InMed's new proprietary once-a-day delivery system for ophthalmic drugs may also play an important role in enabling other companies’ proprietary ophthalmic drug candidates or re-invigorating the commercial potential of off-patent products that would benefit from a once-a-day dosing regimen. InMed plans to initiate discussion with potential partners to this end.
The most recent cannabis IPO is also one of the most promising based on PI Financial analyst Jason Zandberg’s bullish price target of $2.25 for (TSX.v ABCN) ABcann Global Corp.
The Seed Investor looks at Canada’s C$22 billion cannabis industry with a review of recreational cannabis in Canada and how licensed producers are gearing up to meet demand. Find out how investors can capitalize on these trends.
Aphria Inc. has been soaring since its graduation to the TSX last month. The company now has a $1.1 billion market cap and could pass Canopy Growth Corp. with its $1.74 billion market cap over the next few months. There’s no question Canopy stock has slowed down when compared to its peers like Aphria and Aurora Cannabis Inc
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Cannabis legalization doesn’t only mean blazing great weed and banking big-time profits, it also brings astonishing advances in ancillary pot products and tech that seems to transcend itself each new year.
Canaccord Genuity analyst Neil Maruoka thinks Canopy Growth Corp. (TSX:WEED) is the “dominant player” in the Canadian cannabis sector, but says the company’s stock is fully valued at current levels.
Studies have shown that marijuana smoke can be harmful to the lungs, while edibles have extremely variable bioavailability that makes dosing difficult. This has left the door wide open for innovators to develop new delivery systems to improve upon these metrics.
Advancements continue to be made in various CBD extractions as the demand for cannabis extracts continues to climb at a high rate. Cannabidiol (CBD) is one of the most important healing substances, with a strong anti-inflammatory effect and without a psychotropic (narcotic) effect.
NutraFuels Inc. (OTC PINK NTFU) announces that the company has finalized product packaging and begun production on five of the company’s latest oral spray containing industrial hemp rich CBD.