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Apr 25, 2017 11:16 AM EDT

Oxford University launches a world-class cannabis research center. Its main goal is to develop new medical marijuana therapies to push for herbal treatment in the United Kingdom (UK).

According to Green Rush Daily, the Kingsley Capital Partners will invest up to roughly $12 million to get the research facility going. The funds will come from its new biopharmaceutical branch, Oxford Cannabinoid Technologies (OCT). The experts then plan to use two main ways to conduct their research in finding new medicinal techniques.

For one, scientists from Oxford University will perform various experiments to identify more properties of marijuana. Secondly, the research center will provide opportunities and conferences to let other researchers share and discuss their works. In fact, the facility already aims to host the International Cannabinoid Biomedicine Conference late this year.

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Neil Mahapatra, the Managing Partner at Kingsley, said in previous media interviews that they hope that their partnership with Oxford, through OCT, would help "millions of people around the world." It also provides the UK a "global leadership role" in this fast-growing field. Specifically, the scientists want to know more about the cancer-treatment abilities of cannabis.

Currently, per The Sun, smoking weed helps cure diabetes and colitis if done while eating chili. Apparently, this process "calms the gut". For the record, chili and cannabis both produce a substance that reduces the inflammation in the gut.

The University of Connecticut tried it first on mice and it worked. Additionally, the discovery was able to reverse type 1 diabetes in some of the samples. When the chili bound itself to a receptor called TRPV1, it created a compound known as anandamide, which is chemically similar to cannabinoids found in marijuana.

On the other hand, pot research stands on unstable ground as it remains illegal in a lot of countries. Nevertheless, it has been proven that the plant can treat certain types of cancer cells, depression, anxiety, PTSD, and epilepsy. Lastly, patients with chronic pain have also felt relieved when they used medical cannabis.

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