Alzheimers – MJ Shareholders https://mjshareholders.com The Ultimate Marijuana Business Directory Wed, 03 Nov 2021 12:00:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 Silo Pharma’s Sponsored Research Agreement with Columbia Could Yield a New Alzheimer’s Disease Treatment https://mjshareholders.com/silo-pharmas-sponsored-research-agreement-with-columbia-could-yield-a-new-alzheimers-disease-treatment/ Wed, 03 Nov 2021 12:00:25 +0000 https://www.cannabisfn.com/?p=2935781

Ryan Allway

November 3rd, 2021

Psychedelics, Top Story

Alzheimer’s disease is the sixth leading cause of death in the U.S. and a leading cause of disability and poor health. By 2050, iHealthcareAnalyst projects the number of people suffering from AD will reach 14 million in the U.S. alone. Yet, despite significant investment in clinical trials, the FDA has only approved two types of medications to treat cognitive symptoms.

iHealthcareAnalyst reckons that the global market for AD treatments will reach $25 billion by 2027, representing a staggering 17.5% compound annual growth rate. Moreover, if a therapeutic successfully halts or reverses AD, the potential market could become much larger given that AD care costs exceed $200 billion per year in the U.S. alone.

Most clinical trials focus on the amyloid and tau hypotheses, which blame brain plaques and tau proteins for the disease. Unfortunately, several large Phase III clinical trials focused on these areas have failed. The good news is that there’s a new crop of research focused on alternative therapeutics to halt or slow the progression of the disease.

Let’s take a look at cutting-edge research out of Columbia University and the development-stage biopharmaceutical company with an option to license the results.

Click here to receive investor information and corporate updates

Combination Therapeutics with Ketamine

Silo Pharma Inc. (OTCQB: SILO), a development-stage biopharmaceutical company focused on psychedelic therapeutics, recently entered a sponsored research agreement with Columbia University that could revolutionize the treatment of Alzheimer’s disease and other diseases related to memory loss or cognitive aging processes.

Dr. Christine Ann Denny, Associate Professor of Clinical Neurobiological at Columbia University’s Irving Medical Center, and her team are researching the molecular mechanisms underlying learning and memory. In particular, the team is pioneering research into whether drug combinations that incorporate ketamine might halt or reverse AD and related diseases.

Dr. Denny at her research lab at Columbia University. Source: Columbia University

Under the terms of the sponsored research agreement, Silo Pharma has an option to license certain assets that are currently under development, including Alzheimer’s disease-related inventions. With Big Pharma pouring billions into clinical trials in the space, a successful research outcome could create tremendous value for shareholders.

Following in Spravato’s Footsteps

Ketamine has become a breakthrough treatment for depression and suicidal ideations seemingly overnight. For example, Spravato (esketamine) became the first approved medicine to mitigate depressive symptoms within 24 hours. By comparison, conventional antidepressants take days or weeks to take effect with mixed results.

In the same way, ketamine-based therapeutics could revolutionize Alzheimer’s disease treatments. Memantine, a non-competitive NMDA receptor agonist with a similar pharmacological profile to ketamine, is already one of the most prescribed and investigated drugs for AD patients. However, ketamine has been largely ignored despite its unique potential to treat AD.

Click here to receive investor information and corporate updates

For example, memantine exhibits some antidepressant effects, but it has failed to produce the rapid antidepressant effect of ketamine. As a result, it stands to reason that ketamine’s antidepressant and procognitive effects aren’t entirely shared with memantine. Indeed, researchers point out several pathways that ketamine uniquely employs to combat AD, potentially enhancing treatments.

Looking Ahead

Alzheimer’s disease is a massive problem affecting populations worldwide, making it an enormous multi-billion dollar market.

Silo Pharma Inc.’s (OTCQB: SILO) recent sponsored research agreement with Columbia University targeting AD could be transformative for shareholders. If successful, the company has the option to acquire a new class of blockbuster drugs developed by the Columbia University team.

In addition to its AD research, the company has two drug candidates, two homing peptides for CNS and arthritis/inflammation, as well as two topical psychedelics with patented Zpod technology. With diversification across multiple medical conditions, shareholders benefit from greater diversification and long-term upside potential.

Learn more by visiting the company’s website or downloading their investor presentation.

Disclaimer

The above article is sponsored content. CannabisFN.com and CFN Media, have been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

]]> Pascal Biosciences Provides Year-End Investor Update and Reviews Upcoming Milestones https://mjshareholders.com/pascal-biosciences-provides-year-end-investor-update-and-reviews-upcoming-milestones/ Thu, 20 Dec 2018 20:39:55 +0000 http://www.cannabisfn.com/?p=2117445

Ryan Allway

December 20th, 2018

– 2018 pipeline expansion includes lead cannabinoid-based cancer therapeutic
– Clinical trial in glioblastoma to begin in 2019

VANCOUVER, British Columbia and SEATTLE, Dec. 20, 2018 (GLOBE NEWSWIRE) — Pascal Biosciences Inc. (TSX.V:PAS) (“Pascal” or the “Company”), a drug discovery and development company, today announced a year-end review of accomplishments during 2018 and insight into plans for 2019.

“Pascal today is a much different company from that of just a year ago. We have two promising cannabinoid therapeutic programs close to clinical evaluation, secured a Schedule I research license for cannabinoid research and have strengthened our leadership team to support our development efforts,” said Dr. Patrick Gray, CEO of Pascal. “We look forward to beginning clinical evaluation of our product ST-403 in glioblastoma and further advancing our promising cannabinoid research efforts in the coming year.”

2018 Highlights

Research:

  • Announced discovery that cannabis contains compounds capable of stimulating the immune system to destroy tumor cells. While cannabinoids have long been known to be helpful in treating cancer symptoms like nausea and pain, Pascal was the first to identify a mechanism in which cannabinoids may provide a direct benefit in immunotherapy. We believe certain cannabinoids may activate the immune system to destroy cancer cells and hopefully improve the efficacy of checkpoint inhibitors, the most exciting class of new therapeutics. Pascal is planning to test select compounds in volunteers and patients.
  • Received a US Drug Enforcement Administration (DEA) Schedule I Research license to enable cannabinoid research work. Very few research organizations obtain a Schedule I license and most are universities. Obtaining the license is a very rigorous process and enables Pascal to conduct research on cannabinoids, to develop a cannabinoid product, and to conduct clinical trials on cancer patients.
  • In October Pascal licensed a cannabinoid-based product for the treatment of glioblastoma and brain metastases. Glioblastoma is a devastating disease that strikes 15,000 patients each year in North America, and the median survival rate is only 12 to 17 months. Our compound is very effective in a mouse model of glioblastoma, and Pascal plans to begin human clinical studies in 2019.  This program is the culmination of 20 years of effort by renowned cannabis researcher Dr. Nephi Stella, founder and co-director of the University of Washington Center for Cannabis Research. Dr. Stella is now a consultant for Pascal, and he has been very helpful with both of Pascal’s cannabinoid programs.

Additions to Board and Management Team:

  • Julie Eastland was appointed to the Pascal Board of Directors this summer. Julie is an accomplished financial executive, with more than 25 years of experience in public and private biotechnology companies. Most recently she was Chief Business Officer and Chief Financial Officer of Cascadian Therapeutics, where she negotiated and managed their acquisition by Seattle Genetics, in a deal valued at $810M. Julie has the financial and corporate development experience that Pascal needs going forward.
  • Pascal strengthened its leadership team with the appointments of accomplished executives in therapeutic and business development. This includes Kevin Egan, Vice President of Business Development. He has been in biotech for over 30 years and has a proven track record of negotiating partnering, licensing, and outsourcing deals.  Dr. Tom Deckwerth, Vice President of Therapeutic Development, has 20 years of industrial experience in therapeutic development.  And Dr. Larry Tjoelker, Vice President of Research, has over 25 years of research experience in the biotechnology industry.

“The extensive experience of Julie, Kevin, Tom, and Larry will be invaluable as we advance our leading cannabinoid-based programs and explore strategic opportunities,” said Gray.

Looking ahead to 2019

Pascal is targeting to initiate clinical trials of ST-403 in glioblastoma next year. Manufacturing efforts have already begun, and formulation, safety studies, and clinical studies are all being planned with a strict timeline.

Second, Pascal has put much effort into its immune-stimulatory cannabinoid program in collaboration with our founder Dr. Wilf Jefferies at the University of British Columbia. This work will be published in peer-reviewed scientific articles, and you will hear a lot more about this program going forward, including plans for studies in human volunteers and patients.

“The world of drug development is exciting and promising, but it is also costly and time consuming. Along with the risk, there is great value in a successful product that provides benefit to patients,” said Gray. “While we are at an early stage in this process, we have the faith and enthusiasm that we will be successful. And we are driven by the knowledge that patients need a cure.  Patients and their families contact us to ask when they can be tested—this is the reason we come to work each day, and this is the reason we are driven to make our products available as quickly as possible.”

About Pascal Biosciences Inc.

Pascal Biosciences is a biotechnology company focused on advancing innovative approaches for the treatment of cancer including cannabinoid-based therapeutics and targeted therapies. The company’s leading cannabinoid portfolio comprises a small molecule therapeutic, ST-403, that is advancing into clinical trials for the treatment of glioblastoma, and an immuno-stimulatory molecule. In addition, Pascal Biosciences is developing a B-cell targeted antibody for acute lymphoblastic leukemia and an antibody for calcium channels expressed by the immune system. For more information, visit www.pascalbiosciences.com.

Investors:
[email protected]
Tel: 206-221-3443

Media Contact:
Julie Rathbun
Tel: 206-769-9219

DISCLAIMER
Certain statements in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including without limitation statements containing the words “believe”, “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect” and similar expressions. Such forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments express or implied by such forward-looking statements or information. Such factors include, among others, our stage of development, lack of any product revenues, additional capital requirements, risk associated with the completion of clinical trials and obtaining regulatory approval to market our products, the ability to protect our intellectual property, dependence on collaborative partners and the prospects for negotiating additional corporate collaborations or licensing arrangements and their timing. Specifically, certain risks and uncertainties that could cause such actual events or results expressed or implied by such forward-looking statements and information to differ materially from any future events or results expressed or implied by such statements and information include, but are not limited to, the risks and uncertainties that: products that we develop may not succeed in preclinical or clinical trials, or future products in our targeted corporate objectives; our future operating results are uncertain and likely to fluctuate; we may not be able to raise additional capital; we may not be successful in establishing additional corporate collaborations or licensing arrangements; we may not be able to establish marketing and the costs of launching our products may be greater than anticipated; we have no experience in commercial manufacturing; we may face unknown risks related to intellectual property matters; we face increased competition from pharmaceutical and biotechnology companies; and other factors as described in detail in our filings with the Canadian securities regulatory authorities at www.sedar.com. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements and information, which are qualified in their entirety by this cautionary statement. All forward-looking statements and information made herein are based on our current expectations and we undertake no obligation to revise or update such forward- looking statements and information to reflect subsequent events or circumstances, except as required by law.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release”

pascallogo.jpg

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

]]> Canntab Nears Commercialization with Innovative Cannabis Tablets https://mjshareholders.com/canntab-nears-commercialization-with-innovative-cannabis-tablets/ Wed, 28 Nov 2018 20:32:38 +0000 http://www.cannabisfn.com/?p=1984598

Ryan Allway

November 28th, 2018

Uncategorized

The global cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, representing a blistering 34.6 percent compound annual growth rate. With medical and adult-use legalization across a growing number of countries, there’s an enormous opportunity for innovative companies to become established market leaders and patients to access new life-changing medications.

A key problem facing the medical cannabis industry is dosing and consistency. Unlike pharmaceuticals, medical cannabis is typically prescribed in a smokable form that can produce inconsistent effects between patients. Many pharmaceuticals also offer extended release and features that can make the medicine more efficacious.

Canntab Therapeutics Ltd. (CSE: PILL) (FSE: TBF1) is an emerging leader in solid oral dosage cannabis formulations, which are designed to make cannabinoid dosing more accurate and reliable, for physicians and their patients benefit. Investors may want to take a closer look at the company given its robust product portfolio and growing distribution network.

Strong Product Portfolio

Canntab has made tremendous progress building an intellectual property portfolio with 13 patents pending in the United States and Canada related to its formulations of cannabis tablets, including instant release, extended release, flash melt, and bi-layer products available in 2.5mg, 5mg, and 10mg tablets. These products will address a key shortcoming in cannabis-based medications—a lack of precise, dose-controlled formats supported by pharmacokinetic, dosing, and clinical data to ensure safety and efficacy.

Last year, the company announced an exclusive agreement with Emblem Corp. (TSX-V: EMC) to develop cannabis-based oral sustained release formulations. The partnership received Health Canada’s approval for research and development activities, and dissolution testing showed that the extended release tablets delivered cannabinoids consistently over a 12-hour period. The team plans to file dossiers with regulatory agencies around the world.

In addition to these agreements, Health Canada recently approved the company’s 420 Therapeutics brand of cannabis wellness capsules that are made from purified organic hemp seed oil. These capsules are an easy and convenient way to realize the health benefits of hemp oil, while setting the stage for the company’s long-term goal of manufacturing full spectrum hemp-derived cannabidiol (CBD) oil.

Joint Venture Distribution

Canntab has signed a number of joint venture agreements around the world to distribute its products to patients across many jurisdictions.

The company announced a non-binding letter of intent with NewCanna SAS of Bogota, Colombia to establish a significant bilateral relationship for the sale and distribution of its products. Under the agreement, NewCanna will distribute products across Colombia, Chile, Paraguay, and Spain in exchange for a one-time, non-refundable license fee of $2 million payable to Canntab after the agreement is finalized.

More recently, the company announced a non-binding letter of intent with Labsco Promedic SA of Monterrey, Mexico to establish a new distribution channel in Mexico. Under the terms of the agreement, the companies will work together to formalize a joint venture before the end of the year and launch products within the next five years. Mexico could become a significant market given the government’s recent liberalization of cannabis laws.

Looking Ahead

Canntab Therapeutics Ltd. (CSE: PILL) (FSE: TBF1) is rapidly approaching commercialization with new distribution channels in place. In addition, the company recently filed an application to become a licensed producer under Health Canada’s ACMPR program. If approved, the new designation would enable the company to manufacture products at its current production facility with minimal additional capital expenditure as compared to a new purpose-built facility.

With an excellent cap structure and no need for short-term financing, investors may want to take a closer look at the company as it gears up for commercialization. The potential approval of its tablets and new license from Health Canada could prove to be significant catalysts, while new joint venture agreements could pave the way to near-term income.

For more information, visit the company’s website at www.canntab.ca.

Disclaimer

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

]]> Pascal Biosciences Announces Optimization of Cannabinoid-Derived Drug Candidates to Kill Glioblastoma Cells https://mjshareholders.com/pascal-biosciences-announces-optimization-of-cannabinoid-derived-drug-candidates-to-kill-glioblastoma-cells/ Mon, 05 Nov 2018 16:42:49 +0000 http://www.cannabisfn.com/?p=1851404

Ryan Allway

November 5th, 2018

News, Press Releases

VANCOUVER, British Columbia and SEATTLE, Nov. 05, 2018 (GLOBE NEWSWIRE) — Pascal Biosciences Inc. (TSX.V:PAS) (“Pascal” or the “Company”), a drug discovery and development company, today announced the peer reviewed publication and upcoming presentation of their recently licensed cannabinoid-derived drug program for glioblastoma. Dr. Stella and colleagues are publishing their work today in the European Journal of Medicinal Chemistry(Vol.159), a peer reviewed journal with a high impact value. These results will be presented at the 23rd Annual Meeting of the Society for Neuro-Oncology in New Orleans, on Saturday, November 17, 2018 (Poster # DDIS-12).

The findings, titled: “Modified carbazoles destabilize microtubules and kill glioblastoma multiform cells,” summarize research headed by Dr. Nephi Stella, founder and co-director of the University of Washington Center for Cannabis Research. This work details the discovery of compounds based on cannabinoids, and follows their chemical optimization into potent tumor killing agents.

“Our compounds kill tumor cells derived from patients with glioblastoma,” said Dr. Stella. “I’m excited to see Pascal rapidly advancing this promising program, as it has great potential to help patients diagnosed with glioblastoma, brain metastases and other devastating cancers.”

“This work is covered by intellectual property licensed by Pascal, resulting in the next generation of cannabinoid-based therapeutics for treating devastating brain cancers,” said Dr. Patrick Gray, CEO of Pascal. “We are eager to begin clinical trials for our first therapeutic next year, and Dr. Stella’s vast expertise will also advance our other cannabinoid programs.”
Pascal recently licensed the portfolio of cannabinoids and related compounds synthesized by Dr. Stella at the University of Washington and Dr. Philippe Diaz of the University of Montana. Pascal is advancing its lead candidate ST-403 into clinical trials, which are targeted to begin in 2019.

About ST-403 and Glioblastoma

ST-403 is a mitosis inhibitor that blocks cell division. Drugs of this class disrupt microtubules, which are the structures that pull chromosomes apart during cell division. There are several mitotic inhibitors approved for cancer treatment, including paclitaxel and vinblastine, and they have substantial benefit on solid tumors when combined with other chemotherapeutics. However, unlike ST-403, none of these agents cross the blood brain barrier and therefore have no activity on glioblastoma or other brain cancers.

Glioblastoma multiforme is a devastating disease for patients with limited treatment options due to the high rate of recurrence and aggressive tumor growth. According to the National Brain Tumor Society, glioblastoma strikes about 15,000 patients each year in North America with a median survival rate of 12 to 17 months. Therapies to treat glioblastoma are limited to surgery, radiation and chemotherapy, and more recently tumor treating fields. The only chemotherapeutic approved for glioblastoma is temozolomide, which was developed over 50 years ago and extends survival by only two months. Temozolomide kills tumor cells by causing DNA damage, a mechanism that is different from ST compounds. Temozolomide is now off patent protection, but previously had sales over $1B per year, so the commercial potential of ST-403 may be significant.

About Pascal Biosciences Inc. 

Pascal Biosciences is a biotechnology company focused on advancing innovative approaches for the treatment of cancer including cannabinoid-based therapeutics and targeted therapies. The company’s leading cannabinoid portfolio comprises a small molecule therapeutic, ST-403, that is advancing into clinical trials for the treatment of glioblastoma, and an immuno-stimulatory molecule. In addition, Pascal Biosciences is developing a B-cell targeted antibody for acute lymphoblastic leukemia and an antibody for calcium channels expressed by the immune system. For more information, visit www.pascalbiosciences.com.

On Behalf of the Board of Directors
Dr. Patrick W. Gray, President &CEO

Investors:
invest@pascalbiosciences.com

Media Contact:
Julie Rathbun
Tel: 206-769-9219

DISCLAIMER
Certain statements in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including without limitation statements containing the words “believe”, “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect” and similar expressions. Such forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments express or implied by such forward-looking statements or information. Such factors include, among others, our stage of development, lack of any product revenues, additional capital requirements, risk associated with the completion of clinical trials and obtaining regulatory approval to market our products, the ability to protect our intellectual property, dependence on collaborative partners and the prospects for negotiating additional corporate collaborations or licensing arrangements and their timing. Specifically, certain risks and uncertainties that could cause such actual events or results expressed or implied by such forward-looking statements and information to differ materially from any future events or results expressed or implied by such statements and information include, but are not limited to, the risks and uncertainties that: products that we develop may not succeed in preclinical or clinical trials, or future products in our targeted corporate objectives; our future operating results are uncertain and likely to fluctuate; we may not be able to raise additional capital; we may not be successful in establishing additional corporate collaborations or licensing arrangements; we may not be able to establish marketing and the costs of launching our products may be greater than anticipated; we have no experience in commercial manufacturing; we may face unknown risks related to intellectual property matters; we face increased competition from pharmaceutical and biotechnology companies; and other factors as described in detail in our filings with the Canadian securities regulatory authorities at www.sedar.com. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements and information, which are qualified in their entirety by this cautionary statement. All forward-looking statements and information made herein are based on our current expectations and we undertake no obligation to revise or update such forward- looking statements and information to reflect subsequent events or circumstances, except as required by law.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release”

pascallogo.jpg

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

]]> Bloomberg Interviews FSD Pharma for Cannabis Shortage Feature https://mjshareholders.com/bloomberg-interviews-fsd-pharma-for-cannabis-shortage-feature/ Tue, 30 Oct 2018 13:20:01 +0000 http://www.cannabisfn.com/?p=1810228

Ryan Allway

October 30th, 2018

News, Top News

Canada may have legalized adult-use cannabis on October 17, but that doesn’t mean consumers are able to purchase the drug. According to Bloomberg, there are widespread shortages across the country, despite an ample supply of licensed producers awaiting approval from Health Canada. Many of these licensed producers have been waiting a year or more after completing all of the requirements to receive a license.

“We’re biting our nails and I think our shareholders are biting their nails, too,” said FSD Pharma Inc. Director Anthony Durkacz to Bloomberg. “We want to be supplying.”

There are just over 130 approved licensed producers (cultivators) across Canada, but only 78 of those companies are licensed to actually sell cannabis. With more than 600 applicants in various stages of review, there is significant pressure on Health Canada to work through its backlog and even out supply and demand. The agency has so far hired 300 additional staff members to help resolve the issue in a timely manner.

In this article, we will take a closer look at these dynamics and why FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) could be a great opportunity for investors in the space.

Unknown Demand Curve

Canopy Growth Corp. (TSX: WEED) CEO Bruce Linton told Bloomberg that the core problem was an unknown demand curve. In the other words, nobody knew how much recreational demand there would be at the onset and everyone was caught off-guard. Canopy Growth shipped about one million grams of medical cannabis during its first four years, but the company expects to ship the same amount of adult-use cannabis in just four weeks.

Many provinces have struggled to receive the cannabis that they were promised by licensed producers under their supply agreements. Chara Goodings, a spokeswoman for the government regulator that’s overseeing sales in Alerta, told Bloomberg that “very few” licensed producers have been able to deliver what they agreed upon. Many have faced issues of their own, including a lack of qualified greenhouse workers.

While the short-term solution could involve some tough decisions, such as allowing legal retailers to sell products sourced from the black market, many investors in the 600+ applicants are hoping that the application process speeds up considerably to help meet demand in a completely legal fashion. Investors in existing licensed producers are also hoping that supply problems will be quickly resolved to avoid any disruption.

Targeting Multiple Markets

FSD Pharma is well positioned to become a leading producer of cannabis once it receives its sales license from Health Canada. With a former Kraft facility as its headquarters, the company already has 3.8 million sq. ft. of grow space that’s strategically located on 72 acres of land near Toronto. Auxly Cannabis Group’s (TSX-V: XLY) $55 million capital infusion will also fund the development of a 220,000 sq. ft. space for cultivation and extraction.

Many licensed producers aim to capitalize on the burgeoning adult-use market, but others don’t see the near-term supply issues remaining forever. Medical cannabis will always be higher margin than adult-use cannabis because it involves a much stricter quality control process backed by strong research and development. Some licensed producers are taking a diversified approach to the market by targeting both adult-use and medical cannabis.

FSD Pharma recently announced a binding letter of intent to acquire Therapix Biosciences Ltd. (NASDAQ: TRPX) to bolster its high-margin pharmaceutical business. In addition to the novel cannabinoids acquired through this transaction, the company has an agreement with Canntab Therapeutics Ltd. (CSE: PILL) to provide 10,000 sq. ft. of space to produce its novel oral cannabinoid delivery platforms in exchange for a slice of the revenue.

Looking Ahead

FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) represents a compelling investment opportunity within the cannabis industry. With the supply shortage in Canada, the company’s massive facility could capture a meaningful piece of the market once Health Canada approves its sales license. Investors should also keep an eye on its many joint ventures and partnerships within the medical space as a way to diversify.

For more information, visit the company’s website or download their investor presentation.

Disclaimer 

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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