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How Growing Number Of Clinical Trials Are Influencing Growth Of The Cannabis Pharmaceuticals
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PALM BEACH, Fla., April 14, 2021 /PRNewswire/ The medical cannabis market has made some remarkable accomplishments in the past few years with the launch of innovative products. The clinical trials and approval of some cannabis-infused products have opened up the market for cannabinoid-based pharmaceuticals. The market for cannabis pharmaceutical is still in the nascent phase with higher opportunities. The growing legalization of marijuana globally is encouraging more investment in the space, and for pharmaceutical companies to expend more resources on the development of cannabinoid-based pharmaceutical drugs. A report from Grand View Research projected that the global cannabis pharmaceuticals market size was valued at USD 67.0 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 76.
Ikänik Farms Completes Cooperative Agreement with SGS Colombia SAS, Developing International Cannabis Certification
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completes development of the GPTCP Certification
CORONA, Calif., April 12, 2021 /PRNewswire/ - Ikänik Farms, Inc. (CSE: IKNK.U) ( Ikänik Farms or the Company ) is pleased to announce that Pideka SAS. ( Pideka ), a wholly-owned subsidiary of Ikänik Farms, has successfully completed its cooperative agreement with SGS Colombia SAS ( SGS ) to design, initiate, develop, and implement a normative standard for the international certification of medicinal cannabis. This certification works to establish a new baseline standard for the quality and safety of pharmaceutical grade cannabis products known as the GPTCP , or Good Production Transformation & Commercialization Practices Cannabis Pharma .