{"id":1755,"date":"2018-07-27T23:22:33","date_gmt":"2018-07-27T23:22:33","guid":{"rendered":"https:\/\/www.medicalmarijuanainc.com\/?p=37448"},"modified":"2018-07-27T23:22:33","modified_gmt":"2018-07-27T23:22:33","slug":"cnbc-verdict-seeking-alpha-and-more-feature-news-from-medical-marijuana-inc","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2018\/07\/27\/cnbc-verdict-seeking-alpha-and-more-feature-news-from-medical-marijuana-inc\/","title":{"rendered":"CNBC, Verdict, Seeking Alpha, and More Feature News from Medical Marijuana, Inc."},"content":{"rendered":"

Medical cannabis for NFL players, decriminalization of CBD in Mexico, and CBD for Pets lead our headlines this week.<\/span><\/i><\/h3>\n

The Medical Marijuana, Inc. family of companies once again dominated the cannabis news cycle this week as our companies, brands, and spokespersons were included in media outlets from around the internet.<\/span><\/p>\n

Kannalife\u2122 Sciences Spokesperson Nick Lowery Interviewed This Week<\/span><\/h2>\n

Former NFL Pro Bowler and <\/span>Kannalife\u2122 Sciences<\/span><\/a> spokesperson Nick Lowery was interviewed once again by <\/span>The Cannabis Reporter<\/span><\/a> podcast. The interview centered around Chronic Traumatic Encephalopathy, a medical condition closely tied to repeated blows to the head. The condition is widespread among players in the NFL. <\/span><\/p>\n

Kannalife\u2122 Sciences is currently working to create cannabinoid-based protection and treatment options for those exposed to head injuries, including athletes, members of the military, and even domestic abuse survivors. <\/span><\/p>\n

In this interview, Lowery addresses the spread of CTE among NFL players and the call for access to medical cannabis for active NFL players. Although the NFL has pushed back, NFL alumni advocates have been joining together to put pressure on the league to revise its drug policy to allow use of cannabinoids therapeutically. <\/span><\/p>\n

Lowery then called in to CNBC\u2019s Power Lunch. During his interview Lowery hinted that the company is looking to go public. He also talked up Kannalife\u2122\u2019s patented molecules and their efforts to create novel new treatments for CTE and to disrupt America\u2019s opioid epidemic. <\/span><\/p>\n

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NFL Great Andre Reed Joins Kannaway Sports<\/span><\/h2>\n

This week, Medical Marijuana, Inc. subsidiary Kannaway announced that it had partnered with NFL Hall of Fame wide receiver Andre Reed as part of its Kannaway Sports initiative. Reed will provide a testimonial of his experience using Kannaway\u2019s unique line of CBD products. This testimonial, along with the testimonials of Kannaway\u2019s other partner athletes, will be available on the <\/span>Kannaway Sports site<\/span><\/a>. The purpose of Kannaway Sports is to promote the use of CBD products for professional and amateur athletes, as well as the general public, for a better quality of life. <\/span><\/p>\n

Medical Marijuana, Inc. Reacts to Shift in California Policy<\/span><\/h2>\n

In a surprise move, the California Department of Public Health has begun sporadically moving to halt certain businesses adding CBD to food products meant for human or animal consumption. The<\/span> OC Register<\/span><\/a> provided coverage of this ongoing situation this week. <\/span><\/p>\n

Industry insiders have been quick to fight back. On July 19, the trade group U.S. Hemp Roundtable <\/span>wrote a letter<\/span><\/a> to the state health department disputing the legality of the new guidelines. Others in the industry are preparing a potential lawsuit to challenge their new direction concerning CBD. <\/span><\/p>\n

In the OC Register article, Medical Marijuana, Inc. CEO Dr. Titus was interviewed. Dr. \u201cTitus said the guidelines came as a \u2018real surprise\u2019 to people in the industry. He believes the health department made some statements that aren\u2019t in line with the \u201cfull letter of the law,\u201d with industry experts anxious to educate state regulators.\u201d<\/span><\/p>\n

Despite this recent confusion, the hemp-based CBD market has boomed. According to the article, \u201cLast year, sales of CBD from hemp hit $190 million, according to market research firm New Frontier Data. By 2022, the market is projected to hit $646 million.\u201d<\/span><\/p>\n

In the article, Dr. Titus revealed \u201cthat even though the industry is disappointed at the state\u2019s current position on hemp-derived CBD, he\u2019s trying to stay positive.\u201d<\/span><\/p>\n

\u201cI think this represents really a tremendous opportunity to us in the industry to promote the health and wellness benefits of CBD,\u201d he said in the piece.<\/span><\/p>\n

This story was also picked up by <\/span>VerifiedTask<\/span><\/a> and <\/span>The Press\u2013Enterprise<\/span><\/a>. <\/span><\/p>\n

Mexico Moves to Decriminalize CBD<\/span><\/h2>\n

Just over the border in Mexico, lawmakers are looking to begin treating CBD like a health supplement, opening the door for CBD-infused bath and beauty products and other daily use CBD products, according to an article on <\/span>AZ Marijuana<\/span><\/a>. <\/span><\/p>\n

In the piece, the President of <\/span>HempMeds\u00ae<\/span><\/a>, Latin America, Raul Elizalde, said, \u201cA good point about this regulation in Mexico is that any product with a THC concentration higher than 1% can still be registered with the government, and sold as a prescription. But the best part is that [cannabinoids] with below 1% THC content can be in medicine, supplements, lotions, food, anything. This is very, very good for our country, and I think we\u2019re one of the very first in the world to take that path.\u201d<\/span><\/p>\n

Elizalde continued by saying, \u201cThe Mexican government understands that CBD is not a danger to public health, so regulating quantity just doesn\u2019t make sense. Usually people take around 60 mg per day for medicinal purposes, but studies showing no health risks have tested dosages of up to 250 mg per kilogram weight of the patient before researchers basically gave up.\u201d<\/span><\/p>\n

CBD for Pets<\/span><\/h2>\n

This week, an article in <\/span>Seeking Alpha<\/span><\/a> looked at the trending CBD market for pets and the role the veterinarian is meant to play in the decision of owners to administer CBD to their pets. <\/span><\/p>\n

“There’s a tremendous future in [medical marijuana for pets], and I believe as time goes on, they will serve a great use. But, at this point, we’re handcuffed.” a New Jersey veterinarian is quoted saying. “No one wants to take any risk. You don’t want to be the pioneer and risk your license.”<\/span><\/p>\n

According to the article, \u201cThings could be changing. A bill moving through the California legislature would protect that state’s vets from disciplinary action for discussing cannabis use on animal patients, and New Jersey lawmakers are in the early stages of considering something along similar lines.\u201d<\/span><\/p>\n

Medical Marijuana, Inc. is invested in the CBD pet market through portfolio company <\/span>Phyto Animal Health<\/span><\/a>, which retails a number of CBD and hemp products developed specifically for pets. Recently another Medical Marijuana, Inc. subsidiary, <\/span>Kannaway<\/span><\/a>, began distributing a line of CBD supplements for pets. Dante\u2019s Pure Hemp Oil was featured in coverage by <\/span>Oracle Dispatch<\/span><\/a>. <\/span><\/p>\n

Learn More<\/span><\/h2>\n

You can find more coverage of Medical Marijuana, Inc. and our family of companies <\/span>here<\/span><\/a>, or visit <\/span>our news feed<\/span><\/a> for the latest developments from our portfolio. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Medical cannabis for NFL players, decriminalization of CBD in Mexico, and CBD for Pets lead our headlines this week. The Medical Marijuana, Inc. family of companies once again dominated the cannabis news cycle this week as our companies, brands, and spokespersons were included in media outlets from around the internet. Kannalife\u2122 Sciences Spokesperson Nick Lowery […]<\/p>\n","protected":false},"author":1,"featured_media":1756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[164,163,23,162],"tags":[],"class_list":["post-1755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kannalife","category-kannalife-sciences","category-kannaway","category-media-coverage"],"yoast_head":"\nCNBC, Verdict, Seeking Alpha, and More Feature News from Medical Marijuana, Inc. - Medical Marijuana, Inc.<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CNBC, Verdict, Seeking Alpha, and More Feature News from Medical Marijuana, Inc. - Medical Marijuana, Inc.\" \/>\n<meta property=\"og:description\" content=\"Medical cannabis for NFL players, decriminalization of CBD in Mexico, and CBD for Pets lead our headlines this week. 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