CB2 Insights Inc (CSE:CBII) (OTCMKTS:CBIIF), a medical cannabis research and technology company, is launching a study to test the effects of hemp-based CBD on patients with anxiety.
The study, which CB2 said is the first of its kind, is being done in partnership with US hemp consumer goods company GL Brands (OTCQB:FRLF), through its subsidiary Green Lotus. The trial will measure safety, efficacy and other health measures for patients using Green Lotus brand CBD soft gel capsules to treat anxiety.
“We are proud to have been approached by GL Brands to help advance their product research and development efforts using our vast network of clinical sites and knowledge and experience in conducting clinical trials,” CB2 CEO Prad Sekar said in a statement.
“Cannabis licensed producers, product manufacturers and cannabis-focused pharmaceutical companies have all matured to the point of needing clinically-driven research to support the registration of their medical products,” Sekar added. “Our tools and experience help formalize and expedite that process in a way that is aligned with traditional pharmaceutical products.”
To get the study up and running, CB2 will recruit patients and clinicians from its existing network, which the company said is the largest medical cannabis patient registry in the US.
The design of the study will include a multi-center experimental pre-test, post-test, non-randomized design and will monitor patients using the specified Green Lotus treatment over a 90-day period.
“Through our subsidiary brand, Green Lotus, we have brought to market one of the most wide-ranging lines of natural and organic hemp products that provide a full spectrum of remedies for consumers across North America suffering from multiple ailments,” GL Brands CEO Carlos Frias said. “Our partnership with CB2 Insights will allow us to illustrate the effectiveness of our products across indications such as chronic pain, sleep disorders and anxiety.”
GL Brands, formerly known as Freedom Leaf, produces a variety of cannabinoid-rich products under its Green Lotus and IrieCBD brand names.
Contact Andrew Kessel at [email protected]
Follow him on Twitter @andrew_kessel