The Analytics agency New Frontier Data had a research based study which highlighted the impact of marijuana on its incorporation in medicines. It has not only changed the health game but also economical and industrial factors.
The firm realizes the big influence medical marijuana will have on medicinal industry if it gets regulated in all states. There will be a huge shift in overall trend of total turnover in medical centers that will change the shape of economy in the relevant industries. More people will choose medical cannabis over certain painkillers as a way to cope with chronic pain.
Medical Marijuana is efficient for treating multiple conditions
According to scientists at Harvard, medical marijuana is efficient in controlling chronic conditions. These include chronic pain, epilepsy and glaucoma. These also include acute conditions like nausea and vomiting because of chemotherapy. Medical marijuana is also efficient in treating mental health problems such as Post Traumatic Stress Disorer (PTSD) and anxiety.
People in the United States mostly refer to use medical marijuana for reducing chronic pain. There is scientific evidence that medical marijuana does not have enough potency to deal with extreme pains. This includes pain resulting because of a fracture or post surgery. That is why it is rather efficient for countering chronic pain that sabotages hundreds and thousands of Americans every day. This condition aggravates as they grow older.
Marijuana also holds the capacity to reduce pains in neurological conditions and multiple sclerosis. Patients suffering from neurological diseases often complain the highly sedative effects of medicines like Lyrica and Neurontin. However, on using medical marijuana they experienced far better overall efficiency in their performance in daily activities. They considerably felt less cut off from the tasks they had to do.
A big advantage marijuana has over opiates is that it is safer than the latter. There is no possibility to exceed the required dose and it is not addictive like other substances. In the near future, cannabis can even replace NSAIDS like Aleve and Advil. This is a good news for people having renal problems or ulceration such as Gastroesophageal Reflux Disorder or GERD.
How much influence will it have on the Big Pharma?
According to a Health Affairs study in 2016, states with legalized cannabis had around 11 percent decline in conventional medicines to deal with these disorders.
New Frontier Data employed the data results to interpret the possible influence of general capital on the country on full legalization. The final result was that there could be a possibility of having a loss of around $18.5 billion to the pharmaceutical industry between the years 2016 to this year.
The report from New Frontier Data suggests that United States holds around 35 percent of the pharmaceutical market over the world. It is therefore, without any surprise, the largest market worldwide. United States highly depends on this industry for its economy.
According to the CEO, going toward the biggest worldwide industry on the planet, medicinal cannabis would be nothing in contrast with the effect on the all out the pharmaceutical drug market despite the fact that the amount of money is gigantic. Medical marijuana can greatly influence the highly advantageous branched markets for the industry like chemotherapy and chronic pain.
Role of CBD Edibles In Boosting Cannabis Industry
How does a business persuade its clients to purchase their product when marijuana is easily accessible in the market? The ideal approach lies under the art of marketing, and for some organizations, that implies an emphasis on wellbeing. That is why some brands are approaching towards healthier CBD infused edible products, for example, Gluten free edibles.
Much healthier options in the market specifically target the audience that are health conscious. Additionally, people have started taking health more serious than ever. To inspire these people and use the influence on getting more profit, professionals in the market have to advocate health and wellness in their companies.
CBD edible trends in Los Angeles
Los Angeles is probably the biggest promoter of cannabis in the planet. In addition to that, it is the world capital of restricting diets. Many wellbeing focused brands implant marijuana into the dietary prevailing fashions, which touch base with the tides.
There are options to buy, such as gluten free edibles and cannabis infused tea. Companies are also incorporating cannabis with ginseng to guarantee calm.
CBD edibles are getting popular in restaurants
The specific compounds in cannabis have benefits of their own. THC comes with terrific medical benefits when it comes to alleviate pain and treat different diseases. On the other hand, CBD plays a role in the overall promotion of good health. This concept has hit the restaurants and cafes. Now every now and then, you will see a CBD infused label on their menus. With its property to provide benefits without altering the mental and emotional state with euphoria, it is getting even more popular in the restaurant industry.
The potential market goal for cannabis is to bring it for health promoting purposes. CBD infused product users will notice a general uplift in their creativity levels, perseverance and tolerance, self awareness and mood. It will also ultimately make people more conscious of their surroundings and make them more empathetic and open.
Many brands have been instilling scientific researches and putting them into use by making specific products that address certain issues. These health issues include anxiety, chronic pain and insomnia as well as other health problems.
Future of CBD edibles
Currently in the United States, over a thousand brands are claiming to be the best in the market. However, it is still not a time to decide which brand stands the best. the number of national level US brands are very limited in the present times. At this point, there is no data or clue addressing the main method of cannabis consumption once the substance gets legal at the federal scale.
The central goal of the industry at this point is to erase misconceptions and create a sense of awareness in the people regarding its benefits. For this thing to occur, all health brands relating to cannabis will play an integral role in the market. Products like Gluten free CBD edibles do not only hint the variety of the products but also points towards the importance of CBD edibles health wise.
25 Strong Cannabis Health Claims that are backed by Science
There is an astounding amount of scientific evidence that proves the fascinating efficiency of the trendiest substance in the market – cannabis! Below are 25 facts that comprehensively show case the wonders this substance can do:
1. Cannabis is effective in treating symptoms of nausea and vomiting, especially in cancer patients
Cannabis is known for its nausea alleviating properties. It is extremely beneficial in providing relief from nausea and vomiting. A group of researchers found that about 70 to 100 percent of cancer patients undergoing chemotherapy got instant relief from nausea. However, the results are more promising on smoking the substance rather than using it in other forms. The study was conducted in 2001, and it appears online in the Journal of Cannabis Therapeutics.
2. Cannabis aids muscular discomfort in multiple sclerosis (MS)
Patients with Multiple Sclerosis often complain about pains that stop them from living their normal life. A group of scientists in 2012 discovered that the THC compound present in cannabis soothes the cramping and contraction of body muscles. Patients with MS often face this condition. They do not find other pain-relieving products any helpful in reducing the symptoms. However, cannabis has proved to be among the best relieving agent for them. The study appears in the Canadian Medical Association Journal.
3. Treat all of your chronic and acute pains with the most tried and effective substance
The most common usage of cannabis for medical purposes is eliminating signs of chronic pain. Pharmaceutical products provide only half the relief for only 30 to 40 percent of people according to a study in Canada. Around 40 percent of people who use opioid painkillers also combine medical marijuana for better results.
Moreover, a study in 2011 suggests that using cannabis thrice daily for five days alleviated chronic pain in the patients under observation by 27 percent. The compound THC has pain reducing properties that target the specific area with pain and shows its action in a short amount of time.
4. Cannabis prevents cartilage from breaking down in Osteo Arthritis
Cannabis is not only beneficial for fighting off chronic pain or inflammation. Recent research in 2016 opens up another dimension on the benefits of the substance. It suggests that THC is helpful in preventing the breakdown of essential cartilage that occurs in osteoarthritis. This way, patients won’t have to worry about deteriorating factors of the disease.
5. It alleviates tremors and improves life quality in people affected with Parkinson’s disease
Parkinson’s disease is a degenerative neurological disorder in which the motor functions do not work normally. There are frequent seizures, shakiness in the limbs that make an individual difficult to perform even the simplest of daily activities such as walking.
Unfortunately, this disease is incurable. However, a study in the early 2000s showed miraculous results as cannabis showed a positive side in alleviating some type of tremors. With the help of more research, scientists might be able to find the actual cause of all tremors manifesting in this disease. They can also employ beneficial properties of cannabis to help reduce the signs of the disease.
6. Cannabis is helpful for patients of hypertension
Hypertension is the silent killer for a reason. It is one of the deadliest causes for life-threatening conditions without us knowing in time. Cannabis comes to the rescue here as well. A European study suggests that cannabis may help in reducing arterial blood pressure in patients with hypertension.
7. Cannabis holds the effective power to help soothe apparent symptoms of depression related disorders
According to a study last year, people who used marijuana reported to have fewer symptoms of depression. Marijuana with a ratio adjusted according to higher cannabidiol (CBD) and low tetrahydrocannabinol (THC) was efficient in reducing depression-related symptoms. There is a hope that scientists will dive deeper into looking multi dimensionally into the problem. This way, they will be able to find ways to improvise the potential of the substance for the treatment of depression.
8. Cannabis prevents memory loss and protects the brain from cellular degradation
Research claims that cannabis is a very efficient measure to prevent memory loss and Alzheimer’s Disease. This is because the disease occurs due to Aβ aggregation that deteriorates brain cells. This, in return, damages the person’s memory, and symptoms of dementia start to show up. The THC in cannabis plays a huge role in inhibiting the aggregation, so there is no damage to the brain cells.
9. You can use cannabis for treating your dermatological problems as well
Inflamed skin is not only unattractive, but it also provokes pain. If not controlled, it can result in adverse effects. CBD has a high potential to address the problem right at hand and normalize the immune function at the target area. This way, it helps in the immunosuppression of the inflamed region that many other skin lotions fail to achieve.
10. Cannabis is beneficial for cutting down fat and helps in weight loss
A study in the American Journal of Medicine in 2013 suggests that there are lower prevalence rates of obesity in cannabis users. This suggests that there is an association between cannabinoids and body metabolism. Specific cannabis has its compounds in the best proportion that induces a sedative effect that decreases the stress hormone secretion. This ultimately prevents the “munchies” from occurring among people.
11. Cannabis is effective in fighting off Glioma
One of the most exciting cancer research news came in 2014 when it was proved by scientists that the growth of brain cancer cells could be controlled. The CBD inhibits the growth of aggressive glioma. This was made more effective when oncologists used cannabis in combination with the radiotherapy. This study appears in the American Association for Cancer Research.
12. Cannabinoids CBG and CBD help in treating leukemia in children
According to research, CBD in combination with other compounds is effective in treating leukemia. Leukemia is a life-threatening cancer of bone marrow that especially occurs in children. The cannabinoids CBG and CBD in combination act synergistically in annihilating the tumor cells in the bone marrow.
13. Use cannabis to treat atherosclerosis and reduce elevated plaque
Cannabis is effective in lowering down cholesterol levels in the body. With that said, research solidifies the evidence as according to the scientists, using cannabis-infused edibles can have a positive effect on softening the hard arteries. This way, they are beneficial in treating atherosclerotic conditions, therefore preventing ischemia and heart attacks. The study got published in 2005, and it appears in the journal Nature.
14. It protects brain from further damage after strokes
With its intrinsic properties for softening the hard tissues, cannabis is an amazing therapeutic tool in protecting the soft tissues of the brain from further damage after strokes. Low amounts of THC in bloodstream declines the chance of death due to head trauma by 80% according to scientists. The study got published in 2011, and it appears in the journal The American Surgeon.
15. Cannabis proven to improve sleeping patterns and concentration in ADHD patients
Before finding various medical benefits of cannabis, people had been already aware of the positive effects cannabis has on sleep and concentration. Scientists dived deeper into finding the connection, and they equally acknowledged the benefits, if not more. A group of scientists from Germany scientifically proved these benefits when they observed improved signs of these factors in people with ADHD.
16. CBD in combination with malarial drugs can better treat malaria
According to research in 2015, a group of scientists confirmed cannabis to be effective when used in combination with malarial medicines for treating malaria. They tested mice with the medicinal drug Artesunate and CBD. The controlled group was only treated with medicine. Scientists found that the experimental group showed better cognitive functions than the controlled group. Also, the experimental group showed lower inflammation and stress than the ones in the controlled group.
17. Cannabis known to improve sex drive among occasional users
Many people use cannabis before having sex. The apparent factor lying behind is the potential of the substance in enhancing the capability to orgasm at a much enjoyable phase. Science suggests that cannabis has properties that alleviate stress and enhances euphoric sensations when stimulated. This way, it proves to increase libido in all genders. The only thing of concern here is the frequency of its usage. Chronic and too frequent use of the substance for achieving the results is not recommended.
18. Cannabis use proved to reduce road traffic accidents by 10 percent
Although people often use cannabis as a recreational drug, many say they have chosen to use it in place of the defamed substance, alcohol. This resulted in lesser fatality rates due to road traffic accidents. In 2013, scientists statistically evaluated that those states have legalized cannabis showed lesser fatality rates due to road traffic accidents than the rates of states with cannabis not legalized. The overall difference was 10 percent.
19. It declined crime rate, according to a study
Decriminalization of cannabis in several states has resulted in a decline of criminal activities. It is not just a table talk, and rather science has proved that. A group of scientists found that medical cannabis is shown to be effective in decreasing overall crime rates. Moreover, it specifically reduced crimes relating to assault and homicide. This study took place in 2014 for studying the relation between drug usage and crime rate.
20. You are less likely to get overdosed from its use
It is very ironical to find that there are drugs labeled legal that have toxic effects on the body if taken in exceeded dose. These substances include the famous nicotine and alcohol. In contrary to that, cannabis comes with extremely lesser toxicity than the aforementioned substances. In order to gain the same level of toxicity, the amount of cannabis would have to be multiplied to ten thousand which is practically not attainable. Scientists proved this in a study in 2015. It appears in the journal Nature.
21. CBD inhalers a great replacement therapy to smoking nicotine
According to a survey, scientists found that 40 percent of the smokers who wanted to quit smoking used cannabis inhaler as replacement therapy. They found that it helped them quit smoking quite effectively. Scientists conducted this study in 2013. They found, whenever these people wanted to smoke, they would puff the inhaler instead. It dramatically decreased their urge to smoke tobacco cigarettes afterward. The compound CBD works like a magic pill when it comes to getting rid of addictive and exceedingly harmful substances such as nicotine.
22. Cannabis legalization will improve the economy
There are many communities that have the potential to flourish well if given right the framework and opportunities to work in the betterment of the economy effectively. This includes giving them accessibility to resources and improving their skills.
To improve accessibility, it is up to the regulating bodies and law forming agencies to keep in mind the best interests of indigenous and underprivileged communities.
With the legalization of cannabis in underprivileged communities, the government would provide them the benefit to cultivate and then boost the growing economy in the emerging market. A study done in 2012 states that legalizing cannabis would generate a revenue of about 60 million dollars annually.
23. Cannabis can potentially prevent diabetes
A study from the scientists in the American Diabetes Association suggests THCV could show a new therapeutic substance in glycemic control in people with type 2 diabetes. As THCV is present in cannabis, it points towards the fact that medical cannabis is helpful in controlling type 2 diabetes too. THC activates peripheral cannabinoid receptors, which in return regulate lipid metabolism and pancreatic function.
24. Cannabis is also beneficial for fighting off viral infections
Cannabis does not only destroy tumor cells, but it also has the potential to fight off infection caused by a virus of a special type. According to a study, scientists found that the compound THC has the efficacy of 80 percent to fight off the infection caused by the Herpes simplex virus.
25. Cannabis is extremely useful for fighting off stress and anxiety
The scientists examined that endocannabinoids are associated with better moods in people. These are chemicals present in the brain and activate the same receptors as tetrahydrocannabinol. On rodent testing, the scientists concluded that endocannabinoids are not produced in sufficient quantities in people suffering from chronic stress. THC could fill up the scarcity and hence could be used as a substitute for the chemical. Not only that, it might help normalize the chemical function and reduce depressive disorder symptoms. Scientists conducted the study in 2015.
With this much beneficial information proved by scientists, it becomes illogical to simply ignore this wonder of a substance. However, with more effective communication among the regulating bodies and science experts, and more specific research, there are bright chances that cannabis comes off as a superhero it deserves to be in the global market. It is not impossible, however, it will take time.
Aurora Cannabis Is Getting Ready For Cannabis Legalization
Aurora Cannabis is currently working on building up accounts as it is looking forward to legalizing cannabis edibles and CBD infused products at the federal level the following winter season. However, it won’t be intruding its sale growth and work for making it profitable.
Aurora Cannabis plays a huge role in the industry because of certain reasons. It is a Medical Marijuana producer and supplier from Canada with little to no alternatives in the uprising industry. Secondly, it’s expected collaboration with Coca Cola is paving way for more popularity among the general public. Also, it has partnerships with intelligent brands who are working on technology that will cost less for more yield. All these factors synergistically act well together in making Aurora Cannabis the leading player in the industry so far.
The company is hoping to grow around twenty five thousand kilograms by the end of June this year. However, there will be a confidential amount of stock not available for sale in the market.
The finance management team of the brand is trying to instill advanced skills in the staff as the industry went through a number of challenges in the previous year.
Aurora Cannabis has been setting its eye on setting reforms in its revenue
With the start up launch of new products from the legalization, there will be a smoother road to drive on. It ultimately inspired the management to be shifting towards the idea of taking a minute quantity of revenue and placing it into the inventory. This way they will be able to invest into innovative products that will emerge in the industry.
There have been some obstacles in the way due to shortage in supplies and inactive launching of retail marijuana stores in Canada since October 2018. Ottawa has presumed that legalization of cannabis edibles, CBD infused products and other concentrates will occur this fall. However, the precise timing and the number is not yet disclosed by any representative. At this stage, Aurora is aiming to build up stocks comprising off all kinds of varieties in infused products, vape pens and edibles. They are also planning to incorporate a range of CBD beverages once the market has set up and gone to a larger scale.
Aurora has increased its production
In the later half of the quarter, Aurora increased its production for up to two times with a stock of 15,590 kg. Much of the cultivation was done in the same time. It took the overall capacity of the organization to an impressive level of 150,000 kg on annual scale.
The total revenue climbed to $29.6 million which counted as a 37 percent increase in the value. This exceeds the total medical revenue of $29.1 million. The price per gram of the dried items decreased down from $1.92 to $1.42. however, the average net selling cost decreased in addition to it to the final value of $6.40 per gram.
More companies like Aurora are looking up for ways and measures to spark up their production capacity of their products to stand as a big name in the industry. With Aurora having figured that issue out, it looks like they are already prepared for the big game.
The company faced some losses in the past year
However, things haven’t been always smooth for them as Aurora faced a $158-million loss on their revenue of $65 million in the spring of last year.
It is apparent that the shareholders are also looking forward to its increased production capacity as a way to standout in the market.
The maximum demand in the industry is somewhat not traceable up to this point. However, the Canadian market offers a big space for companies having the potential to grow. Experts claim that in the future, there is a big opportunity for Canada to import its cannabis products to other countries.
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