A bad trip: Oxford Cannabinoid to delist from ‘turbulent’ London markets Business Oxford Cannabinoid Technologies has given London markets further bad news after announcing plans to delist this morning.
420: Should you invest your green in the cannabis industry? Cannabis The global cannabis industry is going through a growth spurt in April, with green shoots popping up across the world.
Merger of medicinal cannabis firm Northern Leaf and CBD brand Voyager collapses Merger A deal which would have ensured the "survival" of a medicinal cannabis producer through a merger with a Scottish CBD firm has collapsed.
Embattled Love Hemp dragged out of weeds by ‘special purpose’ CBD investor for undisclosed sum February 23, 2023 Embattled CBD brand Love Hemp has been rescued from collapse, weeks after the cannabis firm was forced to draft in administrators amid plummeting sales. The group, which has been promoted by boxer Anthony Joshua, was acquired for an undisclosed price by Portillion SPV1 Limited. The group has been recently founded by Kamran Sattar, the chief [...]
London not ‘hottest’ cannabis market in Europe but hope lies in CBD November 29, 2022 The UK government should capitalise on its efforts in medical cannabis research if it wants to keep up with the budding market growing across Europe. The country currently has the second-largest cannabis market in Europe, behind only France, and worth around $150m (£125m), according to a white paper by investment bank Bryan Garnier today. The estimated value is far [...]
Cannabis products including oil, chocolate balls and gummies soon to be sold at Tesco September 3, 2022 Medicinal cannabis products including oil drops, chocolate balls and gummies will soon be stocked at Tesco after Love Hemp agreed a deal with the supermarket giant. Six of the brand’s products will be rolled out across more than 200 Tesco stores in the UK and online, it said today. London-listed Love Hemp uses CBD, derived [...]
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.