$2 Million Going To Cannabis Cancer Research Led By Professor Mechoulam

August 20, 2019

A cannabis-based treatment for cancer may finally be on the horizon, thanks to the research of none-other-than Professor Raphael Mechoulam.

Mechoulam is leading a research team to work on developing cannabis-based treatments for three aggressive forms of cancer: melanoma (skin cancer), neuroblastoma (cancer originating in the surrounding and mostly neural system in children), and glaublastoma (brain cancer).

The ongoing research will be funded by Tel Aviv-listed cannabis producer Cannbit, who will invest an initial $400,000 towards the cannabis research, and an additional $2,000,000 for a commercial medicine license. Former Israeli Air Force commander Eitan Ben Eliyahu is the chairman of Cannbit and Mechoulam is currently operating as head of Cannbit’s scientific advisory committee.

In exchange, Cannbit will receive rights to sell this medicine for the duration of its patent – 25 years. The rest of the partners will get 13% from all future revenue from the research and the sale of the medicine, as well as any future intellectual property stemming from this research.

The Hebrew University’s technology transfer company, Yissum, owns the IP for the results of the preliminary study. Ownership will eventually be transferred to Cannbit for the duration of the patent. Hadassah University Hospital-Ein Kerem and Sheba Medical Center will also collaborate on the study.

Mechoulam, a professor of medicinal chemistry at Hebrew University, is known as the father of medical cannabis since discovering endocannabinoids and phytocannabinoids back in 1964. He and his research group were the first to isolate the major plant cannabinoids tetrahydrocannabinol, cannabidiol, cannabigerol and many others.

Check back with us for more updates on these groundbreaking cannabis studies.

To learn more about Raphael Mechoulam and medical cannabis, click on the image below to listen to an exclusive interview conducted by our friends at CannaCAST IL.

mechoulam interview

Learn more about CBD, THC or cannabis studies

The post $2 Million Going To Cannabis Cancer Research Led By Professor Mechoulam appeared first on Cannadelics.





Also in Education

Another Study Says Legalizations Don’t Increase Cannabis Use

August 07, 2022

The line is old and never made sense in the first place, but politician after politician like to extol the fear that if they legalize cannabis, everyone will become a pothead. As it turns out, study after study say the opposite, that legalizations don’t increase cannabis use, particularly in younger populations. Take a look. Yet […]

The post Another Study Says Legalizations Don’t Increase Cannabis Use appeared first on Cannadelics.

Continue Reading

Switzerland Implements Wide-Reaching Medical Cannabis Program

August 07, 2022

All eyes are on Switzerland as the country makes big moves to start its own cannabis industry. The country announced plans for a recreational measure last year, and now Switzerland is introducing a wide-reaching medical program that goes far beyond its previous limits. Switzerland is on a rampage, both widening its medical cannabis program, and […]

The post Switzerland Implements Wide-Reaching Medical Cannabis Program appeared first on Cannadelics.

Continue Reading

How Popular Are Psychedelics In America? Survey Says ~30% Have Tried

August 05, 2022

The psychedelics industry is gearing up for a massive debut, and opinions on the compounds are changing for the better. How popular are psychedelics in America right now? New survey results show that these compounds are not unknown to the American public, and that close to 30% of respondents, have already tried them. With the […]

The post How Popular Are Psychedelics In America? Survey Says ~30% Have Tried appeared first on Cannadelics.

Continue Reading

Summer Savings Sale