- Focused on cannabis oil product development
- Collaborating with Universities of Waterloo & Western Ontario in R&D
- Strategy to capture market share of non-smoke MMJ products
For MMJ patients who don’t want to take up smoking, Algae Dynamics Corp. (OTCQB: ADYNF) is developing non-smoking delivery systems for cannabinoids. The company aims to produce new formulations of algae and cannabis oils that deliver health benefits without the attendant dangers that result from smoking.
Smoking is a killer. Statistics published by the Centers for Disease Control and Prevention (CDC) estimate that ‘cigarette smoking kills more than 480,000 Americans each year, with more than 41,000 of these deaths from exposure to secondhand smoke’ (http://nnw.fm/fjLk5). Smoking–related illness costs the U.S. economy ‘more than $300 billion a year, including nearly $170 billion in direct medical care for adults and $156 billion in lost productivity’. Yet, tobacco use is a preventable cause of death and disease, which the 15 percent of the population who smoke can avoid, and many would do so if they are…
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