in New Zealand, which will be accessed through New Zealand's NUBU Pharmaceuticals. ANTG...
The US hemp industry’s national advocacy organization has again condemned the marketing of intoxicating products under the guise of hemp.Last year the U.S. Hemp Roundtable expressed concerns about hemp products containing concentrated THC being marketed as dietary supplements. That was mainly in relation to delta-8 THC, a minor cannabinoid...
