Tag: CannabisBased

  • Oxford study to trial cannabis-based medicine as treatment for psychosis | Cannabis

    Oxford study to trial cannabis-based medicine as treatment for psychosis | Cannabis

    Oxford scientists are to launch a major global trial to investigate whether cannabis-based medicine can treat people with psychosis or psychotic symptoms.

    Currently, cannabidiol (CBD) is only prescribed for a small number of conditions. In the UK, for example, these include rare, severe epilepsy, and vomiting or nausea caused by chemotherapy.

    The international study will involve 35 centres, mainly in Europe and North America. It will be coordinated by the University of Oxford’s department of psychiatry, which has been awarded £16.5m by the charitable foundation Wellcome.

    “Cannabidiol is one of the most promising new treatments for people with psychosis,” said Oxford’s Prof Philip McGuire, who is leading the trial. “Many people with psychosis are open to trying cannabidiol and previous smaller-scale studies have indicated that it has beneficial effects.”

    CBD is one of the chemicals found in marijuana but it does not contain tetrahydrocannabinol (THC), the ingredient in marijuana which produces a feeling of intoxication.

    The stratification and treatment in early psychosis (Step) programme will involve 1,000 people, including those at clinically high risk of psychosis, people with a first episode of psychosis and patients with psychosis who have not responded to conventional treatment.

    Jazz Pharmaceuticals has supplied the CBD for the study at no cost. “As well as treating psychosis that is already established, the study will also investigate whether cannabidiol can prevent the onset of psychosis in people at high risk of developing it,” said McGuire. “This study could provide us with a new kind of treatment for psychosis and we are hugely grateful to Wellcome and Jazz Pharmaceuticals for helping to make it happen.”

    The form of cannabidiol that is being used in the study is Epidyolex, which is approved for some children and adults with epilepsy.

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    Lynsey Bilsland, the head of mental health translation at Wellcome, said: “This exciting programme will help us to find out if cannabidiol is effective at treating psychosis at various stages by testing it at scale.

    “While antipsychotics are commonly used to treat psychosis, they can have significant side effects, patients often stop taking them, and they don’t work for everyone. This means that it is important that we explore avenues such as this one for new therapies.

    “In addition, as part of these trials the researchers are aiming to identify biomarkers – biological signposts – which would indicate that a patient might respond well to the treatment. This will allow for greater personalisation of treatment in the future.”

  • Rising Patient Population, Growing Legalization Of Cannabis-Based CBD Products, & Entry Of International Players

    Rising Patient Population, Growing Legalization Of Cannabis-Based CBD Products, & Entry Of International Players

    Dublin, Dec. 23, 2021 (Globe NEWSWIRE) — The “Australia Legal Hashish Market place Dimension, Share & Developments Evaluation Report By Product Variety (Marijuana, Hemp), By Application (Healthcare Use, Industrial Use), And Segment Forecasts, 2021 – 2028” report has been included to ResearchAndMarkets.com’s giving.

    The Australia legal cannabis market dimensions is anticipated to achieve USD 375.7 million by 2028 and is expected to grow at a CAGR of 32.7{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} from 2021 to 2028

    The rising legalization of cannabis, growing affected person populace, increasing govt assist, and the availability of regional and global gamers in the place are some of the main factors boosting the country’s growth.

    In addition, the surge in healthcare cannabis creation owing to its expanding need in the pharmaceutical sector is further more propelling overall progress. The COVD-19 pandemic has negatively impacted the country’s progress charge thanks to supply chain constraints imposed thanks to nationwide lockdown.

    As of 2020, the hemp products sort phase held the biggest profits share. The market place development is attributed to the increasing adoption of hemp-primarily based merchandise for various healthcare and industrial purposes. The raising prevalence of epilepsy and other sleep ailments is aiding the product or service adoption therefore, positively contributing to the section growth.

    On the other hand, the marijuana phase is anticipated to be the speediest-escalating section during the forecast period owing to the rising legalization of these items for health care and adult use and raising purchaser change towards buying the products by means of lawful channels.

    The industrial software segment accounted for the vast majority share in 2020. Increasing need for hemp fibers and oil in the construction, foodstuff and beverage, particular care, automotive, and textile industries is aiding phase growth.

    On the other hand, the health-related application phase is envisioned to be the fastest-developing segment all through the forecast period of time owing to awareness with regards to overall health added benefits made available by hashish products and solutions for a variety of professional medical programs, such as stress and anxiety, long-term pain, sleep problem, and swelling.

    Australia Lawful Hashish Marketplace Report Highlights

    • The sector is predicted to increase properly by 2028 owing to the raising legalization of hashish in the country

    • The hemp solution sort segment dominated the market place in 2020 because of to the raising adoption of hemp-primarily based items

    • The industrial software section dominated the industry in 2020 owing to growing demand from customers for hemp-centered items for many industrial uses

    Australia Legal Hashish Industry: Variables, Traits & Scope

    Sector Driver Investigation

    • Growing Individual Populace

    • Developing Legalization Of Cannabis-Based mostly CBD Products and solutions

    • Entry Of International Players

    Sector Restraint Examination

    • Stringent Rules

    • Illicit Hashish Trade

    Market Challenge

    • Reduced market access to cannabis due to absence of legalization systems, main to smuggling

    • Incomplete evidence concerning the effectiveness of medical marijuana

    Regulatory Situation

    Marketplace Analysis – SWOT Investigation, By Aspect (Political & Authorized, Economic and Technological)

    Sector Assessment – Porter’s Evaluation

    Benefit Chain Investigation

    Australia Authorized Hashish Person Pool

    Firms Outlined

    • Auscann Team Holdings Ltd.

    • Cann Group Constrained

    • Bod Australia

    • Zelira Therapeutics

    • Althea Corporation Pty Confined

    • Thc World-wide Group Ltd. (Epsilon Health care)

    • Mgc Prescription drugs Ltd.

    • Ecofibre

    For much more information and facts about this report go to https://www.researchandmarkets.com/r/lfjafb

    Get in touch with: Speak to: ResearchAndMarkets.com Laura Wood, Senior Press Supervisor [email protected] For E.S.T Business office Hours Contact 1-917-300-0470 For U.S./CAN Toll Free of charge Phone 1-800-526-8630 For GMT Office Hrs Simply call +353-1-416-8900