Beckington is not the first place you would imagine to be at the centre of a cutting-edge industry, but due to a change in recent government legislation and the drive behind one Beckington-based family business, that is exactly what is happening.
George Botanicals, founded in September 2017, manufactures and processes hemp-based products containing CBD on its farm in Beckington. When the government changed its policies on the use of hemp and cannabis-based products, Geremy Thomas, a successful serial entrepreneur and Beckington resident, saw an opportunity to bring this age-old product back to the present.
Sativa Investments (NEX:SATI) is the UK’s first medicinal cannabis investment vehicle. After investing in two North American businesses, it is now progressing a UK seed to consumer investment strategy with 100% ownership of businesses involved in the production, testing and compliance, research & development including pharmacology, commercialisation and sales & marketing of medicinal cannabis and cannabidiol products. Two UK businesses, George Botanicals and PhytoVista Laboratories, are already fully operational. The Company intends to add a 7.5-acre cannabis growing and processing facility and has already executed an option agreement over an optimum site.