A new study shows that in US-States where medical cannabis is legal, less opiates are prescribed!
A report by the ‘National Institute of Drug Abuse’ in the US from the beginning of this year shows a growing number of people suffering from opioid addictions. The unpleasant statistics record almost three times increase in the number of deaths in the USA due to overdose with prescription medications in the span of 10 years.
The United States is struggling with an opioid epidemic that’s claimed more than 300,000 lives since it began. Two current opioid addiction treatments are methadone and buprenorphine, which work on the same opioid receptors as heroin and other opioids.
The current situation, often referred to as “opioid epidemic”, has its roots in the early 90s of the past century. At that time prescription drugs and strong painkillers containing oxycodone, hydrocodone and fentanyl became the number one prescribed medications, reaching 58 prescriptions per 100 American citizens in 2017. This epidemic has urged doctors and scientists to try and find better solutions for pain management and postoperative care.
Source: National Institute on Drug Abuse
Many studies have been done regarding how the legal access to marijuana can help with this issue. A new study found that states with medical cannabis laws have seen a drop in opioid prescriptions for people aged 55 and younger. Researchers at the University of Texas – Galveston investigated the patterns of opioid prescriptions in states with legalized medical marijuana for the past 15 years and came to these conclusions. Another Texas study, by the University of Texas Health Science Center at San Antonio, reveals that it may be possible to combine marijuana and opioids for pain treatment. The combination of the two lowers the amount of opioids needed by patients to manage their pain, which in turn makes them less susceptible to addictions and overdosing.
Another study, conducted by researchers at the University of California San Diego and Weill Cornell Medical College last year showed even some practical benefits for the US federal government. While also acknowledging the lower use of opioids where medical cannabis is prescribed as form of pain management, they calculated that medical cannabis legalization in states that have so far adopted it saves the federal government by a significant amount in annual Medicaid spending.
Your Cannabisradar.info editorial team monitors and analyzes the cannabis sector for you. Benefit from our unique network built up over decades to brokers, analysts and industry experts!
The latest addition to our model portfolio, PIVOT Pharmaceuticals, skyrocketed 34% in a few trading daya on high volume. Join us now and receive our next trade signals and newsletters which we send exclusively to our registered readers!
More background information and the detailed company introduction about PIVOT Pharmaceuticals can be found here!
These stocks profit the most from the global Cannabis boom – please read more in our free Cannabisradar-Newsletter! Subscribe now!
Your Cannabisradar-Team wishes you always Happy Trading!
Excerpt of our Legal Notes / Disclaimer
Financial Research & Publication Ltd operates the websites Cannabisradar.de and Cannabisradar.info called „web pages“ below.
The contents of the „web pages“, the newsletters and other publications are prepared with the utmost care. Despite all care in the preparation, Financial Research & Publication Ltd assume no liability or responsibility for the correctness, completeness and timeliness of the information contained in the content provided. Furthermore, the relevance of any price forecasts / price targets is not guaranteed in any way whatsoever. The use of the content of the „web pages“, the newsletters and other publications is at the user’s own risk. The web offer is intended for users resident in the Federal Republic of Germany, Switzerland and Austria. The web page is not intended for users who are resident in countries other than those mentioned above, have been or are otherwise subject to the regulations of other countries. Financial Research & Publication Ltd does not assume any liability or guarantee that the information contained in this web page is in accordance with the laws of other states than the Federal Republic of Germany, Switzerland and Austria.
All publications (eg. interviews, articles, short reports, featured company reports, stock market letters, newsletters, sample portfolios, chart-technical assumptions etc.) are for information purposes only and do not constitute trade recommendations regarding the purchase or sale of the instruments discussed. All publications are not to be equated with professional financial analysis but merely reflect the opinion of the website operator (and / or its internal or external editorial staff or business partners). Our produced content has a journalistic nature. The website operator and the authors of all website content assume no responsibility for the topicality, correctness or completeness of the information contained in the publications. The website operator and the external authors are not investment advisors.
The subject of published financial analysis or website content may be shares of companies that have a low market capitalization. Especially for companies with a low market capitalization, investors often have to expect high volatility or low market liquidity.
The subject of the published content on the websites are mostly stocks, that are associated with major price risks and are therefore unsuitable for inexperienced or risk-averse investors. This is especially true for all Over The Counter (OTC), i.e. the so-called outside of a monitored stock exchange or regulated market. The same applies to shares that are traded on the Australian Stock Exchange (ASX), on Canadian stock exchanges (i.e. Toronto or Vancouver) or on the Alternative Investment Market (AIM), a segment of the London Stock Exchange. The shares we analyzed or feature at our web pages are frequently traded on any of these markets in which they are segments of the highest risk category. Instruments which are traded, are threatened at any time by the possibility of a total loss, high volatility and the possibility of reduced liquidity and marketability in particular due to low trading volumes. High price opportunities are faced with enormous risks.
All of the information contained in the „web pages“, the newsletters or other published content neither constitutes a solicitation nor an offer to sell or purchase any investment or for making other transactions. It is also not a recommendation in the context of investment advice.
Any forecasts or opinions expressed reflect our own, subjective and current views of the publisher and are for guidance and information only. The „web pages“ do not consider specific investment objectives, financial situation or particular needs of individual users. The securities and financial instruments presented on these „web pages“ may not be suitable as an investment instrument for every user. Please do your own Due Dilligence.
Financial Research & Publication Ltd assumes no liability for trade ideas, market forecasts and other information made available. This is in no way a call for individual or general reproduction. The background information, trade ideas, market forecasts and securities analyzes by Financial Research & Publication Ltd published on its „web pages“, does not constitute an offer for sale of the listings handled nor a solicitation to buy or sell shares, but also not of commodities, currencies, other securities or structured and derivative financial products. The versions are based on sources the editor believes to be trustworthy.
Although the conclusions and statements contained in the analysis, publications and market assessments have been drawn with reasonable diligence, we assume no responsibility or liability for errors, omissions or incorrect information. This is also true for all of the opinions expressed by our interlocutors in the interviews, figures and expressions. Before a customer makes investment decisions, he should have carefully gathered information about the opportunities and risks of the investment. A positive performance of a financial product in the past can in no way be an indication of a future performance. The reader is urged to check all information and allegations himself. An investment in the featured, sometimes highly speculative shares should not be made without analyzing and reading the latest balance sheets, assets reports and press releases of the company. Material on this website may contain technical or inaccuracies, typographical errors or omissions, for which we assumes no responsibility. Price forecasts for financial instruments in our stock market bulletins and newsletters do not constitute a financial analysis / investment recommendation, they are based purely on subjective technical chart based forecasts of the author.
Disclosure of Interest:
Information pursuant to Section § 34b of the German Securities Trading Act [WpHG] and to Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16, 2014, on market abuse (market abuse regulation)
An individual disclosure regarding securities positions of the publisher and the authors and / or the remuneration of the publisher or the authors by the company or third parties involved in publications are expressly stated in or under the respective publication. This also applies to options and derivatives based on these securities.
The website operator provides companies with marketing and advertising services. We will be compensated for advertising services by these featured companies (sponsors) or by external third parties (e.g. consultants, who have business relationship with the companies). Here is a conflict of interest. Furthermore, a consulting or other service contract may exist or existed between the featured companies promoted on our websites and Financial Research & Publication Ltd, which also constitutes a conflict of interest. Since we can at no time rule out that other media, research provider or stock promotors publish articles or feature our clients during the same period, a symmetrical generation of information and opinion can occur. Nor can it be ruled out that companies that have booked modules to increase market awareness at our websites will not use other service providers in parallel.
We are compensated by featured companies (sponsors) on our website for advertising and maketing services. We are unable to verify all of the data released by public companies or its management. Featured companies are only profiled, we do not recommend stocks to buy or sell. We cannot guarantee all information are accurate and we may make forward looking statements that are uncertain and risky.
Financial Research & Publication Ltd or employees of the Company may at any time conduct buy or sell transactions in the shares of the featured companies (i.e. long or short positions). This also applies to options and derivatives, based on these securities. Those transactions may affect the respective company’s stock price under certain circumstances. Published information on the „web pages“, the newsletters, recommendations, interviews and company presentations are often paid by the respective company or third parties (so-called „third parties“). The „third parties“ include, for example, Investor Relations, Public Relations, Consultants, Brokers and Investors. Financial Research & Publication Ltd may partly directly or indirectly be compensated for the preparation and electronic distribution and other services in cash, and/-or shares / options by the so-called „third party” or direct by featured company. Even if we create each analysis and other content to the best of knowledge and belief and professional standards, we advise you to involve further external sources, such as your local bank or a consultant you trust regarding your investment decisions.
Information and analysis provided is for entertainment, informational and educational purposes only. Nothing in an article, research report, Newsletter, stock report, commentaries interview and other published content constitutes or can be construed as investment advice or an offer or solicitation to buy or sell a stock.
Articles, interviews or other content is based on public information and conversations with Management or company employees. We are unable to verify all of the data released by public companies or its management. Featured companies are only profiled, we do not recommend stocks to buy or sell. We cannot guarantee all information are accurate and reliable. The information may not be complete or correct. We may make forward looking statements that are uncertain and risky.
We require our staff and independent external authors and clients to disclose their positions in individual securities that are mentioned in a publication that they author and that is featured on our website and written content.
IMPORTANT: Although we require our staff and independent external authors and clients to disclose their positions in individual securities that are mentioned in a publication that they author and that is featured on our websites and publications, we cannot and will not guarantee that the information they disclose or fail to disclose is accurate, honest, truthful and complete.
In addition, portions of our websites may contain opinions that are different from other portions of our websites. Our stuff, external authors, clients, advertisers and agents may, from time to time, have long and short positions in, or buy or sell the securities, or derivatives thereof, of companies mentioned in respective website or other published content and may take positions inconsistent with the views expressed in the content.
We may hire third party service providers to electronically disseminate live news and content regarding our clients / our profiled Issuers, yet we have no control over the content of and do not verify the information that the Profiled Issuers and/or third party service providers publish. These third party service providers are likely compensated for providing positive information about the Issuer even where such compensation is not disclosed by them.
No guarantee of price data
Financial Research & Publication Ltd does not assume any liability for the accuracy of the charts and data of commodities, currency and equity markets presented in the „web pages“, in the newsletters and all produced content. Displayed prices and data may be time-delayed and out-of-date.
Imprint:
Financial Research & Publication Ltd
20-22 Wenlock Road
London N1 7GU
England
E-Mail: [email protected]
Responsible person: Paul Miller
Tel. +44 20 3608 1991
<isin> CA1380351009 </isin><isin>CA05156X1087</isin><isin> CA03765K1049</isin>
<isin> CA4283041099</isin><isin> US88688T1007</isin><isin> US36197T1034</isin>
<isin>US88688T1007</isin><isin>CA68620P1018</isin><isin>CA4283041099</isin>
<isin>CA3932102088</isin><isin>CA39342L1085</isin><isin>US36197T1034</isin>
<isin>CA1635991039</isin><isin>CA4063721027</isin><isin>CA00489Y4022</isin>
<isin>CA84730M1023</isin><isin>CA00851F1062</isin><isin>CA89356V1040</isin>
<isin>CA72580T2020 </isin>
