New February Deadline Set For CBD Companies Looking To Secure UK Novel Food Authorisation January 24, 2022 Peter McCusker Hemp Policy & Legal, United Kingdom 0 Comments THE UK Food Standards Agency has set a new deadline of the end of February for the submission of data to support some CBD Novel Food applications, it has emerged. This comes as one UK company – British Cannabis –… Read More→
Industry Rocked As Leading UK Bank Shuts Its Doors To Cannabis Businesses January 11, 2022 Ben Stevens Banking, Finance & Real Estate, United Kingdom 0 Comments METRO Bank, one of the few institutions in the UK open to working with cannabis-related companies, is now closing its doors to the sector. The bank, which became the first high street bank in over 100 years to open in… Read More→
Cannabis-Cautious Financial Regulators Delay UK Cultivator’s London Stock Exchange Plans January 10, 2022 Ben Stevens United Kingdom 0 Comments HELLENIC Dynamics, set to become the first ever cannabis cultivation company to list on the London Stock Exchange (LSE), is now planning to launch its IPO later this month. The Greek cultivator announced its intention to list on the Standard… Read More→
Cookies Stores To Open On UK And Continental High Streets In Coming Weeks January 6, 2022 Ben Stevens United Kingdom 0 Comments INTERCURE, which calls itself the ‘most profitable and fastest growing’ cannabis company outside of North America, is poised to open a number of cannabis shops on UK high streets. The Israeli firm has set its sights on London as it… Read More→
Sound Familiar, London Mayor Sadiq Khan plans pilot to ‘decriminalise’ minor cannabis offences January 4, 2022 AggregatedNews United Kingdom 0 Comments Scheme could ‘divert young people found with small amount of cannabis’ away from arrest by police Downing Street has expressed concern over moves to end the prosecution of young people caught with cannabis in some London boroughs, under a pilot… Read More→
New THC Level Guidance Welcomed – But Further Concerns UK CBD Industry Is To Become Isolates Only December 20, 2021 Peter McCusker United Kingdom 0 Comments New THC Level Guidance Welcomed – But Further Concerns UK CBD Industry Is To Become Isolates OnlyMUCH-AWAITED guidance on the permitted levels of THC in UK CBD products has been met with a mixed response and sparked some concerns over… Read More→
Regulator Issues Warning To Non-Complaint CBD Firms As It Prepares to Publish Much-Anticipated Public List December 14, 2021 Peter McCusker United Kingdom 0 Comments THE head of the Food Standards Agency (FSA) says it is now only a matter of weeks before it publishes further details on the CBD products and companies which will be allowed to remain on the UK market. At an… Read More→
UK Government Fails To Back New Measures To Boost Medical Cannabis Access December 12, 2021 AggregatedNews Hemp Policy & Legal, United Kingdom 0 Comments CONSERVATIVE MPs have blocked efforts to boost UK medical cannabis access with the Government saying the existing legislation is sufficient. With just three prescriptions written under the National Health Service system in the three years, since the law changed, even… Read More→
Medical Cannabis Cost-Benefit Analysis Set To Be Launched By UK CIC At A Cost of £30,000 October 21, 2021 Peter McCusker United Kingdom 0 Comments THE initial priorities of the UK Cannabis Industry Council have been identified following a special general meeting attended by around 50 members. The meeting in Arlington St, next to the Ritz Hotel, London, saw members consider part-funding a university-based cost… Read More→
Frustrated UK CBD Sector Still Waiting For Clarity With Three-Quarters Of Novel Food Applications Having Now Failed October 8, 2021 Peter McCusker United Kingdom 0 Comments ATTEMPTS by the UK food quango to regulate the country’s vibrant CBD market continue to flounder leaving many in the industry ‘frustrated’. Six months after it set its initial deadline for Novel Food compliance the UK Food Standards Agency (FSA… Read More→
‘Time For The UK To Remove Its Restrictive Regulations Surrounding Hemp Cultivation’ August 31, 2021 AggregatedNews Op-Ed, United Kingdom 0 Comments by Jamie Bartley, Executive Chair Cannabis Industry Council (CIC) HEMP is one of the oldest cultivated plants on Earth. Archaeologists working in what is modern day Iran and Iraq, have found remnants of hemp cloth dating back 10,000 years, and… Read More→
LYPHE Group Opens Swiss Division With Germany And Poland To Follow By End Of Year August 3, 2021 Peter McCusker Medical Marijuana, Switzerland, United Kingdom 0 Comments ONE of the UK’s fastest growing and largest cannabis companies has launched its first European operation with more to follow over the coming months. The London-headquartered LYPHE Group operates a number of divisions including the The Medical Cannabis Clinics (TMCC)… Read More→
New UK Spin-Out Looks To Europe With Its African-Grown Medical Cannabis Flowers July 28, 2021 Peter McCusker Africa, United Kingdom 0 Comments ONE of the UK’s newest medical cannabis companies is set to launch its own medicine in a move which will see it become the latest vertically-integrated market player. Akanda has been spun out of US entity Halo Collective and incorporates… Read More→
CBD And Hemp Products Are ‘Over-The-Counter Medicines Or Novel Foods’ – Say Influential UK Trade Group June 28, 2021 Peter McCusker United Kingdom 0 Comments THE UK Government signalled its intent to support the country’s burgeoning CBD sector in January this year. In a letter to the Advisory Council for the Misuse of Drugs (ACMD) the Home Office Minister Kit Malthouse asked it to determine a… Read More→
Industry Concerns Surface Over No 10 Taskforce’s Hemp And Cannabis Proposals June 25, 2021 Peter McCusker Hemp Policy & Legal, United Kingdom 0 Comments THE initial warm welcome to proposals to make UK cannabinoid regulations a matter for the health authorities – not the criminal ones – have cooled in recent days. On Thursday last week senior advisors to the Prime Minister led by… Read More→