- Therma Bright to establish subsidiary to hold pain relief device-related technology and intellectual property developed for application/use of cannabis formulations
- Therma Bright portfolio currently includes products, devices and treatments offering cosmetic, medicinal or therapeutic benefits for effective, non-invasive, pain-free skin care for cold sores, insect and marine life bites
- Proprietary thermal therapy device technology has received Class II medical device status from the U.S. Food and Drug Administration
- Legal cannabis market expected to reach $146.5 billion by end of 2025 with CAGR of 34 percent
Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) continues to develop a new pain relief device that incorporates the company’s thermal therapy technology with medical grade cannabis or cannabidiol (CBD) sourced from hemp as a cream or gel to provide relief of back, knee and other joint pain. A wholly owned subsidiary is being incorporated to hold any device or technology that Therma Bright develops for use or application of cannabis, the company announced in a news release (http://nnw.fm/u3Xr5).
Therma Bright will conduct all research and handling of any medicinal cannabis through authorized and licensed research facilities…
- Based on double blind placebo study, InterceptCS™ is approved for the claim “For prevention of cold sores when used within 3 hours of the onset of the prodrome.” by Health Canada. InterceptCS™ is not approved by the United States FDA for any claim of clinical indication, clinical efficacy and/or cure or prevention of disease.
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