CFN Media Exclusive CEO Interview

InMed Pharmaceuticals' Biosynthesis Platform Results in an Industry First

SEATTLE, WA--(Marketwired - Nov 6, 2017) - CFN Media Group ("CannabisFN"), the leading creative agency and media network dedicated to legal cannabis, announces publication of an exclusive video interview with Eric A. Adams, CEO of InMed Pharmaceuticals Inc. (CSE: IN)(CSE: IN.CN)(CNSX: IN)(OTCQB: IMLFF). In this interview, CEO Eric A. Adams talks about the company's recent breakthrough, a study in which the team was able to identify a cannabinoid drug candidate for the treatment of glaucoma; biosynthesize that cannabinoid; develop a proprietary hydrogel delivery system; and effectively apply the new drug to the eye in a positive preclinical study.

Cannabis Industry Challenges
The cannabis industry is projected to reach $50 billion in size by 2026, according to Cowen & Co., driven by the legalization of recreational marijuana in states like California and Nevada. While many investors are focused on the recreational space, many companies have been advancing clinical trials demonstrating the medical value of cannabinoids in treating conditions like epilepsy, cancer pain, and glaucoma. Cannabinoids, the chemicals within the plant, are experiencing a significant interest in the research and development & commercialization of products for the pharmaceutical & nutraceutical markets. CBD, as an example, in the U.S alone, has been estimated to grow to a $3b market by 2012, according to GreenWave Advisors.

Despite the remarkable growth, the industry faces many challenges when it comes to developing cannabinoid therapeutics and products. The process of growing, harvesting, extracting, and purifying cannabinoids is extremely costly and time-consuming. Many cannabinoids are also only found in trace amounts, which makes extraction economically unfeasible. At the same time, chemical synthesis has its own set of challenges and laboratory costs.

The ideal solution would be an easily scalable way to produce all 90+ cannabinoids within the cannabis plant to realize the synergistic effects that they have on each other. In addition, the process should be scalable in a way that medications could be easily manufactured for millions of people without the environmental and economic costs of growing and harvesting full cannabis plants only to use a small portion of them.