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How Cannabis Could Solve the Opioid Crisis -- SECFilings.com
How Cannabis Could Solve the Opioid Crisis -- SECFilings.com.
About this update from Axim Biotechnologies, Inc.
[{"type":"text","content":"\n \n \n How Cannabis Could Solve the Opioid Crisis -- SECFilings.com\n \n \nHow Cannabis Could Solve the Opioid Crisis -- SECFilings.com\n \n REDONDO BEACH, CA--(Marketwired - Aug 31, 2017) -  SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering the opioid crisis and how AXIM® Biotechnologies Inc. (OTCQB: AXIM) and other companies are developing cannabis-based products to help relieve the situation.\n The opioid crisis has ballooned to epidemic levels in the United States. With no solutions in sight, the FDA and CDC are seeking urgent solutions and the President declared a \"national emergency\". Research shows that cannabis could be a viable alternative to opioids and dramatically reduce opioid overdose deaths, but the drug remains a Schedule I Controlled Substance on a federal level, which makes it difficult to prescribe.\n Opioid Epidemic Reaches Crisis Levels\n The opioid crisis began in the 1990s with the over-prescription of powerful pain relievers. Over the ensuing years, opioids became the most prescribed class of medication in the United States with nearly 300 million prescriptions written per year. Americans diagnosed with chronic pain were given prescription opioids to alleviate their pain on an ongoing basis, although there has been no change in the amount of pain reported in the country.\n Drug overdoses have since become the leading cause of death for Americans under 50 and a full two-thirds of those deaths come from prescription opioid abuse. Between 1999 and 2016, the number of Americans that died from opioid overdoses annually has risen from 4,000 to 62,000. The problem appears to be growing exponentially with a nearly 20% increase in overdoses between 2015 and 2016 and an acceleration of deaths by mid-2017.\n Earlier this year, Maryland's governor declared a state of emergency to combat the opioid epidemic and by mid-year opioid addiction was cited as the FDA's biggest crisis and the CDC called for urgent action to combat the issue. On August 10, President Trump declared the country's opioid crisis a \"national emergency\", which puts the opioid epidemic into the lime-light and has encouraged lawmakers to seek alternative solutions.\n Cannabinoids Provide an Ideal Solution\n The legalizat...