On April 13, 2020 Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a leader in personalized cannabinoid medicine focused on cancer and its side effects, reported that it has completed its preclinical development of a novel formulation containing cannabinoids which have demonstrated anti-tumor properties in studies held at the company’s High Throughput Screening (HTS) research facility in Israel, which were focused on gastrointestinal cancers (Press release, Cannabics Pharmaceuticals, APR 13, 2020, View Source [SID1234556270]).
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The company plans to examine the clinical safety and efficacy of the novel formulation which contains high concentrations of the cannabinoids CBDV and CBGA in a proprietary formulation. These cannabinoids have demonstrated complex combinatorial anti-tumor effect and have no psychoactive effect which enables patients to be treated with high dosages without intoxication.