NetworkNewsWire Editorial Coverage: By now, the potential for cannabinoids like tetrahydrocannabinol (THC) and cannabidiol (CBD) to reduce the symptoms and even help prevent the onset of diseases such as Alzheimer’s has been fairly well-documented by a wide variety of studies (http://nnw.fm/RRjS8). The global potential for cannabis-based therapies has triggered a medical marijuana arms race, as countries like Canada, Israel and many of those in Western Europe seize the initiative and more boldly go where the U.S. federal government has feared to allow private industry to tread. Rising stars in the sector, such as phytocannabinoid combination therapy developer India Globalization Capital, Inc. (NYSE MKT: IGC) (IGC Profile), are acutely aware of this immense global potential and have begun to position themselves to secure what will no doubt be hotly-contested market share. Investors interested in medicinal marijuana and/or Alzheimer’s treatments will find themselves looking at a global landscape of key players that includes Medical Marijuana, Inc. (OTC: MJNA), the first U.S. publicly traded cannabis company, as well as Canadian pharmaceutical-grade marijuana producers Aphria, Inc. (OTCQB: APHQF) (TSX: APH), MYM Nutraceuticals, Inc. (OTCQB: MYMMF) (CNSX: MYM) and Supreme Pharmaceuticals, Inc. (OTC: SPRWF) (TSXV: FIRE).
As attitudes grow increasingly favorable to the medicinal capabilities of cannabis, the companies that excel in this new field are those focused on the development of therapies that address global market concerns, such as Alzheimer’s. According to the Alzheimer’s Association, Alzheimer’s disease and other dementias will cost the U.S. roughly $259 billion in 2017 and, by 2050, could rise to as much as $1.1 trillion (http://nnw.fm/OzoX8).
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Leaders in Medical Marijuana and the Global Alzheimer’s Markets
