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Saturday, January 28, 2017 1:50:20 AM
http://www.finanznachrichten.de/nachrichten-2016-12/39399286-plandai-biotechnology-inc-announces-south-african-department-of-health-endorses-access-to-medicinal-cannabis-move-may-provide-an-opportunity-for-p-256.htm
On Dec 5, 2016
***Plandaí's South Africa legal representatives sent a letter on December 5, 2016 to the South African Director-General of Health, requesting clarification on the Department of Health's position on granting research licenses in light of the Dept. of Health's endorsement. Should the Dept. of Health decide to grant research licenses, Plandaí may then move forward with plans to validate and clinically develop its Phytofare® extract in South Africa in conjunction with North West University's Drug Development Platform.
On Dec 8, 2016
***announced the Parliamentary Portfolio Committee on Health in South Africa outlined a clear plan endorsing the need for greater availability of medicinal cannabis to those who suffer from chronic pain.
The Company's 2014 Cannabis initiative was focused on the possible development of a cannabis extract utilizing its Phytofare® technology with the objective to design a non-psychoactive, full profile Cannabis complex of all 113 known cannabinoids. The Company's unique extraction process should prohibit the metabolizing of non-psychoactive acid-form cannabinoids (THC-A and THCB), resulting in an extract that could deliver all the potential medical benefits from a full cannabinoid complex without being psychoactive.
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