NEW YORK, March 14, 2017 /PRNewswire/ --
FinancialBuzz.com News Commentary
According to Arcview Market Research, the regulated cannabis sales in North America totaled
$6.9 billion in 2016, which is a 30 percent increase from 2015. Sales are projected to increase to
$21.6 billion by the year 2021, representing a 26 percent compound annual growth rate. The data
also points out that if sales from the illegal markets are included in the calculations, then cannabis consumers in the United States and Canada spent over $53
billion in 2016. The difference in these sales figures indicate the potential strength if the legalization process and
decriminalization of cannabis continues. CURE Pharmaceutical Holding Corp. (OTC: CURR), Axim Biotechnologies Inc. (OTC: AXIM),
General Cannabis Corporation (OTC: CANN), Cannabis Sativa Inc. (OTC: CBDS), Medicine Man Technologies Inc. (OTC: MDCL)
Troy Dayton, CEO of Arcview Market Research said in a statement, "The enormous amount of
existing, if illicit, consumer spending sets cannabis apart from most other major consumer-market investment opportunities
throughout history; the cannabis industry doesn't need to create demand for a new product or innovation - it just needs to move
demand for an already widely-popular product into legal channels."
CURE Pharmaceutical Holding Corp. (OTCQB: CURR) announced yesterday after the market closed that, the U.S. Patent and
Trademark Office (USPTO) has granted Patent #9,561,182, covering the method of manufacture and method of use of the company's
proprietary oral thin film technology, for the administration of medicaments in order to treat animals.
"This patent adds an important aspect to our intellectual property portfolio, as it now ensures many of the same protections
we enjoy in human products to animal products, which can be used in a variety of contexts, from households with pets to farms,"
said Rob Davidson, CEO of CURE Pharmaceutical. "This is also further validation of our unique
approach to the development of oral thin film and our proprietary CureFilm technology."
"This action also represents an important expansion in the methodology, veterinarians may have, moving forward to deliver
important medicines to the animals for whom they care," added Greg Strathe, DVM, CURE
Pharmaceutical advisory board member, and co-owner SAHO, Small Animal Hospital of Owasso, Okla.
"The expansion of our ability to improve care continues to be a priority for those in veterinary medicine, and I believe that
this approach is a true innovation."
Axim Biotechnologies Inc. (OTCQB: AXIM) focuses on the research, development and production of cannabis-based
pharmaceutical, nutraceutical and cosmetic products. Its flagship products include CanChew Plus®, a CBD-based controlled release
chewing gum, and MedChew Rx®; a combination CBD/THC gum, that will be undergoing clinical trials for the treatment of pain and
spasticity associated with multiple sclerosis. Axim Biotechnologies recently enrolled 40 patients to begin Phase II Trial, for
the treatment of Irritable Bowel Syndrome (IBS) with CanChew Plus® cannabidiol chewing gum. Selected from a pool of over 400
patients, 40 trial patients aged 18-65 will be subject to a randomized, double-blind, cross-over trial of 8 weeks. Patients will
receive a maximum 6 chewing gums per day, either containing 50 mg of cannabidiol per chewing gum, in case of the CanChew chewing
gum, or a placebo chewing gum.
General Cannabis Corporation (OTCQB: CANN) is a resource company for the highest quality service providers, available
to the regulated Cannabis Industry. The company lease growing space and related facilities, such as commercial real estate and
equipment, to licensed marijuana business operators for their production needs. Also, they pursue ancillary business products,
regulatory compliance consulting, and advanced logistical support for grow operations. Its subsidiary, Iron Protection Group,
provides security and training services to government agencies, multinational corporations, diplomats, dignitaries and non-profit
organizations, both domestic and abroad. Iron Protection Group encompasses all things related to protection, from training
individuals in the art of manipulating a firearm, all the way to providing a personal security detail for any security needs.
Cannabis Sativa Inc. (OTCQB: CBDS) through its subsidiaries, develops, manufactures, and sells herbal based skin care
products in the United States and internationally. It offers herbal based line of products, such
as Go Deep, a deep penetrating healing salve that reduces pain and inflammation when massaged into
muscles, ligaments, tendons, and joints; Go Deep EXTRA, a deep penetrating pain relief ointment for use in mitigating migraine
and sinus headaches; Face Garden, an antioxidant and moisturizing cream for the face; Body Garden, a moisturizing body lotion;
and Lip Garden, an emollient balm. The company also engages in the research, development, and licensing of natural cannabis
products comprising cannabis formulations, edibles, topicals, strains, recipes, and delivery systems.
Medicine Man Technologies Inc. (OTCQB: MDCL) provides consulting services for cannabis growing technologies and
methodologies, as well as retail operations of cannabis products. The Company focuses on providing assistance to its clients, in
various businesses related to the cannabis industry, including cultivation; the dispensary business model, including combinations
and other variables related to the retail model configuration of both a medical, as well as adult use (recreational) operation,
and other areas, including but not limited to business plan generation, financial pro forma generation, application generation
support, recommendations for other service providers, employee training and facility design services. It offers a separate
cultivation or dispensary license and other related consultative services. It offers both pre-license consulting, as well as
licensure services that generally tie to the size of the proposed business venture.
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