Veritas Pharma Inc. (VRTHF)

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Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Mon Nov 20, 2017 5:19 pm

Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) is an emerging pharmaceutical and IP development company publicly traded in Canada, the United States and Germany. Through its recently acquired 80 percent stake in Cannevert Therapeutics Ltd., also known as Veritas' R&D arm, the company is clinically profiling various marijuana cultivars to pharmacologically connect unique strains with specific disease conditions. Veritas Pharma's goal is to perform clinical trials to prove the efficacy of the designated lead cannabis strains and to market the clinically effective cultivars as prescription medicines in a fast-track protocol.

Veritas Pharma's management and R&D team comprises decades of pharmaceutical, clinical and scientific research expertise into several key industry leaders. Lui Franciosi, PhD, who has over 20 years of experience conducting pharmaceutical and medical device studies in academia and industry, leads the company as its CEO. In addition to a team of trained technicians and students working out of academic facilities, Veritas Pharma is pleased to have a renowned group of scientists on board to lead its research efforts. Team members hold 10 PhDs/MD licenses with expertise in chemistry, pharmacology and clinical trials.

Veritas Pharma's mission is to develop and commercialize the most effective cannabis strains, backed by clinical data. This innovative research and development path aims to solve the critical need for real science to support claims surrounding medical marijuana. The company's approach, combined with its strategic alliances, will effectively address the medical community's concerns over the complexities of cannabis potency, efficacy, quality and content in the nearly 800 marijuana strains currently known in the world. Opportunities for innovation and scientific advancement related to the field of cannabis therapeutics will accelerate the knowledge base and provide a valuable alternative to the global opioid market that is estimated at nearly U.S. $35 billion. A growing negative opinion regarding the use of opioids for pain will continue to drive the need for alternative medical applications such as those provided by cannabis.

Veritas Pharma's clinical cannabis development pipeline includes R&D for chronic pain, nausea, inflammation, muscle spasms, epilepsy and Post Traumatic Stress Disorder. The strategic alliance formed with Cannevert and its scientists will enable Veritas to be at the forefront of developing new and unique strains of medicinal cannabis. These plants, which they plan to patent protect for a variety of unmet medical needs, are destined to help patients suffering with chronic and debilitating symptoms of a variety of medical issues. Over 250 experiments have been performed so far with another 150 pharmacological and biological studies conducted. Veritas Pharma has also entered into an agreement with Sechelt Organic Marijuana Inc., which has a Licensed Producer application pending with Health Canada, to acquire 100 percent ownership in the company.

Results of the company's research to date illustrate Veritas' unique place in the medical marijuana industry. The company's focus on the biological effect of the actual spectrum of cannabinoids sets Veritas apart as it seeks to patent and protect results-driven strains.
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Tue Nov 21, 2017 5:32 pm

Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) is “One to Watch”

- Management, R&D team boasts decades of industry leadership
- Pipeline includes therapies targeting chronic pain, nausea, inflammation, muscle spasms, epilepsy and Post Traumatic Stress Disorder
- Unique result-driven strategy strongly positions Veritas in the medical marijuana industry

Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) is an emerging pharmaceutical and IP development company publicly traded in Canada, the United States and Germany. Through its recently acquired 80 percent stake in Cannevert Therapeutics Ltd., also known as Veritas’ R&D arm, the company is clinically profiling various marijuana cultivars to pharmacologically connect unique strains with specific disease conditions. Veritas Pharma’s goal is to perform clinical trials to prove the efficacy of the designated lead cannabis strains and to market the clinically effective cultivars as prescription medicines in a fast-track protocol.

Veritas Pharma’s management and R&D team comprises decades of pharmaceutical, clinical and scientific research expertise into several key industry leaders. Lui Franciosi, PhD, who has over 20 years of experience conducting pharmaceutical and medical device studies in academia and industry, leads the company as its CEO. In addition to a team of trained technicians and students working out of academic facilities, Veritas Pharma is pleased to have a renowned group of scientists on board to lead its research efforts. Team members hold 10 PhDs/MD licenses with expertise in chemistry, pharmacology and clinical trials.

Veritas Pharma’s mission is to develop and commercialize the most effective cannabis strains, backed by clinical data. This innovative research and development path aims to solve the critical need for real science to support claims surrounding medical marijuana. The company’s approach, combined with its strategic alliances, will effectively address the medical community’s concerns over the complexities of cannabis potency, efficacy, quality and content in the nearly 800 marijuana strains currently known in the world. Opportunities for innovation and scientific advancement related to the field of cannabis therapeutics will accelerate the knowledge base and provide a valuable alternative to the global opioid market that is estimated at nearly U.S. $35 billion. A growing negative opinion regarding the use of opioids for pain will continue to drive the need for alternative medical applications such as those provided by cannabis.

Veritas Pharma’s clinical cannabis development pipeline includes R&D for chronic pain, nausea, inflammation, muscle spasms, epilepsy and Post Traumatic Stress Disorder. The strategic alliance formed with Cannevert and its scientists will enable Veritas to be at the forefront of developing new and unique strains of medicinal cannabis. These plants, which they plan to patent protect for a variety of unmet medical needs, are destined to help patients suffering with chronic and debilitating symptoms of a variety of medical issues. Over 250 experiments have been performed so far with another 150 pharmacological and biological studies conducted. Veritas Pharma has also entered into an agreement with Sechelt Organic Marijuana Inc., which has a Licensed Producer application pending with Health Canada, to acquire 100 percent ownership in the company.

Results of the company’s research to date illustrate Veritas’ unique place in the medical marijuana industry. The company’s focus on the biological effect of the actual spectrum of cannabinoids sets Veritas apart as it seeks to patent and protect results-driven strains.

For more information, visit the company’s website at www.VeritasPharmaInc.com
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Wed Nov 22, 2017 6:49 pm

NetworkNewsBreaks – Veritas Pharma Inc.’s (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) CTL Subsidiary Inks Letter of Intent with FDI of Puerto Rico to Initiate Human Trials of CTL-X

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) recently announced that its 80% owned subsidiary, Cannevert Therapeutics Ltd. ("CTL"), signed a letter of intent with the Fundación de Investigación (“FDI”) in San Juan, Puerto Rico, to conduct the first human study of CTL-X for the treatment of pain. The study of CTL-X, CTL’s lead cannabis strain for pain, will be conducted in two stages to assess the treatment’s analgesic effects. “We are pleased to see Cannevert’s lead strain for pain is finally heading into human trials. It’s important to us to move quickly into this next phase of providing clinical proof of cannabis’ effectiveness, this after our chemical and animal assays delivered favorable results,” Veritas CEO Lui Franciosi stated in the news release.
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Tue Nov 28, 2017 6:13 pm

NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Research Arm’s Patent Filing for Use of Specific Cannabis Strain Acknowledged by US Patent Office

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) today announced that its research arm, Cannevert Therapeutics Ltd. (“CTL”), received an acknowledgement letter with the filing number of US 62/558,021 from the US Patent and Trademark Office (“USPTO”) for the filing it made in September for use of a specific cannabis strain to enhance the actions of opioid analgesics. Veritas CEO, Dr. Lui Franciosi commented, “We are pleased with Cannevert’s latest submission to protect its discovery of a cannabis strain that could potentially reduce the dose and side effects of clinically used opioids while maintaining a good pain relieving effect for patients. This strain could be also potentially useful in addressing the current fentanyl crisis throughout North America. If we’re targeting pain or opioid addiction, we want to deliver a scientifically tested, standardized product that clinicians can rely upon.”
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Thu Nov 30, 2017 5:14 pm

Investors Could Reap Global Rewards of Research into Medical Cannabis Science

NetworkNewsWire Editorial Coverage: With cannabis set to become legal for recreational use in July 2018 in Canada, and usage of the product for medical purposes steadily rising both in Canada and worldwide, cannabis companies have ramped up their efforts to make new scientific discoveries related to the plant’s medical uses. Companies leading the quest to demonstrate the potential of cannabis in a medicinal context are Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) (VRTHF Profile), GW Pharmaceuticals (NASDAQ: GWPH), Canopy Growth Corp. (OTC: TWMJF) (TSX: WEED), Aphria, Inc. (OTCQB: APHQF) (TSX: APH) and Aurora Cannabis, Inc. (OTCQX: ACBFF) (TSX: ACB).

Among companies seeking to produce clinical data to validate medical marijuana claims, Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) has carved its own niche with a multi-front approach to identifying the potential of its cannabis products for ameliorating a variety of maladies, including pain, nausea, epilepsy and PTSD.

Veritas Pharma’s overarching objective is to develop and commercialize the most effective cannabis strains, backed by clinical data, thereby solving the critical need for real science to support claims surrounding medical cannabis. This approach, in combination with the company’s strategic alliances, are expected to address the medical community’s concerns over the complexities of cannabis potency, efficacy, quality and content in the nearly 800 cannabis strains currently known in the world.

One such alliance is the recently established agreement between Veritas’ 80 percent owned research arm, Cannevert Therapeutics Ltd. (“CTL”), and the Fundacion de Investigacion (“FDI”), a well-known center for pharmaceutical investigatory projects in Puerto Rico. CTL’s partnership with FDI provides the structure and resources needed to conduct the first human study of CTL-X, its lead cannabis strain targeting pain. As Veritas CEO Lui Franciosi explained, the agreement is aligned with the company’s quest to perform clinical trials to prove the efficacy of the designated lead cannabis strains and to market the clinically effective cultivars as prescription medicines in a fast-track protocol.

“We are pleased to see Cannevert’s lead strain for pain is finally heading into human trials. It’s important to us to move quickly into this next phase of providing clinical proof of cannabis’ effectiveness, this after our chemical and animal assays delivered favorable results. FDI is a reputable group of clinicians and clinical trialists with a long history of evaluating treatments for major pharmaceutical companies. The Puerto Ricans are becoming world leaders in investigating and selling cGMP medical cannabis and their insights will be valuable. We aim to provide physicians and patients with scientifically tested and clinically proven cannabis therapies targeting pain. In the next year, Veritas’s goal is to have a branded analgesic strain in which its dose and method of administration are standardized to actively compete with over-the-counter analgesics as well as potentially reducing or eliminating opioid use in the acute and chronic pain markets,” Franciosi stated in the news release announcing the agreement (http://nnw.fm/Bl4fn)

Further expanding its research and addressing the global need for safe and effective cancer treatments, Veritas recently hired Dr. Dimitri Petchkovski of Fibroblast Consulting to spearhead its investigation into use of Veritas’ cannabis strains in lung, prostate, colon, breast, and melanoma cancer cell lines.

In Canada alone, there were more than 200,000 new cases of cancer and nearly 81,000 cancer-related deaths in 2017, according to Canadian Cancer Statistics 2017. Despite considerable need for effective therapies, the market lacks sufficient scientific evidence to demonstrate cannabis or cannabinoids can cut the risk of cancer. While most cancer scientists focus on understanding how different cancers respond to specific compounds in cannabis, Veritas’ approach will be to quickly access more cannabis varieties, systematically profile the effects of the whole plant using various in vitro and in vivo animal models of cancer alongside standard drugs, and quickly conduct a clinical trial.

Results of Veritas’ research to-date illustrate the company’s unique place in the medical cannabis industry, propelled by its focus on the biological effect of the actual spectrum of cannabinoids as it seeks to patent and protect results-driven strains.

The company’s approach positions it among the ranks of more recognizable names in the industry, including GW Pharmaceuticals (NASDAQ: GWPH), which has taken the lead in searching for evidence of the efficacy of cannabinoid products in treating specific medical conditions. The company focuses particularly on neurological conditions, including therapeutic areas such as schizophrenia, glioma, and epilepsy. The company’s primary product candidate Epidiolex (cannabidiol) is targeted at certain rare and severe early-onset epilepsy syndromes that are resistant to current drugs. GW developed Sativex, which is the first prescription medicine derived from cannabis. The drug has been approved in more than 30 countries for use in treating spasticity caused by multiple sclerosis.

While GW Pharmaceuticals leverages a partnership with a UK-based greenhouse grower to cultivate cannabis for its Epidiolex treatment, other cannabis companies utilize crop from some of Canada’s leading licensed producers – all of which play a considerable role in the global push for cannabis-based therapies.

Canopy Growth Corp. (OTC: TWMJF) (TSX: WEED), currently the leading supplier of medical marijuana in Canada, operates a diverse collection of brands and curated strain varieties. The company has more than half a million square feet of production capacity. With the introduction of its Spectrum Cannabis Brand to the Canadian market, it has helped encourage simplification of the classification of cannabis products by using a color-guided code in relation to THC and CBD levels. This innovation is designed to help increase consumer acceptance of cannabis by making it easier for them to understand the characteristics of the product they are buying.

Aphria, Inc. (OTCQB: APHQF) (TSX: APH) is another major producer of cannabis for the Canadian market. It grows all of its product in greenhouses, helping to keep lighting costs low, making the company one of Canada’s lowest-cost producers of cannabis. Aphria recently invested in Scientus Pharma, a drug development firm which is developing drugs targeting the endocannabinoid receptors found in the body to help treat diseases of the organs, brain, and connective tissues. The company’s goal is to introduce pharmaceutical standards in manufacturing, formulations, and dosing to the medical cannabis market.

Aurora Cannabis, Inc. (OTCQX: ACBFF) (TSX: ACB) is a producer of medical marijuana for the Canadian market with a growing facility in Mountain View County, Alberta. After product recalls were announced at other Canadian cannabis producers earlier in 2017, the company took a strong stand for transparency in the industry by announcing that all products sold by the company will be accompanied by a certificate of analysis by a third-party testing laboratory. Aurora’s stated hope is that this policy will increase consumer confidence in the purity of the products the company sells.

By gathering evidence of the ability of cannabis-driven compounds to help individuals who have varied ailments and by developing new approaches to the processing and sale of the product, these companies can help the industry as a whole progress while solidifying their own positions in the industry. Veritas specifically mentions among its goals making Canada a world leader in cannabis research. The company aims to play its part in this process by discovering new cannabis cultivars for specific disease conditions, developing cultivars to set standards that can be clinically evaluated over the next two years, and becoming the leader in prescription cannabis.

Veritas hopes to become an active participant in the market for global cancer pain drugs and plans to apply for patent protection for any discoveries resulting from its research into the use of cannabinoids for this purpose. With a report from Zion Market Research projecting that the global cancer drugs market will rise to $161 billion by the end of 2021, the addressable market for cannabis-related cancer therapeutics is substantial. Veritas’ research arm has already filed for a provisional patent application from the US Patent and Trademark Office in 2017 for using a specific cannabis strain in neuropathic pain. Such pain occurs chronically with tissue and nerve fiber damage in conditions such as cancer and diabetes. The Global Neuropathic Pain Market Research Report Forecast to 2023 projects the market to reach $5.5 billion USD, making this a condition well worth targeting.

Canada’s decision to legalize the recreational use of cannabis in 2018 heralds what is expected to be continued growth of the cannabis market for medicinal use, not only in that country but worldwide as people become more comfortable with its use and as expected new discoveries of its therapeutic properties are announced.

Substantial growth in the cannabis market has occurred as a number of countries have allowed the use of the product to one extent or another, and the potential for growth in the market is high as more users become aware of the benefits of using the product for medicinal purposes and as more governments are expected to approve its use.

An August analysis of the global market for medical cannabis by Toronto-based Eight Capital forecasts a potential for CAD$180 billion (or US$142 billion) in revenues over the next 15 years. By taking steps to expand scientific knowledge concerning conditions for which cannabis can provide treatment options, companies operating in the cannabis industry have laid the groundwork for continued industry and corporate growth for many years to come.

For more information on Veritas Pharma, visit Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP)
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Tue Dec 05, 2017 6:55 pm

NetworkNewsBreaks – Veritas Pharma Inc.’s (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Cannevert Subsidiary Inks Material Transfer Agreement with the Institute for Medical Cannabis of Puerto Rico

Emerging pharmaceutical and IP development company Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) today announced that its research arm, Cannevert Therapeutics Ltd. (“CTL”), has signed a Material Transfer Agreement with the Institute for Medical Cannabis Corporation of Puerto Rico. Per the agreement, the Institute for Medical Cannabis will provide CTL with particular cannabis strains for upcoming human studies in the US territory. “We are pleased that Cannevert has identified a reputable producer that is focused on providing certified quality products, educating the medical community on the potential benefits of cannabis, and conducting clinical research on its products. They will enable us to get medical grade strains of interest into the clinic and scientifically evaluated against different kinds of pain,” Veritas CEO Dr. Lui Franciosi stated in the news release.
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Wed Dec 06, 2017 5:39 pm

Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Providing Clinical Proof of Cannabis Efficiency

- Veritas Pharma is unlocking the science underlying medical cannabis
- Clinically profiling select cannabis strains – pharmacologically identifying strains for specific disease conditions
- Entering human clinical studies with valuable IP’s in place

There is growing support for medicinal cannabis. Repeated peer-reviewed studies have demonstrated positive patient responses in a variety of maladies. However, to date, the response has been largely anecdotal, and, unlike rigorous pharmacology, the precise mechanisms and chemical profiles of cannabinoids remain unknown. Through exacting scientific protocols, Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) is about to radically change the understanding and applications of this millennia-old medicine.

Led by experienced management and bolstered with veteran academic pharmacologists, anesthetists and chemists, Veritas Pharma is rapidly unlocking the science underlying medical cannabis. The company chemically profiles different marijuana cultivars (specific plant varieties produced in cultivation by selective breeding). The cultivars are then pharmacologically profiled to identify disease-specific strains, and once these stringent protocols are achieved, Veritas performs clinical trials to establish the clinical utility and efficacy of each cultivar.

After exhaustive chemical and animal assays delivered favorable results, Veritas recently announced its research subsidiary, Cannevert Therapeutics Ltd., has signed a letter of intent to initiate the human study of CTL-X, the company’s lead cannabis strain targeting pain (http://nnw.fm/YfF8h). The study will be undertaken at Fundación de Investigación, a highly respected clinical research center with state-of-the-art facilities and in-house bioanalytical laboratory located in San Juan, Puerto Rico. Veritas’s CEO Lui Franciosi stated in part, “It’s important to us to move quickly into this next phase of providing clinical proof of cannabis’ effectiveness….We aim to provide physicians and patients with scientifically tested and clinically proven cannabis therapies targeting pain. In the next year, Veritas’s goal is to have a branded analgesic strain in which its dose and method of administration are standardized to actively compete with over-the-counter analgesics as well as potentially reducing or eliminating opioid use in the acute and chronic pain markets.”

Delivering scientifically tested and clinically proven standardized cannabis therapies is a potential game changer throughout the entire nascent medical cannabis industry. In addition to developing clinically proven effective cannabis strains (cultivars) specific to pain, Veritas is targeting pain, nausea, epilepsy and PTSD. During development of these therapies, the company institutes broad patent protections for its potential blockbuster intellectual properties. Targeting multi-billion dollar global markets, the company’s unique value proposition uses a low-cost research and development model to drive speed-to-market. Veritas intends to license or sell its IP’s to cancer clinics, the insurance industry and pharmaceutical companies.

Anecdotally embraced, the rush into marijuana as medicine has been hamstrung by lack of pharmacologically profiled, scientifically tested, clinically proven therapies. Real medicine requires real science. Veritas Pharma is poised to deliver the requisite real science and indelibly transform medical cannabis therapeutics.

For more information, visit the company’s website at www.VeritasPharmaInc.com
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Fri Dec 08, 2017 8:16 pm

NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Retains Medical Director to Advise Cannabis Research Programs

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) this morning reported that the company has hired Dr. M. Scott Alexander as a medical director. Alexander’s role will be to confirm the medical integrity of cannabis research programs conducted by the company’s subsidiary, Cannevert Therapeutics Ltd. In addition, Alexander will develop a medical affairs strategy to support cannabis strains currently in development. “Dr. Alexander brings a wealth of medical knowledge, a clear understanding of current clinical practice and regulatory needs, and a pledge to educate all stakeholders about therapeutic strains that are based on Cannevert’s experimental evidence,” Veritas CEO Dr. Lui Franciosi stated in the news release.
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Mon Dec 11, 2017 6:27 pm

NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Develops Cannabis-Based Therapeutics in Response to Opioid Epidemic

Emerging pharmaceutical and IP development company Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) is using scientific research and development to stake out its spot in the medical marijuana industry. An article discussing this reads: “Veritas Pharma’s mission is to develop and commercialize the most effective cannabis strains, backed by clinical data. This innovative research and development path aims to solve the critical need for real science to support claims surrounding medical marijuana. The company’s approach, combined with its strategic alliances, will effectively address the medical community’s concerns over the complexities of cannabis potency, efficacy, quality and content in the nearly 800 marijuana strains currently known in the world. Opportunities for innovation and scientific advancement related to the field of cannabis therapeutics will accelerate the knowledge base and provide a valuable alternative to the global opioid market that is estimated at nearly U.S. $35 billion. A growing negative opinion regarding the use of opioids for pain will continue to drive the need for alternative medical applications such as those provided by cannabis.”
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Re: Veritas Pharma Inc. (VRTHF)

Postby QualityStocks » Tue Dec 12, 2017 5:52 pm

Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Aims to Enhance Opioid Analgesic Effects with Specific Cannabis Strain

- Unique scientific approach lends more credibility and increases consumer confidence
- Huge potential for cannabis to replace opioids as analgesics
- Strategic partnerships position Veritas strongly in the medical cannabis industry

On September 13, 2017, Cannevert Therapeutics Ltd. (“CTL”), the research arm of Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP), filed a provisional patent for the use of a specific strain of cannabis to enhance the actions of opioid analgesics. Opioid analgesics are traditionally prescribed for relief of acute and chronic pain. However, over-prescription or prolonged use can lead to addiction. Recreational users of opioids commonly run the risk of fatal overdose, with more than 33,000 deaths from opioid overdose reported in 2015, according to the U.S. Centers for Disease Control and Prevention. Cannabinoids found in cannabis provide similar pain relief to opioids, but without the side effects and fatality risk. There is evidence that cannabinoids and opioids can work in synergy to moderate pain. As restrictions on the use of cannabis are eased, there is tremendous potential for cannabis to provide a safe alternative to opioids as an analgesic.

Veritas Pharma employs a scientific approach to support medical cannabis claims and is intent on developing and commercializing the most effective strains of cannabis for medical use. The company is concerned that, with the rapid growth of the medical cannabis industry, product quality is inconsistent and scientific proof of effectiveness is lacking. By forming strategic alliances and partnerships within the industry, the company intends to address this issue. Its approach to research and development is aimed firstly at chemically profiling the various cultivars of cannabis. As a second step, each cultivar is pharmacologically profiled to identify strains for specific diseases before clinical trials are undertaken to establish each cultivar’s utility and efficacy. By using this approach, Veritas will provide physicians and patients the scientific evidence necessary to enable them to use its products with confidence.

There are almost 800 strains of cannabis that have been identified globally, all with varying degrees of quality, potency, and efficacy. Veritas Pharma intends to develop a database of scientific knowledge on these strains while identifying their potential medicinal uses. The company owns an 80 percent stake in Cannevert and will use CTL’s team of pharmacologists, chemists, and anesthetists for the research and development of new strains of medical cannabis.

To date, over 150 pharmacological and biological studies have been conducted leading to the identification of two cannabis strains for the relief of pain and nausea. In addition, the company’s development pipeline includes clinical research and development for strains that can be used for migraines, muscle spasms, epilepsy, inflammation and post-traumatic stress disorder.

To expand and bring its products to market, Veritas Pharma signed an agreement in 2016 with Sechelt Organic Marijuana Corp., subject to Sechelt getting an ACMPR (Access to Cannabis for Medical Purposes Regulations) license to produce cannabis. In anticipation of the license award, Sechelt has leased a property, with an option to purchase, to build a 20,000 square feet two-story facility in British Columbia, Canada. This will include budding rooms of 6,800 square feet, 3,000 square feet of cloning rooms, a testing laboratory and a secure storage room.

Veritas Pharma’s approach to cannabinoid-based product development is unique in the industry. The company has the full belief that its scientific approach will increase consumer confidence and give the industry the credibility it is currently lacking.

For more information, visit the company’s website at www.VeritasPharmaInc.com
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