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UK Government Reschedules Cannabis Products For Medical Use

The UK government’s Secretary of State for the Home Department Sajid Javid has today made the following Written Ministerial Statement:

Today, the Government is laying the Misuse of Drugs (Amendments) (Cannabis and Licence Fees) (England, Wales and Scotland) Regulations 2018 in the House. These regulations reschedule cannabis-based products for medicinal use and will come into force on the 1st November 2018.

 

Sativa Investments (NXT:SATI) seeks to invest in global companies which are well-placed to take advantage of the dynamic regulatory environment surrounding medical Cannabis. Our investment strategy focuses on production, pharmacology, testing and compliance, R&D commercialisation, and sales and marketing. The Directors are already engaging with possible target investments in their key areas of interest

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