Bulk Cannabis Imports To U.K. Given The Go-Ahead

October 23, 2019

Canopy Growth’s U.K. subsidiary Spectrum Therapeutics has become the first in the country to secure a bulk import licence for cannabis medicine.

The Financial Times reports that Spectrum has secured permission from the Home Office to import cannabis from Canopy’s operations in Germany and Denmark. While there are many pressing issues with the U.K. medical cannabis regime an added frustration for the few patients prescribed medicine has been the delay in securing it.

With licences granted on a prescription-by-prescription basis patients can wait up to three months for specialist wholesalers to be granted a cannabis import licence and transport the product to the U.K. 


Cannabis Cost Down 30%

The FT reports that 1,765 prescriptions have been issued in the U.K. since last November, with many of these being repeats to the same patients. Paul Steckler, managing director of Canopy’s European business, told the FT the new agreement means it can now distribute medicine within 24 hours and its Buckinghamshire warehouse has the capacity to supply 5,000 patients a month. 

Meanwhile, the company which imported the first cannabis medicine in the U.K says the average cost of cannabis medicine in the U.K. has fallen by almost 30%. Logist – a partnership between Grow Biotech and IPS Pharma – says it has fulfilled 92 prescriptions to over 40 patients since the U.K. law change last November 

In a press release Logist says the average price of a month’s supply of medical cannabis imported has dropped from £750 to £550. 

New Delivery Methods Adopted

The type of medical specialist consultants writing prescriptions for medical cannabis has also diversified to include pain, oncology and neurology. There has also been a broadening in the delivery method for medical cannabis requested by specialist consultants to include different cannabis oils, pills and flowers. 

Since February, Logist has imported approximately 1.5kg of flower to the U.K., and works in partnership with Canadian company Aurora and Australian firm MGC Pharmaceuticals. Looking to the future of medical cannabis in the U.K. Chief Operating Officer of Grow Biotech, Hari Guliani, said it expects to see a ‘greater engagement’ with the UK’s medical community in ‘understanding how cannabis might help their patients’.

“We are expecting leading consultants to publish papers on the impact they have seen on their patients, as well as evidence gathered through MHRA-approved trials. This will significantly improve the data available to regulators, policymakers and NICE,” he added.

Ben Langley, Chief Executive Officer of Grow Biotech said the U.K. is seeing a ‘massive increase in funding especially from North America’. Adding that this is likely to accelerate as European medical cannabis gradually establishes itself as an ‘attractive asset class for global capital and European equity exchanges start to open their doors to cannabis companies’.

For more stories like this one, subscribe to the CBD Business Weekly Newsletter.

The post Bulk Cannabis Imports To U.K. Given The Go-Ahead appeared first on Cannadelics.





Also in Education

Owning Guns is a Constitutional Right, Unless You’re a Cannabis User

September 28, 2022

Take two of the most hot-button, tendentious issues of our time – cannabis use and gun rights – combine them, and now we really have a debate. As the law currently stands, medical cannabis patients are not afforded their 2nd amendment right to bear arms. Technically, all cannabis consumers are banned from buying guns, but only medical […]

The post Owning Guns is a Constitutional Right, Unless You’re a Cannabis User appeared first on Cannadelics.

Continue Reading

Cannabis policy changes in Africa are welcome. But small producers are the losers

September 28, 2022

TESTSTSARDSAR

Cannabis policy changes in Africa are welcome. But small producers are the losers by Clemence Rusenga

Cannabis is a drug crop with a long history in Africa. Alongside coca and opium poppy, it has been subjected to international control for nearly a century. The International Opium Convention of 1925 institutionalised the international control system and extended the scope of control to cannabis. In 1961 a new international convention was adopted to […]

A link to your site, with your site's name and description as anchor text.

Continue Reading

University of Sydney to Offer Free Cannabis Testing

September 27, 2022

TESTSTSARDSAR

University of Sydney to Offer Free Cannabis Testing by Johnny Green

The University of Sydney is launching a fairly robust study in an attempt to, as the university describes it, “investigate cannabis consumption, behaviours, and attitudes among users.” Part of the study involves offering free, anonymous cannabis testing for people that cultivate their own cannabis in the Australian Capital Territory (ACT). Cannabis was decriminalized in 2020 in the […]

A link to your site, with your site's name and description as anchor text.

Continue Reading