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Sativa Investments plc

Church of England blesses medicinal use of marijuana

The Church of England has given its backing to the use of cannabis for medicinal purposes and said it is happy to invest in the sector.

The Church Commissioners for England, who handle £8.2 billion of church assets, ban investment in companies that profit from recreational drugs but said for the first time that they would consider investing in companies that work with medicinal marijuana now that it is legal in the UK.

Sativa Investments PLC is developing subsidiary businesses involved in the production, testing and compliance, research & development including pharmacology, commercialisation and sales & marketing of medicinal cannabis and cannabidiol products.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.