Demand for CBIS Metered Dose Inhalers (MDI) Is High
Cannabis Science, Inc. a U.S. company specializing in the development of cannabis-based medicines, announces its California distributors have sold out of Cannabis Science's recently released CBIS Metered Dose Inhalers (MDI) in an initial test market run in the State of California. Cannabis Science is excited to report it has increased production of the inhalers to meet this new consumer demand.
Cannabis Science's CEO, Mr. Raymond C. Dabney, stated, "We did not expect demand for our Inhaler to increase so rapidly. While it was not a particularly large initial test batch, there were certainly enough indicators in the pilot program that point to a great success considering the application and target market. Consequently, we have substantially increased production with our current manufacturer and are identifying and implementing key manufacturing and distribution expansions to ensure we meet the growing demand for the CBIS MDI Inhaler."
As previously noted, the California market is stated to be the most populous state in the US and has the world's sixth-largest economy with a gross domestic product of about $2.5 trillion. The potential revenue stream for Cannabis Science should increase dramatically with the additions to the legal Cannabis market sectors. The city of Los Angeles surrounds West Hollywood, and the neighbouring districts include Hollywood, Sunset Strip, Beverly Centre, and Wilshire, some of the largest demographic addressable markets in the Los Angeles area, which explains the high demand for CBIS products.
The Company is also exploring additional observational studies using the CBIS MDI's potential to alleviate breathing problems and pain associated with lung cancer and other target ailments. Given the demand for our inhaler, "Cannabis Science has evaluated the potential for a Dry-powder Inhaler (DPI) as a long-term therapy of these diseases and we've decided to go forward with the development of this medication for our customers.
A DPI is a device that delivers medication to the lungs in the form of a dry powder. DPI's are commonly used to treat respiratory diseases such as asthma, bronchitis, emphysema, and COPD. With the development of a CBIS DPI, we will continue to strive to meet the growing needs of our consumers by offering more choices using the strength of cannabinoids for critical ailment treatments," stated Dr. Allen Herman, Chief Medical Officer (CMO), Cannabis Science Inc.
The CBIS MDI device can offer the ingestion of the medication in a finer particle mist than the Nebulizer version which can be quickly absorbed by the Lungs and spread into the Blood Stream for quicker response time. Rescue Inhalers cannot replace Nebulizer Medications but the portability of these devices gives the Asthma/COPD sufferer freedom to be out enjoying life knowing their medication is at hand if needed.
This article has been republished from materials provided by Cannabis Science. Note: material may have been edited for length and content. For further information, please contact the cited source.
Empowering Women in Technology Key to Boosting UK EconomyNews
A new report launched at London Stock Exchange for International Women’s Day, reveals the critical role women play in driving economic growth across the UK, with detailed research on 1,279 women-led companies showing a total contribution of £25.9 billion in revenue to the UK economy.READ MORE
Peli BioThermal Expands European Manufacturing CentreNews
Extended facilities in France to produce bulk thermal shipper CoolPall™ Vertos to meet growing global demand.READ MORE
Nobel Prize in Chemistry: Freezing molecules to solve their structureNews
Nobel Prize in Chemistry Awarded for "developing Cryo-electron microscopy for the high-resolution structure determination of biomolecules in solution."READ MORE
Comments | 0 ADD COMMENT
The Journey from Genes to Disease - a symposium for postdocs by postdocs.
Apr 20 - Apr 20, 2018