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Stock impact report

High Tide Leverages US Subsidiaries to Target Federal CBD Reimbursement Opportunity [TheStreet.com]

High Tide Inc. - Common Shares (HITI) 
Company Research Source: TheStreet.com
United States federal pilot program for CBD products . This strategic initiative by the Centers for Medicare & Medicaid Services (CMS) represents a significant opportunity for the firm. The proposed pilot focuses on evaluating CBD as a viable treatment for chronic pain among the older population. In light of this development, High Tide is uniquely positioned to offer its high-quality, hemp-derived products to a massive federal network. This move could represent the first significant bridge between the legal cannabis industry and federal insurance reimbursement. The program aims to provide data on safety and efficacy for patients currently relying on Medicare. Specifically, the government is searching for non-addictive alternatives to traditional opioid-based pain management therapies. This move indicates a growing federal acceptance of cannabinoids for therapeutic use within the United States. Furthermore, federal involvement would likely standardize testing and quality control prot Show less Read more
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