Quickly checked Suda website for anything about CBD spray. Investor presentation only talks about a CBD spray. My understanding was that investment in CBD took off because people believed it had many benefits, less likely to be abused and did not have as many adverse effects as THC. The FDA has approved CBD for a particular purpose not THC1.
According to Zelda executive director Dr Stewart Washer, the hard part will be to convince doctors to prescribe cannabis products alongside established medicines. He says most of the companies are targeting purposes that only require low THC cannabis, such as for cosmetics. But pain relief requires THC and that’s where more clinical work is needed2.
Zelda is the highest risk because it’s in such early stage research. A breakeven point could literally be decades away (Tim Boreham}2. Also signifcant risk with Sleep3 and Autism4.
1https://www.fda.gov/newsevents/newsroom/pressannouncements/ucm611046.htm
2https://www.belldirect.com.au/smarter/insights/article/medical-marijuana-dont-inhale
3https://www.sciencedaily.com/releases/2016/10/161017155004.htm
4https://www.leafly.com/news/health/autism-and-cannabis-heres-what-the-science-says
