NFL Admits Concussion Truth as Cannabis Company Leads Effort to Conduct Research Studies

Jake Plummer Charlottes Web

The Stanley Brothers, producers of the Charlotte’s Web oils featured in Sanjay Gupta’s Weed in 2013, which opened the world’s eyes to the promise of cannabidiol (CBD), announced an important initiative last week just days before the National Football League’s stunning admission regarding the link between concussions and  chronic traumatic encephalopathy (CTE).  In partnership with the nonprofit Realm of Caring Foundation, CW Botanicals launched a video campaign to raise $100K to fund a series of studies at John Hopkins University and the University of Pennsylvania exploring how the use of cannabinoids, specifically CBD, can help treat and prevent the onset of symptoms associated with CTE and traumatic brain injury.

“When Bright Lights Fade” is narrated by Melissa Etheridge and features former NFL players Jake Plummer, Nate Jackson, Charlie Adams, Tatum Bell and Reuben Droughns.  According to the press release issued March 9th, Realm of Caring intends to fund additional research if results indicate health benefits associated with cannabinoid use. Baltimore Ravens offensive tackle Eugene Monroe donated $10,000 to the effort and publicly voiced his support.

Exclusive article by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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