UK’s cannabis industry could be worth more than £1bn by 2026, says new analysis June 21, 2022 The UK’s cannabis industry could be worth more than £1bn by 2026, according to new analysis, as countries across Europe begin to cash in on the blossoming industry. The research, by Prohibition Partners, comes as the country readies to host the Web Summit for cannabis next week, which will see industry leaders urge the government [...]
Khannabis high: Mayor praised for starting ‘national conversation’ about cannabis May 12, 2022 There aren’t many things that London mayor and the Adam Smith Institute see eye to eye on, but the legalisation of cannabis may just be one of them. Following his trip to a Los Angeles cannabis farm, Sadiq Khan announced that he would be setting up the London Drugs Commission, which looks at decriminalising the [...]
Guernsey issues first cannabis growing license to 4C Labs November 29, 2021 Guernsey has issued its first license giving business 4C LABS the green light to grow cannabis and build a state of the art cultivation site.
Peers back medical cannabis company Equinox ahead of London float November 26, 2021 Two peers will help a medical cannabis company cash in during its upcoming London float. Yesterday Equinox announce plans to list on AIM.
Pharma C Investments values CBD trade show Product Earth at £3.68m November 7, 2021 Pharma C Investments, an early-stage investor and venture builder in the medical cannabis space, invests £275,000 into Product Earth, valuing it at at £3.68m.
Green and pleasant land? The future of cannabis use in the UK July 29, 2021 Smoking as a social activity suffered a heavy blow around 15 years ago. Between 2006 and 2007, the four parts of the United Kingdom brought in new laws prohibiting smoking in public places, with Scotland being the first to take the leap. I bear a sliver of responsibility: I worked for the House of Commons [...]
LSE-listed Kanabo to buy distributor and stoke European cannabis uptake July 26, 2021 Kanabo, the first medical cannabis company to list on London’s top market, is set to buy a distributing company as it plots expansion into Europe. The deal with Materia, a processor and distributor of medical cannabis and CBD products, will make Kanabo Europe’s largest public cannabis company. Kanabo’s board has been eyeing new partnerships to [...]
Anthony Joshua becomes shareholder in CBD firm Love Hemp June 21, 2021 British boxer Anthony Joshua has become a shareholder in Love Hemp, the UK’s leading CBD and hemp products supplier. Joshua has signed a three-year endorsement deal from next month when he will take up the role of international ambassador for the brand. Love Hemp will also collaborate with the two-time heavyweight champion on a licenced [...]
Isle of Man opens licence applications for new cannabis export sector June 11, 2021 The Isle of Man Government has opened licence applications for the production, distribution and export of medicinal cannabis products from the island. It marks a major step in the IOM’s bid to be a world-leading exporter of medicinal cannabis, which will provide economic investment and development for the island. “I am delighted to welcome licence [...]
Painkiller maker Oxford Cannabinoid Technologies debuts on London’s market May 21, 2021 Oxford Cannabinoid Technologies (OCT), which makes painkillers using cannabis components, has debuted on the London Stock Exchange this morning, offering £0.01 per share. The UK-based company, a pre-revenue pharmaceutical company developing cannabinoid-based prescription medicines, will begin trading on the capital’s main market at 8:00 this morning. Offering around 960m ordinary shares, OCT is set to [...]