Liberty Leaf Holdings (CSE:LIB) announced the completion of its first cannabidiol (CBD) research study for pain medication on dogs.

As quoted in the press release:


Study Results

Results from the ESEV-managed, randomized, placebo-controlled clinical trial demonstrated that dogs with clinically diagnosed OA receiving a daily dose of only 0.3 mg/kg of proprietary CBD-infused oil formulation for four weeks exhibited significantly reduced pain and improved functional performance. Daily CBD dosages for dogs have generally and arbitrarily been recommended in the range of 2-20 mg/kg.

“The ability to effectively manage pain with such a low CBD dosage as used in this study and over such a short treatment period is statistically significant,” said Robert Jackman, Scientific Project Manager for Liberty Leaf.

According to Jackman, of the 16 dogs included in the study, only one did not benefit from the CBD treatment. The proprietary CBD-infused oil formulation used in the study was well tolerated, with no adverse or side effects reported by dog owners.

“This project was operated in multiple locations by a few different groups of researchers and project managers,” noted Golan Vaknin, Executive Director for ESEV. He commented further. “The study was conducted productively and efficiently, and we are happy with the promising results showing positive effects of CBD for chronic pain in dogs.”

Click here to read the full press release.

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NYSE | TSX: ACB

Aurora Cannabis Inc. (the “Company” or “Aurora”) (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the closing of its previously announced bought deal public offering (the “Offering”) of units of the Company (the “Units”) for total gross proceeds of US$137,940,000 . The Company sold 13,200,000 Units at a price of US$10.45 per Unit, including 1,200,000 Units sold pursuant to the exercise in full of the underwriters’ over-allotment option.

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Each Unit is comprised of one common share of the Company (a “Common Share”) and one half of one common share purchase warrant of the Company (each full common share purchase warrant, a “Warrant”). Each Warrant is exercisable to acquire one common share of the Company (a “Warrant Share”) for a period of 36 months following the closing date of the Offering at an exercise price of US$12.60 per Warrant Share, subject to adjustment in certain events.

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The Co-Promotion Agreement is a collaboration contract between AMP and CC Pharma to sell the Aphria medical cannabis brand in Germany . In addition, AMP will organize with the support of CC Pharma, “information events” in Germany to market Aphria branded products to doctors and pharmacists.

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AdvisorShares is a leading sponsor of actively managed ETFs. Pure US Cannabis ETF (MSOS) is the only US-listed ETF dedicated solely to US cannabis exposure, with over US$616,000,000 in assets under management (“ AUM ”). Pure Cannabis ETF (YOLO) was the first US-based actively managed ETF focused on the global cannabis industry. YOLO and MSOS endeavor to achieve long-term capital growth by investing in some of the largest foreign and domestic cannabis and hemp-derived CBD companies. The two AdvisorShares ETFs have a combined AUM of over US$880,000,000 as of January 22, 2021.

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