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Plus, pharma giant seeks FDA approval for this groundbreaking treatment.
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Happy Wednesday Cannabis Investors, and welcome to the cannabis newsletter from Benzinga. The goal of this newsletter is to keep you up-to-date on the fast-moving world of cannabis investing. How? By providing super high-quality content directly to your inbox everyday.
For example, today we’re talking about Johnson & Johnson’s game-changing nasal spray containing ketamine.
In addition to this top story, we’ve also got a daily mix news, analysis, regulatory updates, and much more.
If there are any other ways we can make your life easier, please reply to this email to let us know. Also, if you don’t think this will be a valuable daily resource, you can scroll to the bottom to unsubscribe.
TOP STORY
Briefly: In a groundbreaking move, pharmaceutical giant Johnson & Johnson has submitted a request to the FDA for the approval of its esketamine nasal spray, a promising treatment for those battling treatment-resistant depression.
So: What makes esketamine unique, and how could it change the landscape of depression treatment? What are the potential benefits and risks associated with this new therapy? As we await the FDA's decision, the medical community and patients alike are buzzing with anticipation.
Why It Matters: This innovative therapy has the potential to revolutionize mental health care, offering hope to millions who have not found relief with traditional treatments.
Dive into our detailed analysis to explore the potential impacts of this cutting-edge treatment and what it means for the future of mental health.
PRESENTED BY BAYMEDICA
With society’s growing acceptance of cannabis consumption, a segment that has risen in popularity is edibles, which are simply products containing cannabinoids that one can eat or drink. While edibles containing cannabinoid compounds, such as THC (tetrahydrocannabinol), which induces a euphoric feeling, or CBD (cannabidiol), which has therapeutic attributes, are familiar to many, edibles containing minor cannabinoids are gaining traction among consumers due to the compound’s unique properties and potential health benefits. As such, the minor cannabinoid-infused edibles market stands at the precipice of remarkable growth, fueled by discernible shifts in consumer behavior.
As a stakeholder in this industry transformation, BayMedica continues to focus on scaling its operations and expanding its product offerings to meet the growing demand for high-quality cannabinoids in various applications that may be used by a growing customer base.
ZINGERS
$58M Merger: Chain Bridge I Acquires Cannabinoid Medicines Innovator, Eyes Nasdaq Listing
Promising Results In Medical Cannabis: CannaMore's Successful Phase 2a Trial For Colitis Treatment
Czech Republic Continues To Push Toward Marijuana Legalization, Will Save Billions In Cannabis Prosecutions
Shadow-Banned By Retailers, Iowa Beverage Manufacturers Sue State Regulators Over New THC Law
Here's Where To Buy Legal Weed: Snoop Dogg's LA Store And New Cannabis Shops In PA & MT
ONE MORE FOR THE ROAD
Briefly: As speculation swirls around Kamala Harris’ potential vice-presidential picks, one common thread is emerging: strong support for cannabis legalization.
So: With five names in the mix, the political landscape could be set for a significant shift in cannabis policy.
Why It Matters: Who are these potential candidates, and what are their views on cannabis reform? How might their selection influence the broader push for legalization? As the nation watches closely, the stakes have never been higher for cannabis advocates and opponents alike.
Explore the profiles of these prospective VP picks and the potential impact of their pro-cannabis stance. Get the inside scoop and stay ahead of the political curve by reading more.
PRESENTED BY CANNABIS CAPITAL CONFERENCE
Join us on October 8th and 9th in Chicago for the world's largest gathering of cannabis investors - happening just ONE month before the Presidential election.
Get your tickets now by following this link, and access a 20% discount using the code JAVI20.
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