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Florida - Puget Technologies announced its subsidiary, Cannabis Biotech, is initiating the development of a cannabis infused beverage line. The beverages will be developed using flavor profiles and active ingredients based on the company's ongoing research. This effort is part of Cannabis Biotech's investigation of alternative delivery systems for medical marijuana to appeal to the growing number of patients who desire the benefits of medical marijuana but do not want the harmful effects or stigma of smoking it. This is in response to the shift in thinking in the U.S. where 20 states and the District of Columbia have now enacted laws legalizing the use of medical marijuana.
Forbes reported the U.S. medical marijuana market, worth 1.7 billion in 2011, will explode to 9 billion by 2016. President and CEO of Puget Technologies Ron Leyland said, "Our outstanding research and development team is pushing the limits to achieve superior delivery methods for the growing market seeking natural cannabis-based medicine." He added, "Cannabis BioTech is committed to becoming an industry research leader as it develops products using rigorous protocols, strict administration and exacting quality standards.
Earlier this year, Puget Technologies, led by Leyland, entered the 40 billion energy drink market with a line of energy drinks and shots. Leyland said the cannabis-infused beverages will provide a refreshing, organic alternative for patients seeking relief from nausea, chronic pain, muscle spasms and other conditions. In addition to the beverages, Cannabis Biotech is also exploring sophisticated transmucosal delivery systems (administered through the mucous membranes) and transdermal patches to add to its growing product line.
News Hawk - The General @ 420 MAGAZINE ®
Source: Menafn.com
Author: MENAFN
Contact: Contact Us
Website: Cannabis Biotech Initiates Development of Cannabis Infused Beverages - Financial and Business News - MENAFN
Forbes reported the U.S. medical marijuana market, worth 1.7 billion in 2011, will explode to 9 billion by 2016. President and CEO of Puget Technologies Ron Leyland said, "Our outstanding research and development team is pushing the limits to achieve superior delivery methods for the growing market seeking natural cannabis-based medicine." He added, "Cannabis BioTech is committed to becoming an industry research leader as it develops products using rigorous protocols, strict administration and exacting quality standards.
Earlier this year, Puget Technologies, led by Leyland, entered the 40 billion energy drink market with a line of energy drinks and shots. Leyland said the cannabis-infused beverages will provide a refreshing, organic alternative for patients seeking relief from nausea, chronic pain, muscle spasms and other conditions. In addition to the beverages, Cannabis Biotech is also exploring sophisticated transmucosal delivery systems (administered through the mucous membranes) and transdermal patches to add to its growing product line.
News Hawk - The General @ 420 MAGAZINE ®
Source: Menafn.com
Author: MENAFN
Contact: Contact Us
Website: Cannabis Biotech Initiates Development of Cannabis Infused Beverages - Financial and Business News - MENAFN
