How COVID-19 Treatment Derived from Marijuana Could Help the Global Cannabis Market to Grow Exponentially

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The pandemic of COVID-19 disease represents a significant threat to human health and the global economy. This deadly virus has previously shown that it has the potential to kill—particularly adults and peoples with prior medical conditions. However, later it was revealed that people of all ages are at high risk of severe illness and death, as the virus is highly contagious. As the COVID-19 virus was discovered a few months ago, there’s a lot more to explore about it. The spread of the COVID-19 pandemic has severely affected several markets under various sectors. Particularly, the markets under the healthcare domain are under continuous pressure during this pandemic to invent effective vaccines and treatments against this life-threatening disease; one such market is the cannabis market.

Why are Cannabis in Demand during COVID-19 Pandemic?

Researchers worldwide are deeply analysing how cannabis can be used to treat or cure COVID-19 disease. For instance, researchers from Canada have conducted a study in May 2020 and found that extracts from cannabis can help treat or prevent the COVID-19 infection. According to the results of the study, it was indicated that hemp extracts high in cannabidiol (CBD) may help block the ACE2 receptors (proteins), which have been found as the “entry point” for COVID-19 into host cells in the human body. So far, with the increasing spread of COVID-19 disease over the world, scientists, and researchers are looking into many options for possible therapy, including vaccines and drugs. Nowadays, medical cannabis is one option that has acquired a lot of attention and thus, is high in demand. Though, prior research shows some assurance, cannabis can be difficult to consider as a safe and effective therapy.

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Current Research on Cannabis as a COVID-19 Treatment

Till date, due to the restrictions on the research for cannabis in the U.S., there aren’t any studies in the country concentrating on cannabis as potential treatment or prevention for the COVID-19 infection. Recently, the University of Miami scientists came up with a research on how the deadly COVID-19 is affecting the American cannabis users amidst the pandemic.

In recent times, collaboration amongst cannabis research firms named Swysh Inc., Pathway RX, and the University of Lethbridge in Alberta, Canada, has discovered that extract of Cannabis sativa can be used to treat and prevent infections caused by the COVID-19 virus. They discovered that the extract of cannabis can have an impact on the expression of ACE2 AND TMPRSS2, proteins in human cells. However, research has not been peer reviewed up till now; but has only been submitted.

Moreover, in April, 2020, InnoCan Pharma LTD, an Israeli drug development firm focussed on cannabis treatments, entered into a partnership with Tel Aviv University for the invention of a potential cell therapy treatment that uses “CBD-loaded” to cureCOVID-19 affected patients. The company says that the product that will be given to patients through inhalation for treating the COVID-19 disease will also be tested against other lung disorders.

In the treatment for COVID-19 diseases, the scientists at the Israel Institute of Technology and their colleagues are working on two studies analysing the benefits of a cannabis turpentine formulation as a possible cure against the COVID-19 infection. 

Is the Use of Cannabis Safe During the Pandemic?

Those people who think that consuming more cannabis will hopefully treat and prevent COVID-19 disease should not take the initial result much seriously, as these results are not 100% correct. In Particular, smoking of cannabis in a huge amount can subject people consuming cannabis to a higher risk of infection, health issues, andstress.

Moreover, those who think cannabis solutions like oils and edibles derived from it as a harmless option, they should understand that so far there isn’t sufficient research to prove that these products are actually effective for treating the COVID-19 infection.

 

 

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How has the Pandemic Impacted the Cannabis Market?

In several medical applications, medical cannabis or Marijuana has been proved to be effective, especially in cases like stimulating appetite in AIDS patients, reducing vomiting caused due to chemotherapy, regulating muscular spasms in multiple sclerosis patients, and lessening intraocular pressure in patients with glaucoma. Due to such advantages of medical cannabis, the government in several countries are permitting the use of medical Marijuana. However, the sudden rise of COVID-19 pandemic has limited the growth of the global cannabis market.

Various companies and organizations are trying their best to withstand during this pandemic situation created by the COVID-19 virus. Owing to the negative impact caused by the spread of the COVID-19 pandemic, medium and small-scale businesses are struggling to maintain their business growth for the upcoming years. Moreover, owing to the situations caused by deadly viruses all over the world, industry leaders are now in search of new business strategies to deal with the difficulties faced during this pandemic period. 

The Way Ahead for the Cannabis Market

According to the researchers in Canada, the COVID-19 disease can be prevented with the help of strong strains of cannabis. However, to prove the effectiveness of cannabis against COVID-19 disease, still more evidence and research is required. Hence, the global cannabis market is estimated to grow at a robust pace in the coming future, if the COVID-19 treatment is derived by using cannabis.

 

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