Company pledges $1 million for UBC to study marijuana's effect on HIV (BC Centre for Excellence in HIV/AIDS)

A company vying for a licence to produce and sell medical marijuana has pledged $1 million to a University of British Columbia researcher studying pot's potential for treating HIV-AIDS.

National Green Biomed Ltd. was founded by a group including former Liberal MP Herb Dhaliwal and private investment banker David Sidoo, who is also a member of the UBC Board of Governors.

Dr. Julio Montaner, head of the UBC Division of AIDS and director of the B.C. Centre for Excellence in HIV/AIDS, said some patients have reported benefiting from using cannabis.

Canadian Press reports

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Story also found on Global News BC and News1130