Scott Gelbard | A Look at the UK Cannabis Industry
In the UK, marijuana and most of its derivative substances are still illegal. In November 2018, doctors were allowed to prescribe certain forms of cannabis-based medicines for specific medical conditions. However, this access is restricted. If a company wants to operate in the international market, it must have the necessary licenses. However, foreign investors in the cannabis industry could be subject to criminal charges.
2018 Regulations
In November 2018, the UK government introduced regulations that allowed doctors to prescribe certain forms of cannabis-based medicines for specific medical conditions. These regulations were part of the country’s efforts to make it easier for patients to access these medicines.
