This water-in-water emulsion consists of liquid crystals suspended as water-solvated droplets dispersed in a solution of polymer whose solvent is also water. The liquid crystal component of the emulsion is disodium cromolyn glycate (DSCG). This molecule is an anti-asthmatic drug, but also exists as a special type of liquid crystal when the concentration of DSCG is ~9-21 wt%. Unlike conventional lyotropic liquid crystals which consist of oily molecules such as 5CB, DSCG molecules are not amphiphilic, but entirely water-soluble. Thus, the separation of hydrophobic/hydrophilic groups cannot be applied to DSCG. The polymer solution serves as the medium or continuous phase of the w/w emulsion. Apart from being water-soluble, one important criterium for the generation of this w/w emulsion system is that the polymer cannot bear functional groups that interact strongly with DSCG. As such, ionic polymer when mixed with DSCG does not form w/w emulsion, but gives rise to a homogeneous solution or a precipitate solution. Consequently, the known polymers that afford w/w emulsion include polyacrylic amides and polyols. Surprisingly, some of these water-in-water emulsions can be exceptionally stable from coalescence for up to 30 days.