David Beckham-backed cannabis firm on course to become LSE’s first CBD listing February 4, 2021 UK-based Cellular Goods is seeking a listing on the London Stock Exchange, which would make them the LSE’s first pure-play CBD business
Will the FCA’s new plan mean cannabis companies can come in from the cold? September 24, 2020 How does the UK’s legal and financial establishment feel about the cannabis industry? The answer to that has changed significantly over the last few years, to the point that the Financial Conduct Authority (FCA) now contemplates their listing on the London Stock Exchange. But the legal rules around how to do that are far from [...]
The UK needs a science-led cannabis industry to help people get prescriptions September 10, 2020 Cannabis has been legal medically since November 2018, but it is still not easy to get a prescription. It is sadly the reality in the UK that the vast majority of cannabis is still supplied by the black market, and not by doctors. When you consider that some estimates suggest that about 1.3m people in [...]
Deep in the weeds: How to solve the legal problem of investing in cannabis January 20, 2020 A growing controversy exists which is being discussed with increased frequency by commentators concerning the restrictions on UK firms that wish to invest in the overseas cannabis industry. The controversy arises from the uncertainty regarding the legality of investing in a foreign company, based somewhere that cannabis is legal. In the UK, cannabis and synthetic [...]
The cannabis conundrum risks causing investors to be accused of money laundering November 27, 2019 The overseas legalised cannabis industry is growing fast — estimates suggest that the US cannabis industry will be worth over $75bn by 2030. Investment firms in the UK are keen to take full advantage of this growing market, but have found unexpected hurdles in their way. For UK-based investors, investing in this industry carries the [...]