Cannabinoid Market Snapshot: GW's Epilepsy Success Bodes Well

Over 50 cannabinoid drugs are in development, most commonly targeting central nervous system diseases. Analysts think the relaxation of restrictions on medical cannabis is helping with perception problems, but so far there’s little evidence the market isn’t just smoke and mirrors.

The market for pharmaceutical-grade cannabinoid drugs is looking brighter following the success of GW Pharmaceuticals PLC in a third pivotal trial in hard-to-treat forms of epilepsy.

UK-based GW Pharmaceuticals recently announced that its cannabinoid Epidiolex – which includes cannabidiol (CBD) but not the psychoactive tetrahydrocannabinol (THC) – hit efficacy endpoints with strong statistical significance in a...

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