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How Britain’s Three Crown Dependencies Are Stealing A Cannabis March On the Mainland

By Jane Hall, Businesscann Frustrated by the UK Government’s stance the three UK Crown Dependencies of Jersey, Guernsey and the Isle of Man, have taken matters into their own hands. Sensing an opportunity to tap into a burgeoning market and…

UK Government Looks To Remove Hemp and Cannabinoids From Home Office Oversight To Boost Industry’s Growth

GOOD news for UK hemp and cannabis today with the unveiling of proposals which could free the industry from the regulatory grip of the crime-focused Home Office and unleash its economic and well-being potential. BusinessCann reported in April how senior…

UK Regulatory ‘Confusion’ Threatens Future Of Booming CBD Industry As A Further 67 Applications Hit The Novel Food Buffers

LATEST figures for the UK Food Standards Agency show an increasing number of applications failing to make it through the first stage of the CBD Novel Food process. The latest worrying development for the UK CBD industry comes over three…

The First Natural Cannabis Plant Product To Be UK Validated As A Food Ingredient

AS the dust settles on the release of the UK Food Standards Agency’s first Public List of Validated Novel Food CBD applications, it’s fair to say that a significant milestone has been reached. It passed under the radar initially, but…

Prime Minister’s Senior Advisors Seek His Support To Create A World-Leading UK Hemp Industry.

BORIS Johnson will this week receive suggestions from a senior Government taskforce – led by Sir Iain Duncan-Smith – which could mark a significant turning point for the UK cannabis industry. Taskforce member George Freeman MP says it proposals have…

Just Two Companies On The First UK Novel Food Validated List Published Today

PRODUCTS from just two suppliers have been listed on the Food Standards Agency initial Regulated Products CBD Novel Food published today. Those from synthetic Pureis CBD and a second company 4MP Technologies have been Validated by the FSA. Lady Chanelle McCoy…

New Cannabis Industry Council Aims To Create A Single Unified Cannabis Voice For The UK

A NEW UK Cannabis Industry Council is being created aimed at providing a platform for the industry to speak with one voice. It is being driven initially by Prof Mike Barnes – Chairman of Medical Cannabis Clinicians Society – it…

Over 750 Novel Food Applications Submitted To FSA – But Only 200-Plus Currently Moving Forward

NERVOUS times for many in the CBD industry this evening as the UK Food Standards Agency (FSA) has released numbers to BusinessCann on Novel Food applications. Yesterday (March 31), was the deadline for applicants to file Novel Food submissions to…

Over 100 CBD Businesses Given April 1 Deadline By Leading UK Payment Firm

THIRD party enforcement of the new UK Novel Food rules is imminent after one of the industry’s leading payment providers said it would no longer serve non-compliant CBD sellers. Worldnet Payments, which is understood to provide merchant services to over…

NHS To Launch Its First Evidence-Based Cannabis Patient Data Registry This Week

THE UK’s first National Health Service patients registry will start collating data from Thursday this week in a significant move for medical cannabis in the country. The development has been welcomed and comes as the nation’s doctors are said to be…

The Three Routes To UK CBD Novel Food Authorisation And The Data Complexities Surrounding Validation

BUSINESSCANN recently reported the UK Food Standards Agency (FSA) had received over 400 CBD Novel Food applications from bulk ingredient suppliers. Over one-third of these had seen their applications fail to pass the initial Administrative stage, significantly reducing their chances…

UK CBD Regulators Under Fire After Last Minute Change To Novel Food Rules

UK CBD regulator the Food Standards Agency (FSA) has changed its approach to Novel Food compliance – just weeks before its deadline as it struggles to cope with the number of applications. In February last year the FSA told the…

UK Novel Food Deadline Slips As Over One-Third Of The 400-Plus CBD Applications Fall At First Hurdle

AS the UK’s new regulated CBD market beckons BusinessCann has learnt that less than 25% of applications have so far been passed on to the Validation phase. The FSA has confirmed that by the end of February it had received…

Beckham-Backed Synthetic CBD Company To List On London Stock Exchange On February 26

February 24, 2021
Peter McCusker
Banking, Finance & Real Estate, Europe, United Kingdom
0 Comments

A £25m CBD company backed by footballer David Beckham’s investment firm is to list on the London Stock Exchange later this week. Cellular Goods says it has attracted strong demand from institutional and private investors for its initial public offering…

Cannabis Shares Traded On The London Stock Exchange For First Time

CANNABIS shares will be traded for the first time in the 320-year history of the London Stock Exchange today – a milestone event for the UK and European industry. MGC Pharmaceuticals‘ (LSE: MXC) stock price is excepted to rise (see…