How Cannabis Could Turn the Opioid Epidemic Around

Those fortunate enough to only know the word “opioid” outside the context of personal tragedy may not realize what this addiction looks like up close. Opioid abuse is a scary-sounding statistic, with something to the tune of 19,000 Americans dying of overdose in 2014 alone, and a four-fold increase in opioid prescriptions written since 1999.

MMJ oral pill passes Phase 1 Clinical Trials

MMJ Phytotech (ASX:MMJ) has taken its first steps towards its end-goal of filing a New Drug Application (NDA) with the US Food and Drug Administration (FDA) in order to grow and supply medicinal cannabis. MMJ is the first medical grade cannabis company to be listed on the ASX, operating a ‘farm to pharma’ strategy that could see the company bloom into a pharmaceutical company with full supply chain integration.