Sativa Investments positions itself for ‘huge opportunity’ in medicinal cannabis

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Britain’s medicinal cannabis market can be larger than Canada’s if laws here change believes Geremy Thomas, chief executive of Sativa Investments PLC (LON:SATI). At present, there is a virtual ban in the UK on any product containing Tetrahydrocannabinol or THC, the substance in marijuana/cannabis that makes you high. But it is a combination of THC and CBD, a pain reliever also derived from marijuana and that is legal in the UK, which gives medicinal cannabis its potency says Thomas. In Canada, which legalised medicinal products in 2001, sales are predicted to soar to C$10bn (£5.8bn). There are almost twice as many people in the UK so it’s fair to see the market here being considerably larger, Thomas told Proactive. Sativa Investments positions itself for ‘huge opportunity’ in medicinal cannabis

thumbnail courtesy of proactiveinvestors.co.uk

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