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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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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