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U.K. Government Becomes Part Owner in CBD Firm

Here is the fascinating, if not frustrating, thing about U.K. cannabis reform: It is not like the government hasn’t seen the potential for years. Indeed, former Prime Minister Theresa May’s husband was the major shareholder in GW Pharmaceuticals before it was bought out.

However, for reasons deliberate and not so, the British government is becoming more invested in at least medical cannabis.

In the case of Grass & Co., a CBD manufacturer, the U.K. government became a part owner after its emergency start-up COVID loan converted into shares. The Future Fund was set up during the depths of the COVID

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