Medical Cannabis | 10 Things You May Not Know | CBDX
Cannabis has been cultivated
as a medicinal herb for more than 5,000 years. The earliest signs of its use as
an herbal remedy appeared sometime around 2,500 BC[i].
The plant has also been used as a vehicle for spiritual enlightenment and for
recreation. But only recently has it come out of the shadows and into the
mainstream as a potentially powerful tool in modern medicine.
Here are 10 things you may not
know about the medical cannabis industry:
Cannabis has been used as a medicine for nearly
5,000 years. The earliest evidence coming from pollen found in a
Neolithic ‘Beaker Culture’ grave in the Netherlands[ii]
and other evidence found for use in ancient societies in Egypt, Greece, China,
Scythia and the Indus valley culture.
The UK produces close to 100 tonnes of medical
grade cannabis and hemp a year, making it the largest supplier in the world[iii]
The global medical cannabis industry was ~$11.7
Billion in 2018. This is estimated to grow to as much as ~$148 Billion by
Cannabis is now legal for medical use 28
and ~40 countries worldwide.
Cannabis contains over 113 Cannabinoids,
many of which have medical and therapeutic applications that are only now being
“Cannabinoids” are the primary chemical components
found in Cannabis. They include THC which makes you high and CBD which is the
focus of most medical and therapeutic applications
CBD is used in the development of treatments for
many common illnesses such as cancer, Alzheimer’s, arthritis, epilepsy,
multiple sclerosis, chronic pain, mental illnesses and Parkinson’s disease
There are an estimated 1 Billion people
who are suffering from diseases and illnesses that can be treated with medical
‘Big Pharma’ companies are getting involved: in
the US alone, over 115 Cannabinoid drug trials were registered in 2018
and more than 200 patents have been granted[vii]
10. The Medical Cannabis and Wellness UCITS ETF is
the first and only fund to give European investors a convenient and easy way to
invest in the medical cannabis industry. Learn more about the medical cannabis ETF here.
Article Date: 6th January 2020