You are here
Home 🌿 Regional 🌿 Europe 🌿 An Australian medical marijuana company has released its first cannabis pills 🌿An Australian medical marijuana company has released its first cannabis pills
Warning message
The subscription service is currently unavailable. Please try again later.Australian medical marijuana company MMJ PhytoTech has generated its first revenues from sales of its cannabis pill.
The CBD (Cannabidiol) capsules, registered as a dietary supplement in Germany, started retailing in Europe in August for about 3 euros each ($4.70).
The company intends to produce a total 1 million of the Swiss-made capsules in 2015. The pills, only available in Europe, are sold online.
Cannabinoids are a class of chemical compounds from the cannabis plant. CBD is the non-psychoactive cannabinoid which is said to have positive health benefits without the intoxicating effect of tetrahydrocannabinol (THC).
Research indicates that CBD may have help chronic pain, cancer, anxiety, diabetes, epilepsy, rheumatoid arthritis, PTSD, sleep disorders, cardiovascular disease, antibiotic-resistant infections and various neurological ailments.
Tomas Edvinsson, CEO of Satipharm, said: “MMJ is very happy with this landmark accomplishment and we leave the month of August with significant momentum.”
A short time...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin