A new published clinical study out of Israel offers scientific evidence that the therapeutic use of cannabis can be a safe and effective treatment for elderly people, and is often a factor leading to the decreased use of other drugs, including opioids.
Cronos Group Inc. (TSX-V: MJN) (OTC – Nasdaq Int'l Designation: PRMCF) ("Cronos" or the "Company") is pleased to announce that its previously announced strategic joint venture ("Cronos Israel") with Kibbutz Gan Shmuel ("Gan Shmuel") for the production, manufacture, and global distribution of medical cannabis, has been approved by the TSX Venture Exchange.
From Canada to Germany, the legal cannabis market continues to be one of the most attractive investment opportunities.
The legalization trend throughout the world has created significant opportunities for companies levered to the growth of this industry and we highlighted five companies that are leading this charge.
Five Cannabis Firms Leading the Global Movement
For more than 50 years, Israeli scientists have been researching the medical benefits associated with cannabis and the country’s pro-cannabis standpoint has made it attractive to several cannabis-focused biotech firms.
Although the Israeli cannabis research and development efforts are unmatched by any country, the growth of the North American cannabis industry has caught Israel’s attention.
2017 has been a year to remember for the stock market and we are not even at the halfway point…
From Israel to Canada, from the U.K. to the U.S., we continue to see life-changing developments within the biotech industry. The culprit for these incredible developments is not who most would expect though. The reason why is not due to it being new. It is because it is illegal.
The biotech sector will be one of the greatest beneficiaries of the global cannabis movement and investors can find a lot of opportunities within this industry.
Although firms focused on developing cannabis-based treatments are some of the highest quality opportunities, several have recently been under pressure.
Israeli Biotech Firm Falls from Highs
The cannabis sector continues to produce astonishing returns and the current rally is not showing any signs of slowing down as volume continues to remain elevated.
From Israel to Canada, the United States to Germany, cannabis stocks are on fire and we continue to monitor this moves closely.
Capitalizing on a Cannabis Revolution
The history of cannabis dates back thousands of years. Archeologists found cannabis seeds inside Siberian burial mounds from 3000 B.C. Thousands of years ago, the Chinese used cannabis as a medicine. The United States is in the middle of a marijuana revolution and 40 states have legalized some form of marijuana. This revolution, however, is not just taking place in the United States. We are seeing marijuana reform taking place all around the world.
The Israeli cannabis research and development efforts are unmatched by any other country. Researchers at Tel Aviv University conducted a study on rats with mid-femoral fractures and were able to determine that cannabidiol (CBD), a non-psychotropic component of cannabis, can help heal bone fractures.
Dr. Yankel Gabet, of the Bone Research Laboratory in the Department of Anatomy and Anthropology at Tel Aviv University issued the following statement:
A revolutionary cannabis based product recently entered the Colorado cannabis industry and many people have referred to it as the “Adderall of marijuana”.