CURE Pharmaceutical announced it has broadened its U.S. Drug Enforcement Administration (DEA) license as an authorized manufacturer of Schedule 1 substances to include both cannabis plant extracts and synthetic cannabidiol (CBD). This license allows CURE to take advantage of its latest U.S. Patent No. 10,238,705 issuing this month for the extraction and purification of cannabis plant material, as well as subsequent processing of cannabis extracts for drug formulation.
CURE will develop and manufacture cannabis-derived and synthetic cannabidiol-based pharmaceutical products using its CUREfilm™ technology at its facility in Oxnard, Calif. CUREfilm technology is ideal for the delivery of cannabinoids as it offers increased bioavailability, ease and precision of dosing and greater palatability.
“This license approval significantly expands the potential formulations we can develop,” said Rob Davidson, CEO of CURE Pharmaceutical. “Which, coupled with our growing patent estate and proprietary manufacturing process, extends our competitive advantage and moves us closer to bringing breakthrough pharmaceuticals to consumers.”
Read the latest coverage:
CURE Pharmaceutical Expands DEA License To Manufacture Cannabinoid Molecules (Benzinga)
CURE Pharmaceutical Snags DEA License to Manufacture Pharmaceuticals From Cannabis (BioSpace)