Business
Ehave Looks to Validate Medical Cannabis through Right Data -- CFN Media
Ehave Looks to Validate Medical Cannabis through Right Data -- CFN Media.
About this update from Ehave Inc.
[{"type":"text","content":"\n\n SEATTLE, WA, Dec. 14, 2017 (GLOBE NEWSWIRE) -- \n CFN Media Group (\"CannabisFN\"), the leading creative agency and media network dedicated to legal cannabis, announces publication of an article discussing Ehave Inc.’s (OTCQB: EHVVF) rollout of its mental health data platform into the medical cannabis industry. The cannabis industry is projected to exceed $50 billion in the U.S. and $22.6 billion in Canada over the coming years, according to Cowen & Co. and Deloitte analysts, driven by the legalization of the drug across North America. Despite the widespread legalization, many physicians remain hesitant to prescribe the drug given the lack of “gold standard” clinical data surrounding its safety and efficacy in treating medical conditions. Ehave aims to change these dynamics by deploying its innovative mental health data platform into the medical cannabis industry. In partnership with a leading licensed producer, the company hopes to collect data to support a clinical trial of medical cannabis’ efficacy in treating post-traumatic stress disorder and other conditions. Leading Mental Health Data Platform Ehave has developed a mental health data platform designed for clinicians, patients, researchers, pharmaceutical companies, and payers. Through its two key components - MegaTeam and Ehave Connect - the platform is focused on leveraging the “right data” (rather than “big data”) to derive meaningful conclusions from vast data sets. This approach differentiates it from many other “big data” companies entering the space. The MegaTeam component is a clinically validated digital assessment and rehabilitation software application designed to measure the cognitive abilities of patients with attention deficit hyperactivity disorder - or ADHD. The engaging video game-based environments include measurements like Stop Signal Reaction Time Assessment, N Back Assessment, Inhibitory Control Rehabilitation, and Working Memory Rehabilitation. The Ehave Connect component is a cloud-based platform that enables the input, tracking, and extraction of clinical data while providing diagnosis and treatment insights to clinicians. Rather than relying on pen-and-paper assessments, the tool enables mental healthcare professionals to capture and record objective patient data throug...