These veterans may be the future of cannabis-based pharmaceuticals
Blake speaks with Army veteran turned co-founder and CEO of RMR Laboratories, Mike Lui, about his over-the-counter cannabis pharmaceutica...
Our first product line targets chronic pain and sports injuries using CBD, which is non-psychoactive.
1 in 3 people in the United States suffer from chronic pain.
We decided to start with these applications because we saw an overwhelming need to develop a natural, effective alternative to pain killers with negative side effects, like opioids.
Here’s is a sample of what they’ve had to say:
The shortest duration of relief was 90 minutes. Some people had their pain go away completely after continued use. Every single trial user felt some type of pain relief.
The top layer of the skin, called the stratum corneum, is designed to protect the body by keeping harmful substances out.
The topicals designed by RMR Laboratories work by creating an intercellular pathway directly through the skin. The pharmaceutical technology has been shown to deliver active ingredients up to 25 millimeters below the skin in a non-toxic, non-traumatic way.
Our skin-penetrating technology provides a platform to quickly and efficiently address new health applications as well as build depth within current product lines.
We have only begun to scratch the surface on the therapeutic effects of different delivery systems and cannabis strains. In addition to topicals, we have future plans to expand into additional health and wellness product categories.
Our topicals address the source of the muscle or joint inflammation rather than try to mask the pain like existing pain relief creams do. NSAIDS can cause unwanted side effects like stomach irritation. Finally, unlike opioids, our pain relieving topicals have a localized effect, are not psychoactive (in the case of CBD), and are convenient to use because they do not impair motor function.
Our first three markets for product launch will be in Colorado, Oregon, and California. We are currently finalizing pre-orders from these three markets for $2.2M in revenue in the first half of 2018.
Our exclusive partnership with Advanced Nutrients for production and distribution expands our reach into every major market for medical and recreational cannabis, both in the US and internationally.
Our operating model allows us to scale quickly and efficiently. We centralize our research and production in California and ship the formula base without cannabis actives to each market where the end products are produced.
The proceeds from the campaign will be used on three priorities:
I believe in the power of high expectations on the performance of people and teams. I believe that everyone has a ceiling that they cannot see, but if they continue to strive and persevere, that high ceiling may come into view. That's why I believe in the power of the work we are doing at RMR Laboratories. If we can develop products to reduce people's pain in a meaningful way without paralyzing addictions or side effects, then we've given them a chance to set and strive for those high expectations.
Thank you for taking some time to learn about the work we are doing at RMR. I'm proud of the progress the team has made in such a short period of time. Our first flagship CBD formulation has garnered tremendous response from our trial participants and I can't wait to make it available to all those that experience chronic pain.
But we're just getting started, and I'm just as excited about the rest of our roadmap. We finally have the ability to use clinically valid transdermal technology to steer the healing properties of cannabis to where we need it. That to me is game-changing.
I hope you'll join us.
One year's supply of our chronic pain CBD cream. (12 x 25 ml product) *subject to availability in your home state
Three year's supply of our chronic pain CBD cream. (12 x 25ml product). Plus, one year supply of another product of your choosing ( 12 x 25ml) from our catalog. *subject to availability in your home state
All the above, plus an autographed item from one of our endorsers.
All the above, plus an exclusive invite to a BigMike launch party. *travel not included
All of the above, plus exclusive invite to the annual investor retreat, including travel.
This is the most common question that we receive. The short answer is yes. If our topicals contain THC, you will receive a psychoactive effect from it and you will test positive on a drug test. For the first products we are launching in 2018 targeting chronic pain and sports injuries, the formulations contain only CBD, which is not psychoactive, and you will not get ‘high’.
Our roadmap for topicals is extensive and we have not even scratched the surface with regards to the health applications we can address. Having said that, we are also in the process of exploring other delivery systems and health and wellness categories, like nasal and sublingual sprays. One thing that we are not currently pursuing however is any edible or smoked products.
Chronic pain is officially defined as an unpleasant sense of discomfort that persists or progresses over a long period of time that is often resistant to medical treatments. On the other hand, acute pain suddenly arises in response to a specific injury, like a broken arm.
Our products contain active ingredients derived from cannabis and are subject to the regulations that cover those ingredients when it comes to interstate travel. We advise you consult with your local state and federal laws as appropriate.
Our products contain all natural ingredients that adhere to stringent quality standards. If you have any doubt, we advise you consult your medical professional prior to starting any new course of therapy.
No, our products are over-the-counter.
Chronic pain differs in severity and source. The short answer is to apply when you are feeling pain and proactively if you know what triggers your pain - for example, we have athletes apply to their knees prior to a run. You can reapply as needed.
Specific to transdermal delivery, it represents a true revolution. It's more efficient with active ingredients (you need less, which lowers product COGS), more consistent (because it takes a direct path), and creates more options for product development (because you remove a huge barrier to bodily absorption). Specific to other delivery methods - oral, needle - it's less traumatic, but also these other delivery methods serve other purposes.
Someone has to put a stop to all the deaths from pain medication and I believe this company has the product that can do that.Roxanne PatrickInvested about 6 hours ago
I believe in the potential financial rewards and benefits of the Medical Cannabis. This company has all the right components to be very successful not just in the US and Canada but globally as well. Invested amount - $500.Paresh AminInvested about 7 hours ago
As a future recipient of the products RMR will market and as Cannabitol Hemp product user. I believe in adding RMR products in my natural medicinal portfolio.Robert P MagnoInvested about 7 hours ago
Excitement for the future!Mark YoungInvested about 9 hours ago
Wave of the FUTURE!Teddy SantosInvested about 12 hours ago
I believe marijuana can do a good job of release of pain. Investing amount: 1,000.Chau ChungInvested about 13 hours ago
I believe that this process will be well accepted as a pain relief.jim misentiInvested about 15 hours ago
I believe in the usefulness of CBD and I hope that the investment will pay off eventually. Even if not I wish the company success in providing an opioid alternate.Michael ObrienInvested about 23 hours ago
The cannabis industry is poised for a big boom in not so distant future and I dont want to miss my opportunity to get in early with a company forefront of this revolution. Thank you Republic for the opportunity.RJ MarkoeInvested 1 day ago
I have been a patient of The Pain Clinic for many years and been on prescription opioids for 12 years. I am looking for an alternative for my pain relief.Kelly CallahanInvested 1 day ago
I believe that more research into the medical applications of marijuana is needed including its potential for treating cancer.Victor SampsonInvested 1 day ago
I believe in medical marijuana and I would like to be part of the medical revolution. I also want to enjoy the growth. I invested $1,000.Jackie BlankenshipInvested 1 day ago
I invested because of the presentation of this business that I attended through Crowdability. Their in depth research into this company convinced me that RMR is an excellent investment opportunity.Mark FriebelInvested 1 day ago
I believe that diversification is important and businesses involved in marijuana related items have a current future. I see the devastations of current opioid dependence every day and see a true market for a product with such claims.Darryl BradshawInvested 1 day ago
To earn money in startups to expedite retirementJason MerrittInvested 1 day ago
I invested because this particular investment is helping people who in need of this product that will help in saving lives and have a better future for people. We need to be good stewards and help the world which is in crisis.Naville FernandesInvested 1 day ago
I invested because I believe RMR Laboratories is bringing a much needed product to the market, and that the company will be successful in this endeavor.Lee Roy GeorgeInvested 1 day ago
I invested because I believe that the 1st to market in this industry will have a profitable businessCraig DunnavantInvested 1 day ago
I believe they have found a way to manage pain that will help thousands of people.Arnold ShapiroInvested 1 day ago
If this can replace even a fraction of the opioid use in America and save those people for addiction, it will be a great event.Duncan HogeInvested 1 day ago
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