Growing Number of Companies Developing New Products and Delivery Methods for Medical Cannabis
November 27, 2023 Arshad Shafi
A growing number of companies are developing new products and delivery methods for medical cannabis. This includes new formulations of cannabis, such as inhalers and edibles, as well as new delivery methods, such as transdermal patches and vaporizers. These new products and delivery methods are making medical cannabis more accessible and appealing to patients. The growing number of companies developing new products and delivery methods for medical cannabis is a positive development for the industry and for patients. This innovation is making medical cannabis more accessible and appealing to a wider range of patients, and it is also helping to advance our understanding of the therapeutic potential of cannabis.
New Formulations
One of the most exciting areas of innovation is the development of new formulations of cannabis. These formulations are designed to improve the absorption, bioavailability, and onset of action of cannabis, as well as to reduce side effects. Some of the new formulations that are being developed include:
New Delivery Methods
In addition to new formulations, there are also a number of new delivery methods being developed for medical cannabis. These new delivery methods are designed to make it easier for patients to take their medication and to improve the overall patient experience. Some of the new delivery methods that are being developed include:
Benefits of New Products and Delivery Methods
The development of new products and delivery methods for medical cannabis is having a number of benefits for patients, including:
Overall, the growing number of companies developing new products and delivery methods for medical cannabis is a positive development that is benefiting patients and advancing our understanding of this therapeutic plant
Indeed, the development of new products and delivery methods for medical cannabis is a rapidly evolving field.?Companies are innovating to improve the absorption, bioavailability, and onset of action of cannabis, as well as to reduce side effects1. Here are some of the new formulations and delivery methods being developed:
New Formulations:
New Delivery Methods:
Learn more:
1. link.springer.com2. leafbuyer.com3. health.state.mn.us4. emeraldmedicalgroup.com5. flmedcannabis.org6. leafbuyer.com7. shutterstock.com
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Technological innovation and scientific research are rapidly transforming the medicinal cannabis industry. More companies are joining the race to develop new products and delivery systems, aiming to enhance the efficacy, safety, and convenience of cannabis-based therapeutics.
Innovative Product Types
Companies are moving beyond traditional cannabis products such as dry flower and developing innovative offerings such as cannabis-based pharmaceuticals, nutraceuticals, and cosmeceuticals. These product types allow companies to cater to specific patient populations and offer potentially higher margins than traditional cannabis products.
Cannabis-based pharmaceuticals involve isolating specific cannabinoids and delivering them in a controlled manner. Examples include Epidiolex, a CBD-based drug for treating severe forms of epilepsy, and Sativex, a THC:CBD oral spray for managing symptoms of multiple sclerosis.
Nutraceuticals blur the line between nutrition and pharmaceuticals, delivering beneficial compounds such as CBD and THC through food and beverage items. This category includes CBD-infused drinks, gummies, tinctures, and capsules, among others.
Cosmeceuticals are cosmetic products with bioactive ingredients – in this case, cannabinoids. Companies are weaving cannabinoids into products like anti-aging creams, moisturizers, and serums, capitalizing on their potential antioxidant and anti-inflammatory benefits.
Novel Delivery Methods
Along with diversifying their product offerings, companies are exploring novel delivery methods to enhance the bioavailability, onset time, and duration of effects of medicinal cannabis.
Nasal sprays and inhalers are under development, designed to offer a rapid onset of effects as the body absorbs active compounds through the lung and nasal membranes.
Transdermal patches, similar to nicotine patches, allow the slow release of cannabinoids into the bloodstream over several hours, providing a long-lasting and consistent delivery system. This method could appeal to patients using medicinal cannabis for chronic pain or other long-term conditions.
Another developing technology, nanoemulsion, breaks down cannabis oil into tiny particles, enabling cannabinoids to dissolve in water and enter the body quickly. This technology could revolutionize CBD-infused beverages and edibles by drastically improving the body’s absorption rate.
Regulatory Considerations
Product innovation in the medicinal cannabis industry is not without its regulatory challenges. Many novel product types and delivery methods fall into a gray area of cannabis regulation, demanding close engagement with regulatory bodies to ensure compliance. Furthermore, companies need rigorous scientific research backing their safety, efficacy, and consistency claims, making the product development process resource-intensive.
Nevertheless, the drive for innovation in medicinal cannabis continues to gain momentum as companies strive to meet growing patient demand, differentiate themselves in a competitive market, and capitalize on the immense therapeutic potential of cannabis. With continued technological advancement and regulatory progress, the landscape of medicinal cannabis is likely to keep evolving, bringing new possibilities for patient treatment and business growth.
These companies highlight the diverse and rapidly evolving nature of the medicinal cannabis industry, pushing boundaries to enhance product effectiveness, patient experience, and overall market growth.
Here are some images and links related to the companies and their products:
Learn more:
1. investor.jazzpharma.com2. pharmaceutical-technology.com3. investor.jazzpharma.com4. healthline.com5. healthline.com6. cbdviews.com7. businesswire.com8. businesswire.com9. cannabistech.com10. bionxt.com11. prnewswire.com12. globenewswire.com13. mattio.com14. extractionmagazine.com15. willowbio.com16. en.wikipedia.org17. self.com18. globenewswire.com19. medterracbd.com20. medicalnewstoday.com21. medterracbd.com22. prnewswire.com23. cbdclinicals.com24. news-medical.net25. pubs.rsc.org26. greencamp.com27. apnews.com28. wallstreetreporter.com29. bionxt.com30. zeliratx.com31. sprinjene.com32. pharmaceutical-technology.com33. marysmedicinals.com34. marysmedicinals.com35. entouragehealthcorp.com36. prnewswire.com37. markets.businessinsider.com38. terpenesandtesting.com39. drinkmemag.com40. terpenesandtesting.com41. willowbio.com42. growopportunity.ca43. theseedinvestor.com44. nutritioninsight.com