Zelda Therapeutics Limited (ASX:ZLD) has kicked off a partnership with a German medicinal cannabis company, providing an attractive market entry pathway for Zelda.The arrangement will see HAPA Medical granted first dibs on distributing and/or manufacturing Zelda’s medical cannabis products that have successfully completed clinical trials for the rapidly growing...
Attitudes to industrial hemp are rapidly changing in Australia legally-speaking, but if you're importing parts of the hemp plant into the country, you still need to be careful.While hemp fiber has always been available here, Australia, along with New Zealand, were the last countries in the world to ...
Little Green Pharma recently announced completion of its second medicinal cannabis crop harvest at its hydroponic facility south of Perth in Western Australia."With the second crop now harvested, the company is looking forward to expanding production to both help increase access for Australia patients and export premium grade medicinal...
Cannabidiol's role as an antipsychotic treatment has received another credibility boost after results of a recent study.Research out of King's College London determined a single dose of the cannabinoid cannabidiol (CBD) can assist in a reduction of abnormal brain functioning in patients experiencing psychosis.In a study of 33 young...
Illinois has again demonstrated its changing attitudes to cannabis, with Governor Bruce Rauner signing the Alternatives to Opioids Act of 2018 yesterday.While Gov. Rauner is known for his anti-recreational marijuana attitudes, it's a different story in relation to using cannabis for medical applications."This law will give thousands of Illinoisans...
Illinois Governor Bruce Rauner has signed the Industrial Hemp Act, Senate Bill 2298 into law, saying the legislation just makes good sense.Illinois now follows dozens of other U.S. states where the crop can or will soon be more broadly legally grown again."Roughly 38 states — including our neighbors in...
MGC Pharmaceuticals (ASX:MXC) has announced it has received approval to conduct a Phase II clinical trial of a cannabis-based medicine targeting treatment of dementia patients.The trial will be carried out in partnership with the Institute for Health Research at the University of Notre Dame in Western Australia.The medicine to...
New Zealand's Ministry of Health has granted the country's first medicinal cannabis cultivation license issued to a company - Hikurangi Cannabis.We mentioned Hikurangi back in January this year, when it said it was on track to becoming the country's first medical cannabis producer, the first to conduct a related...
Western Australia's industrial hemp farmers have received some very good news - legislation has been passed to increase the upper limit of THC permitted.The state's hemp farmers have had to put up with a very restrictive maximum limit of 0.35 per cent tetrahydrocannabinol, a psychoactive compound in cannabis, in...
The U.S. CBD industry grew by nearly 40 percent in 2017 and is set to eclipse $500 million this year according to a recent report from New Frontier Data.Sales of cannabidiol (hemp and marijuana derived combined) reached $367 million last year and it was the first year sales of...
