Company Behind CBD-Based Drug Leads Way Despite Trump, Economic Fears
Having expressed understandable apprehension due to recent political events in the U.S. and Britain (i.e. Trump’s election and Brexit), London-based GW Pharmaceuticals announced on Monday that they suffered a 62 percent revenue drop for 2016.
However, things turned around quickly.
GW’s stock jumped 5.5 percent on the first day of the new trading week, right after the company announced positive results for one of its flagship therapies, Epidiolex. This cannabidiol-based drug treats two of the most difficult-to-treat forms of epilepsy, especially in children: Dravet Syndrome and Lennox-Gastaut Syndrome.
“We are making very good progress toward a NDA [UK’s equivalent of the FDA] submission to the FDA, as well as preparations for commercial launch and look forward to the opportunity to make this important new medicine available to patients as quickly as possible,” said Justin Glover, GW’s Chief Executive Officer, on the company’s website.
Phantom OG (Indica)
Is Marijuana Chewing Gum The Next Big Thing?
Moby Dick (Sativa)
Moby Dick is a cross of two mothers, Haze and White Widow and the results produce very high THC levels. A very psychoactive strain it also includes THCV, found in sativas growing in near the equator. Moby Dick produces great hunger and thirst, and it is advisable to eat and drink well, to counteract its effects. Due to this increase in appetite, it is recommended to treat the secondary effects of chemotherapy and anorexia.
With Marijuana Legal But Nowhere to Buy It, Massachusetts Enters the Weird Zone
On Thursday, marijuana possession and cultivation officially becomes legal for all adults 21 and older in Massachusetts, one of the four states to approve legalization on Election Day last month.
Exciting! As will be the experience for anyone trying to actually find any cannabis—which, just like before Bay State voters thought they were ending the drug war, will almost certainly require committing some kind of crime.
Massachusetts marijuana-seekers are entering what the Boston Globe calls a “gray area.” Marijuana is legal to possess, consume and grow. But it’s illegal to buy or sell—and it’s illegal for any medical-marijuana patient, the only people by whom cannabis can be legally purchased in the state, to share their stash.
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