Emyria has said it must focus on revenue generation rather than registering a low-dose CBD product after confirming a phase III clinical trial for the treatment of psychological distress “remains on hold”.
The WA-based drug-development firm has switched its focus away from cannabis in recent months after approved psychiatrists were given permission to prescribe MDMA and psilocybin for treatment-resistant depression and post-traumatic stress disorder (PTSD).
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