Marijuana investor grants Harvard, MIT $9 million to study MMJ
- KahliBuds.com
- Apr 30, 2019
- 1 min read
Marijuana investor grants Harvard, MIT $9 million to study MMJ
Published 1 min ago
A major cannabis industry investor has made what is thought to be one of the largest private donations to study marijuana’s health effects.
It’s a move that could prove beneficial for the cannabis industry at large by spurring research in the United States and perhaps increasing medical marijuana’s acceptance among physicians.
Charles R. Broderick, managing director of Uji Capital – a New York City family office that has invested in Tweed, Aphria and other marijuana businesses – donated $9 million that Harvard and Massachusetts Institute of Technology will split, according to a Harvard Medical School news release.
Researchers hope to “unravel the biology of cannabinoids, illuminate their effects on the human brain, catalyze treatments and inform evidence-based clinical guidelines, societal policies and regulation of cannabis,” according to the release.
Categories: Cannabis Industry & Marijuana Business Briefs, Marijuana Testing Lab News, United States Cannabis Industry & Marijuana Business News
April 30, 2019 at 02:50PM Omar Sacirbey 420GrowLife, April 30, 2019 at 04:57PM
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