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Florida Lawmakers Consider MMJ for Pets

Ryan Allway

April 21st, 2015

Policy, Top News

Lisa Miller, a lobbyist with nearly three decades of experience pitching lawmakers on insurance issues, wants to add animals to a research component included in Senate medical marijuana proposal SB 7066. The single sentence amendment would permit the Department of Health to contract with a veterinary research organization to evaluate the use of medical-grade marijuana in treating animals.

Similar to humans, Ms. Miller hopes to encourage the use of medical marijuana in treating seizure disorders and other serious illnesses that affect animals. There are few studies on animals showing the potential benefits – one lab rat study has shown potential with CBD-based treatments, but many vets have dealt with seriously sick animals that devoured their owners’ stash, making it a tough sell.

By authorizing the study of medical marijuana on animals, Ms. Miller hopes to alleviate these concerns and create real treatment options for animals that have few other options to reduce their symptoms. Many experts believe it’s unlikely that the bill will make it into this year’s proposal, but the move could pave the way toward a more effective introduction next year, as well as set a precedent elsewhere.

Peak Pharmaceuticals Inc.’s [stockquote symbol=PKPH] Canna-Pet™ product line already offers CBD-infused pet treats through online retailers like Amazon.com, although the company can’t make any health claims without undergoing clinical trials to prove them. Since the CBDs are extracted from hemp, the company isn’t restricted in the same way that medical marijuana companies are in production.

Since signing an agreement with Canna-Pet LLC, the company has already generated significant sales revenue in the early stages of its expansion. Management reported revenue of $161,000 during the fourth quarter of 2014, while indicating that subsequent orders have been robust and growing. In fact, the company sold out of its new MaxCBD Biscuits soon after their launch earlier this month.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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