Tilray Medical Study Shows Promise of Cannabis in Fibromyalgia Treatment

A new study by Tilray Medical, a division of Tilray Brands, shows positive results in using cannabinoid treatments for patients with fibromyalgia. The study, titled ‘Treatment in Pain Management and Other Fibromyalgia-Associated Symptoms: A Case Series (TOMAS),’ examined the impact of Tilray Dried Flower THC18 on chronic pain, sleep, and quality of life. The findings suggest that cannabinoids could be a promising and cost-effective treatment option for fibromyalgia patients.

Decibel Cannabis Reports Strong Flower Strategy Success, International Expansion and Corporate Updates

Decibel Cannabis Company, a leading manufacturer of premium cannabis products, announces significant progress in its dried flower strategy. Their QWEST brand has seen a surge in demand domestically, with a 400% increase in market share. Decibel is also expanding internationally, with initial shipments planned to the UK, Australia, Israel, and Germany. The company has also announced corporate changes including an extension request for its annual shareholder meeting and the resignation of a key officer.

Cannabis Industry Leadership Shuffle: Resignations, Appointments, and a Legal Battle

The cannabis industry is seeing a flurry of leadership changes, with resignations, new appointments, and a costly legal battle in Massachusetts. Maryland’s Cannabis Administration Director, Will Tilburg, is stepping down after a successful year of legal cannabis sales. Meanwhile, Massachusetts is grappling with a governance crisis at the Cannabis Control Commission, while other companies like 1933 Industries, Cybin, and Ascend Wellness Holdings announce new board members and executive appointments.

Cannabis Trust Score: A Game Changer for the Industry’s Financial Landscape

The cannabis industry, hampered by limited access to traditional banking services, is seeing a new wave of financial solutions. CTrust’s Cannabis Trust Score (CTS) aims to address this challenge by providing banks and lenders with a comprehensive risk assessment tool, specifically tailored for the cannabis industry. This innovative scoring system is designed to foster greater financial stability and growth for cannabis businesses.

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