The mind numbing pain of waiting for Government approvalsNot sure where True Leaf is heading. They have an eclectic band of super marketing talent and pet loving social media people but are bogged down by the slow pace of procuring government Licences and legality of producing and marketing cannabis containing pet products, outside the realm of having to obtain a drug registration number for each of the products. Basically no CBD/THC products for pets are legal in Canada yet, as far as I can determine. They might score a first market opening in a USA state. There will be some serious cash burn and stock dilution to survive the inevitable delays to get cannabis products into a legal pet product market in Canada, but maybe some great early opportuniites might arise elsewhere in the world first. Expect some battles from the vet societies to make sure product safety and efficacy trials have been completed and federally approved and then a move to define what requires vet prescriptions or might be over the counter at a pet shop.
Extract From Canadian Veterinary Medical Association Oct. 3/2018
“Further research is recommended to improve our understanding of the safety and effectiveness of cannabis in veterinary medicine. For now, cannabis of any type is not approved for use in animals and giving products to your pet may have unknown side effects and unproven effectiveness. Exposing them to THC-rich cannabis products could put them in a critical medical crisis that requires prompt and appropriate medical treatment.
It is important to note that although veterinarians are currently not legally allowed to prescribe any cannabis products to pets however, pet owners who choose to use cannabis products for their pets, are encouraged to discuss their use with their veterinarian. Although veterinarians cannot prescribe cannabis, they can provide pet owners with information on the emerging published studies as they become available, help to avoid potential drug interactions, and provide guidance on how to recognize and reduce the risk of adverse effects and toxicity.”