Cannabis and the Pharmaceutical Industry
For years, people have articulated the medical benefits of cannabis Meanwhile, medical research has continued to zoom in on the harms rather than the benefits. With the progress of legalisation, this is finally beginning to change, not only in terms of perception but also in the approach of research. The approval of a growing number of canna-based medicines is leading to more personalised and holistic healthcare options for patients all around the world with all kinds of conditions.
Cannabis is an alternative therapeutic solution.
Medicinal cannabis can be used in place of established prescription medications for at least a dozen different conditions. These include:
- Chronic pain
- neuropathic pain
- PTSD
- anxiety
- chemotherapy-induced nausea and vomiting
- Tourette syndrome
- epilepsy
The relationship between cannabis and other medications is an area that still requires more medical research and attention however for medical professionals to provide more effective treatments.
A 2023 study found that medical cannabis treatment was found to be linked with gains in all physical and mental health measures, including overall health, physical pain, physical functioning, mental health, sociable functioning, and energy.
The positive effects of cannabis treatment on patients can be summarised by the following:
Physical Function: enhanced athletic performance and a decline in physical pain.
Emotional Perceptiveness: Cannabis can help relieve symptoms of anxiety and depression, leading to better mental health.
Contribution to Society: Enhanced mood and decreased pain allow for more prominent social interaction and participation in daily activities, improving quality of life.
Cannabis-based medicines are also unlocking lucrative business prospects for the industry. According to Statista, income from the global medicinal cannabis market is estimated to touch $2.2 billion by 2025.
Cannabis already has a notable influence on the generic pharmaceutical industry. However, regulatory and research-related challenges remain the greatest obstacles to taking things further and allowing cannabis to show its full potential. More research is required to allow medical professionals to fully comprehend and be able to harness and exploit the entire spectrum of medicinal benefits that cannabis offers.
More From Soft Secrets:
Cannabis Could Cost Big Pharma Billions.
Cannabis DOES relieve pain, says new Cancer Study.
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Liz Filmer
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