Guernsey issues first cannabis growing license to 4C Labs Green Light 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 Pass the Duchess Two peers will help a medical cannabis company cash in during its upcoming London float. Yesterday Equinox announce plans to list on AIM.
Boris Johnson considers calls from Tory MP to legalise magic mushroom drug Prime Minister Boris Johnson has told Tory MP Crispin Blunt he will look at the latest advice on the legalisation of psilocybin. The psychedelic drug is found in magic mushrooms. Blunt has urged Johnson to review the law to allow more research into the drug’s potential to provide treatment for depression, trauma and addiction The [...]
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 [...]
Snoop Dogg-backed company making painkillers from cannabis to list in London May 18, 2021 A pharmaceutical company that develops cannabinoid-based prescription medicine and is backed by Snoop Dogg will list on London’s main market later this week. The listing is expected to take place on Friday 21 and will value the company at around £48m. The public offering has been heavily oversubscribed. Oxford Cannabinoid Technologies (OCT) aims to develop [...]
Exclusive: Medical cannabis company chaired by former Lord Mayor of London to float on LSE May 12, 2021 Hellenic Dynamics, a medical cannabis cultivation business, plans to list on the London Stock Exchange next month, in a move likely to give the budding business a valuation of £50m. The group will list on the main market of the London Stock Exchange via reverse takeover into a shell company. “What we were looking for [...]