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IGC”) (NYSE American: IGC) announces today that it has completed Cohort 2 of its Phase 1 clinical trial on IGC’s tetrahydrocannabinol (“THC”)-based investigational new drug, IGC-AD1, intended to alleviate the symptoms of individuals suffering from Alzheimer’s disease. As previously disclosed, IGC submitted IGC-AD1 to the U.S. www.igcinc.us
DUBLIN–(BUSINESS WIRE)–The “Global Cannabis Market- Market Size & Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. million by 2030 at a CAGR of 23.9%, 2021-2030. Cannabis is no longer just utilized for its tetrahydrocannabinol (THC) effects of getting high.
The Alaska Department of Labor foresees marijuana cultivation steering all of the state’s industries regarding job growth between now and 2030. Hashish, hashish oil, and other preparations enriched with THC are still deemed to be Schedule III substances in Alaska. The report also highlighted an increase in edible consumption.
Since 2011, cannabis products that contain up to 1% THC are legal in Switzerland, leading to a growing market in “Cannabis Light” products. The pilot schemes will be limited to one municipality each, and can provide cannabis with up to 20% THC to a maximum of 5,000 registered participants at approved points of sale.
In the same vein, renowned entertainer, Don Jazzy, also urged the Gederal Government to take advantage of cannabis for export, saying that global cannabis industry was projected to hit about $200 billion in earnings by 2030. According to him, THC is the lipid in cannabis, which gives the high sensation noticeable in the display of smokers.
between 2022 and 2030. If the area isn’t humid enough, the cannabinoids and terpenes in your cannabis could eventually wither away. Consistent exposure to light and air will convert THCA into THC and THC into CBN. CBN is a cannabinoid that does not make you “high.”
Worldwide legal marijuana sales have more than tripled between 2014 and 2018 to almost $11 billion, and most analysts on Wall Street predict that legal weed could generate anywhere from $50 billion to $200 billion a year by the time 2030 rolls around. Most important, Crapo called for a 2% limit on tetrahydrocannabinol (THC) potency.
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