Algae Dynamics Corp. (ADYNF) Focuses on Cannabis Oil Vision

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
367
Algae Dynamics Corp. (ADYNF) Focuses on Cannabis Oil Vision for Medicinal Applications

- The Canadian cannabis oil extraction market is projected to reach $1.5 billion by 2020
- Algae Dynamics is focused on extracting cannabis and hemp oil, which has a range of medicinal health benefits
- Cannabis oil extracts act on the human endocannabinoid system, which includes receptors in the brain, organs, and tissues

The oils extracted from cannabis plants, especially those with high levels of cannabidiol (CBD), have been used for medicinal purposes for millennia. Algae Dynamics Corp. (OTCQB: ADYNF) has been focused on cannabis oil extraction, part of its vision to become a world leader in this field. A $1 million market in Canada in 2015, the oil extraction market is anticipated to hit $1.5 billion by 2020. Full legalization is expected across the country by July 2018, and research into the Colorado market, one of the first legal cannabis markets in the U.S., has led to estimates of 45 percent of users converting from dried marijuana to extracts and oil. The market value projections are based on similar anticipated trends for the Canadian market.

By extracting the oil from cannabis, the company aims to develop a range of health products from its derivatives. Cannabis oil, according to CBD International (http://nnw.fm/WqF8k), is beneficial for various health conditions and illnesses. The focus is cannabidiol, one of the main ingredients in marijuana. The other is tetrahydrocannabinol (THC), which is responsible for the psychotropic effects of cannabis. On the other hand, CBD does not produce a high and has been used to treat pain and epileptic seizures, as well as to slow the effects of Alzheimer’s disease. Studies have shown CBD to act on the enzymes that form amyloid plaques in the brain, which kill brain cells in people with the disease, with CBD believed to slow down this progression.

Also, CBD has antioxidant effects that can help improve heart health. It can ease pain associated with multiple sclerosis as well. Other effects of cannabis oil include boosting appetite, treating inflammatory bowel diseases such as Crohn’s disease and ulcerative colitis, and inducing a longer, more restful sleep. It’s been used to manage conditions such as anxiety, glaucoma, post-traumatic stress disorder and cancer.

Algae Dynamics Corp. is highly focused on cannabis oil extraction. Complementing it with Omega-3 oils from algae to boost the effectiveness of medicinal cannabis oils, this effort is helping the company take advantage of the traction cannabis has gained for medicinal purposes. This has been the focus of the company’s strategy for 2017, which has included university research agreements, application for a Health Canada license and supplying oil extraction equipment for the built-out oil extraction room at Bonify’s facility (a private Licensed Producer and partner).

The extracts play a significant role in human physiology. There are plant-derived cannabinoids, or phytocannabinoids, and ones produced in the human body, known as endocannabinoids. Known since the 1960s, cannabinoids have demonstrated numerous links to maintaining health. In 1992, the biological endocannabinoid system was discovered, further substantiating this connection. These compounds and their receptors are found in the brain, glands, organs, immune cells and connective tissues, leading to the development of cannabis-based oils with a number of reported health benefits.

As mentioned above, the company recently partnered with Bonify to extract cannabis oils and develop cannabis oil products (http://nnw.fm/qaf6H), with revenue to be generated from the cannabis oils the company extracts at Bonify.

For more information, visit the company’s website at www.AlgaeDynamics.com

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

CanaQuest Medical Corporation (CANQF) Stock Research Links

CANQF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Seismic Pharma Kicks Off Phase 3 Trial for Istaroxime

Updated Category News Views 4

Seismic Sets the Stage for a Medical Milestone From the heart of biotech in Durham, North Carolina, seismic waves ripple through the medical community as Seismic Pharmaceuticals embarks on a high-stakes adventure. It's official: they've enrolled their very first patient in the global Phase 3 trial of istaroxime, targeting the grim specter known as cardiogenic shock. You...

Continue Reading
RTI's $14M Boost: A Game-Changer for Tech Innovators

Updated Category News Views 6

Breaking Ground in Tech Deployment The march toward commercializing new tech can be a nightmare. Ask any innovator trying to leap from lab genius to market ready, and they'll tell you the pathway is paved with hurdles—especially in the rough-and-tumble world of energy and industrial tech. RTI International's latest $14 million move? That's a massive step in leveling the...

Continue Reading
Moore Law Investigates Aardvark Therapeutics' Risks

Updated Category News Views 2

Moore Law Launches Probe Into Aardvark Therapeutics Nobody likes stumbling across bad news over their morning coffee, but sometimes the market loves to keep you on your toes. Now it's Aardvark Therapeutics (NASDAQ: AARD) in the headlines, and not how they'd like. This time, Moore Law PLLC is rolling up its sleeves to dig into potential misconduct by the company's top...

Continue Reading
Havoc, CSBC Partner for Autonomous Maritime Future

Updated Category News Views 6

A Strategic Move Across the Pacific Well, folks, in an era where the seas aren't just blue but powered by tech-backed autonomy, here's a new chapter—the kind that doesn't just hint at innovation, it screams it. Havoc, that crafty leader in all things autonomous, inked a game-changing deal with Taiwan's shipbuilding behemoth, CSBC Corporation. They're not just building...

Continue Reading
Diaper Affordability: A Hidden Crisis, Taxpayer Burden

Updated Category News Views 6

A Silent Crisis Lurking in Diapers Diapers. We don’t think about them much until we need them, but nearly half of U.S. families are painfully aware of their cost. According to a report from the NDBN Diaper Check 2026, many struggle to meet this basic necessity. This isn't just about keeping babies clean—it's a public health issue with economic ripples Congress can't...

Continue Reading
Step Inside Henson's Creature Shop Magic in NYC

Updated Category News Views 2

Unlock Puppet Magic with Jim Henson Tours Puppet fans, let me tell you, there's something going on in Queens, NY that's got both nostalgia and innovation scribbled all over it. We're talking about the legendary Jim Henson's Creature Shop opening its doors. If you're looking to relive the magic that helped shape a generation, get ready to dive into a world where creativity...

Continue Reading
BusyBee AI Revolutionizes Classroom Feedback Efficiency

Updated Category News Views 3

Grading Overhaul: BusyBee's Role in Education Here's a twist for the history books: Agilix Labs' BusyBee, a slick AI assistant built right into the Buzz platform on Amazon Bedrock, is kicking traditional grading methods to the curb. This little helper is grading close to a million K-12 student submissions every month, meticulously approved by real teachers. Quite the...

Continue Reading
Helio Fred Garcia Honored by Diversity Action Alliance

Updated Category News Views 4

Award Ceremony Set in the Big Apple In an industry where recognition often feels as transient as a ticker's daily high, the Diversity Action Alliance (DAA) is doing its bit to emphasize the lasting impact individuals can make. On September 16 in New York City, Helio Fred Garcia will be honored with the 2026 Pat Ford Larger Than Life Impact Award at the DAA's Annual...

Continue Reading
Rare Collectibles Highlight Morphy's Auction on Oct 4

Updated Category News Views 2

Anticipation Builds for Morphy's Auction Event Morphy's upcoming event on October 4th is all about tapping into the era of revved engines, gleaming gasoline signs, and some history that could put Hollywood tales to shame. The auction isn't just a stroll down memory lane; it features over 650 lots, each a time capsule of America's automotive past. From Al Capone's ritzy...

Continue Reading
Crystal Risotti: Leading IT Compliance in Healthcare

Updated Category News Views 3

A Journey Marked by Dedication and Expertise In the demanding world of healthcare technology, where regulations can make or break a company, Crystal Risotti has carved out a space for herself as a leader. Over the last 30 years, she's developed a reputation for blending regulatory expertise with practical business strategies. Her recognition as a Pinnacle Professional of...

Continue Reading

Top 5 Most Recently Viewed Articles

HONOR Launches Cutting-Edge Mobile AI Technologies at IFA 2024

Updated Category News Views 278

HONOR Unveils Innovative AI Solutions At the prestigious IFA 2024 event, HONOR demonstrated its dedication to advancing mobile technology by introducing three groundbreaking AI solutions. These include a powerful AI PC, enhanced by Snapdragon X Elite platforms, an innovative AI agent, and an advanced AI deepfake detection feature. These innovations represent a major leap...

Continue Reading
Perfect Corp. Expands Luxury Offerings Through Wannaby Acquisition

Updated Category News Views 207

Perfect Corp. Expands Capabilities with Wannaby Acquisition Perfect Corp. (NYSE: PERF), a leader in beauty and fashion technology solutions, has launched an exciting new chapter by acquiring Wannaby Inc., a trailblazer in digital immersive experiences. This strategic purchase, facilitated in collaboration with Farfetch, marks a significant leap for Perfect Corp. into the...

Continue Reading
Discover How Muse Events is Redefining Experiences in Portugal

Updated Category News Views 249

Unforgettable Events Await with Muse Events in Portugal Muse Events, a leading global event management company, is excited to showcase Portugal as the ideal setting for world-class gatherings in 2025. With the guidance of experienced leaders Latasha Jastrzebski, CEO, and Kate Pires, COO, the company specializes in crafting unique experiences tailored to their clients'...

Continue Reading
Rising Package Theft: Americans Lose Billions Annually

Updated Category News Views 339

Understanding the Rising Threat of Package Theft Research has shown that package theft is becoming a significant concern for consumers in the United States. Recent findings reveal that nearly one in three American households has experienced package theft, which has resulted in a staggering estimated loss of around $15.7 billion due to 241 million stolen packages. The...

Continue Reading
Important Update on StubHub Holdings, Inc. Class Action Lawsuit

Updated Category News Views 239

Overview of the StubHub Holdings, Inc. Class Action Kessler Topaz Meltzer & Check, LLP is reaching out to investors regarding a recent securities fraud class action lawsuit involving StubHub Holdings, Inc. (NYSE: STUB). This legal action arises from the company's initial public offering (IPO) that took place in September 2025. Investors who acquired StubHub common stock...

Continue Reading