Cresco Labs And Temple University Join Forces To Research The Untapped Medical Benefits Of Cannabis
Portfolio Pulse from Maureen Meehan
Temple University has partnered with medical cannabis producer Cresco Labs (OTCQX: CRLBF) to expand its research into the medical benefits of cannabis. Cresco Labs is currently funding four different research projects at Temple, including studies on the use of cannabis to treat chronic pain, food allergies, and chronic obstructive pulmonary disease (COPD). Early results have been promising, with one study finding that the cannabis compound CBD can decrease a form of food allergy in mice.
August 18, 2023 | 8:11 pm
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Cresco Labs has partnered with Temple University to fund research into the medical benefits of cannabis. This could potentially lead to the development of new cannabis-based treatments, which would likely increase the company's market share and profitability.
The partnership with Temple University allows Cresco Labs to be at the forefront of research into the medical benefits of cannabis. If the research leads to the development of effective treatments for conditions like chronic pain and food allergies, this could significantly increase the demand for Cresco Labs' products, leading to increased revenues and profitability.
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