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flag Artelo Biosciences shares surged 50% after announcing a fully funded glaucoma trial for its synthetic cannabinoid ART27.13.

flag Artelo Biosciences shares jumped over 50% to $7.03 on March 18, 2026, after announcing a fully funded clinical study with the Belfast Health and Social Care Trust to evaluate its synthetic cannabinoid ART27.13 for glaucoma. flag The trial, supported by Glaucoma UK and the HSC R&D Division, will assess the drug’s ability to reduce intraocular pressure and is expected to enroll its first patient in the second quarter of 2026. flag The compound targets peripheral cannabinoid receptors to influence eye pressure without central nervous system side effects. flag The study marks a key step in Artelo’s expansion into glaucoma, a market projected to grow to $16.3 billion by 2033. flag The stock surge follows a recent reverse stock split and comes amid positive developments in a separate Phase 2 trial for cancer-related anorexia and a European patent extension through 2041.

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