The corporate which counts amongst its roll name of administrators Lord Nice Chamberlain of England, is one among solely a small handful of companies to Residence Workplace approval to develop hashish at its 20-acre UK web site
Equinox International Holdings PLC, a ‘land-to-brand’ medical hashish enterprise, introduced its intention to drift on AIM. It hopes to lift funds to construct a cultivation, extraction and manufacturing facility.
“The UK medical hashish market is forecast to be one of many largest in Europe and Equinox has a major first-mover benefit to construct a British champion and rework sufferers’ lives”, Xan Morgan, co-founder and chief government of Equinox, mentioned.
“Our wholesale distribution technique and land-to-brand focus will allow us to develop into a number one, vertically built-in medical hashish firm offering constant, high-quality merchandise.”
Amongst its roll name of administrators is the Lord Nice Chamberlain of England, the Queen’s consultant in parliament. The vertically built-in group is one among solely a handful of companies the Residence Workplace approves to develop hashish.
The group is chaired by Michael Abbott, co-founder and boss of Columbia Care Inc (CSE:CCHW, OTCQX:CCHWF, NEO:CCHW), one of many largest pharmaceutical producers of cannabis-related medicines within the US.
Additionally on the board are Baroness Zahida Parveen Manzoor, a Tory peer, and David Cholmondeley, seventh Marquess of Cholmondeley, and the Nice Chamberlain of England.