UK company raises £7.4m for medicinal cannabis research

A British biopharmaceutical company will be trialling the use of CBD and other hemp-based products for treating opioid addiction, as well as other conditions.

Beckley Canopy Therapeutics has raised £7.4m to carry out research into the use of various extracts from the cannabis plant in order to develop medicines for people suffering cancer-related pain. In comparison, the US  National Center for Complementary and Integrative Health (NCCIH) has said it would spend up to $1.5m to fund research on minor cannabinoids and terpenes in the cannabis plant as it relates to responses to pain.

It is also hoped that any new treatments will be used to help reduce the use of opioid-based painkillers – a possible application of CBD in which there is already a great deal of interest.

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      A British biopharmaceutical company will be trialling the use of CBD and other hemp-based products for treating opioid addiction, as well as other conditions.

      Beckley Canopy Therapeutics has raised £7.4m to carry out research into the use of various extracts from the cannabis plant in order to develop medicines for people suffering cancer-related pain. In comparison, the US  National Center for Complementary and Integrative Health (NCCIH) has said it would spend up to $1.5m to fund research on minor cannabinoids and terpenes in the cannabis plant as it relates to responses to pain.

      It is also hoped that any new treatments will be used to help reduce the use of opioid-based painkillers – a possible application of CBD in which there is already a great deal of interest.

      ...

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      Need help?

      Contact a sales representative right now and don’t wait

      Erik Galavis
      +34 654 320 547
      Email Erik