Cannabis pioneer Jersey Hemp on a high with £2m funding boost

Cannabis pioneer Jersey Hemp on a high with £2m funding boost

The first company in the British Isles to win a licence to harvest hemp flowers for cannabis oil has raised £2m, as investors rush to plough money into “green” start-ups.

Jersey Hemp, based on the Channel island, was founded by former firefighter David Ryan and two colleagues in 2013. The trio were studying the combustibility of different building materials and learnt about “hempcrete” — a fire-resistant substance that comes from the woody core of hemp plants. They wanted to revive the tradition of cultivating hemp on Jersey and in August Jersey Hemp won a licence to extract CBD, which can relieve pain.

The cash came from Bernard Fairman, who founded private equity firm Foresight 35 years ago. Analysts expect the British market for CBD products…

More at the (UK)Times Site ( Paywall)

https://www.thetimes.co.uk/edition/business/cannabis-pioneer-jersey-hemp-on-a-high-with-2m-funding-boost-fxwl3kx9w

Sponsor

NACB Latest News

Mark Taylor

Our European Editor has published the title.

Cannabis Law & Regulation with UK Publisher. Bloomsbury Professional

Green Entrepreneur

Sponsor – aBizinaBox

Cannabis Law Report Supports
Extinction Rebellion Earth

Sponsor – Cannabis Law Digest

Bored of Reading Cannabis Industry News? Take A Lighter Turn At Wake & Bake Daily.

Bust of the Day

Upcoming Events

  1. THE EVOLUTION OF CANNABIS SCIENCE – SAN DIEGO

    January 26 @ 8:00 am - February 29 @ 5:00 pm UTC+0
  2. Texas Hemp Convention

    January 28 @ 8:00 am - January 30 @ 5:00 pm UTC+0
  3. 2nd ANNUAL FUTURE CANNABIS STRATEGIES EUROPE

    January 29 @ 8:00 am - January 30 @ 5:00 pm UTC+0
  4. Asian Hemp Summit – KATHMANDU, in beautiful NEPAL!

    January 31 @ 8:00 am - February 1 @ 5:00 pm UTC+0
  5. February 1

Twitter

Judge Throws Out Cannabis Possession Case as state lab testifies in court it can’t tell difference between legal hemp and illegal marijuana https://cannabislaw.report/judge-throws-out-cannabis-possession-case-as-state-lab-testifies-in-court-it-cant-tell-difference-between-legal-hemp-and-illegal-marijuana/

Colorado Supreme Court Asked To Rule On, "Can A Judge Tell A Coloradan On Probation Not To Consume Medical Marijuana? " https://cannabislaw.report/colorado-supreme-court-asked-to-rule-on-can-a-judge-tell-a-coloradan-on-probation-not-to-consume-medical-marijuana/

Load More...

Top Marijuana Blog

CFN Media Podcasts

%d bloggers like this: