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Peak Pharmaceuticals Brings CBD-based Therapies to Pets

Ryan Allway

February 11th, 2015

News, Top Story

The medical marijuana industry has grown at a 16.2% CAGR between 2009 and 2014 to reach $2 billion in revenue, according to IBISWorld, driven by widespread legalization and promising new data from clinical trials. Some of the non-psychoactive cannabinoids found within the drug – including cannabidiol (“CBD”) – could prove useful in treating conditions ranging from neurological diseases like Alzheimer’s disease to metabolic diseases like diabetes or obesity.

Over the same timeframe, the U.S. pet industry grew at an 8% CAGR to reach $58.51 billion by 2014, according to the American Pet Products Association, driven by an increasing portion of consumer spending being dedicated to “man’s best friend”. Spending on food and over-the-counter medications were the two largest subsets of the burgeoning industry, generating revenue of $22.62 billion and $13.72 billion, respectively.

[stockchart symbol=PKPH]

In this article, we’ll take a look at Peak Pharmaceuticals Inc. [stockquote symbol=PKPH], a leader in the research, development, sales and marketing of safe, hemp-based, medicinal products and supplements that’s well-positioned to take advantage of these trends.

Bringing Relief to Pets

Peak Pharmaceuticals acquired an exclusive worldwide license and rights to the products and technologies developed by Canna-Pet LLC in late-2014 in exchange for royalties. By doing so, the company quickly entered into the pet industry with a CBD-based product line that it plans to aggressively expand over the coming quarters. These products are supported by Doctors of Veterinary Medicine in six states and an MIT-educated entrepreneur.

Nearly half of pet owners (41%) have tried alternative therapies to improve their pets’ health, including nutritional supplements (29%), herbal remedies (7%), and homeopathy (4%). Capturing just a fraction of the $13.72 billion over-the-counter pet medication market with its CBD-based products could generate significant long-term value for shareholders. For instance, just 1% of the market would equate to $137.2 million per year in revenue.

According to Dan Goldfarb, President of Canna-Pet LLC, “Twenty years of animal research mirrors many current human studies indicating that CBD therapies can assist with inflammation, anxiety, compromised immune systems, allergies, digestive issues, nausea, chronic pain, cancers and seizures. Our relationship with [Peak Pharmaceuticals] complements their ongoing human health science R&D efforts while rapidly elevating our core science competency, operational and financial planning, and provides access to the first domestic hemp crops produced in over 60 years.”

Low-Risk, High-Value

Non-psychoactive hemp-based foods have been fully legalized following a February 2004 court decision – HIA v. DEA – where a judge ruled that the DEA could not regulate naturally occurring THC not contained within or derived from a marijuana plant. With hemp-based CBDs excluded from the DEA’s Schedule I Controlled Substances list, anybody is free to sell non-psychoactive hemp-based nutritional supplements or other food-based products.

The science supporting the efficacy of CBD-based therapies has been building over time. As an immunomodulator, CBD2 interrupts the cytokine inflammatory cascade that’s activated by oxidative stress and disease states so local inflammation doesn’t damage tissue. These dynamics are useful for treating a number of diseases and conditions in both humans and animals, with a growing number of clinical studies confirming efficacy.

For example, GW Pharmaceuticals plc (NASDAQ: GWPH) is conducting clinical trials evaluating cannabinoids for the treatment of cancer pain, neuropathic pain, arthritis, and bladder dysfunction. With over 60 different cannabinoids being studied, CBD marks just one of many potential targets worthy of future evaluation. Many other companies have also joined the fray over the past couple of years, contributing to a growing body of research.

Looking Ahead

Peak Pharmaceuticals is just scratching the surface of its long-term potential. With agreements in place with a hemp farm and CBD-based pet products partner, the company is uniquely positioned to take advantage of the “low hanging fruit” within the industry. The success of pet companies like Zoetis Inc. (NYSE: ZTS) or PetSmart Inc. (NASDAQ: PETM) demonstrates the industry’s significant size and impressive growth characteristics.

The long-term potential comes into play when looking beyond the pet industry to the human nutritional supplement industry, which is considerably larger by almost any measure. With access to extensive research and development resources, the management team plans on identifying the best way to access the market by leveraging revenue from its pet business to avoid going to the market to raise significant amounts of dilutive capital.

For more information, visit the company’s website at www.peakpharma.com

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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.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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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.

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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