PALM BEACH, Florida, June 12, 2018 /PRNewswire/ —
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Medical marijuana has picked up considerable momentum after a U.S. Food and Drug Administration advisory panel unanimously recommended approval of GW Pharmaceuticals’ epilepsy medication, Epidolex. The panel recommended approval of the drug to treat two forms of epilepsy — Lennox-Gastaut syndrome and Dravet syndrome, which are the most difficult types of epilepsy to treat despite other currently available traditional medications. If the agency follows the recommendation, this would be the first cannabis-derived prescription medicine available in the U.S. and could be sold in the U.S. this year. Several other legitimate players in this medical marijuana sector include Scythian Biosciences Corporation (TSX-V:SCYB) (OTC:SCCYF), OrganiGram Holdings Inc. (TSX-V:OGI) (OTC:OGRMF), Corbus Pharmaceuticals (NASDAQ: CRBP), AbbVie Inc. (NYSE: ABBV) and Aphria Inc. (OTC:APHQF) (TSX: APH).
According to Aras Azadian, CEO of Avicanna, as quoted by Fluent Markets, “The Epidiolex results show further progress in the medical and evidence-based use of cannabinoids. This will help educate the medical community and help in convincing other clinicians to focus on cannabinoids as a possible treatment for other indications that it may be helpful for.”
Whether it be GW Pharmaceuticals’ childhood epilepsy medication, or Scythian Biosciences Corporation’s (TSX-V: SCYB) (OTC: SCCYF) cannabis-based treatment for traumatic brain injury, there is a clear need for medical marijuana among patients.
Medical Marijuana Changing the Way We Treat Patients
“Thirty states already permit some form of medical cannabis use, and several more are poised to approve it this fall – a sign this now-beloved industry has dramatically altered public opinion among both conservatives and liberals,” notes USA Today. “Among the most recent high-profile additions to the medical marijuana industry: former House speaker John Boehner, who is joining the Acreage board after decades of cannabis opposition.”
One of the many companies