The Church of England has given its backing to the use of cannabis for medicinal purposes and said it is happy to invest in the sector.
The Church Commissioners for England, who handle £8.2 billion of church assets, ban investment in companies that profit from recreational drugs but said for the first time that they would consider investing in companies that work with medicinal marijuana now that it is legal in the UK.
Edward Mason, head of responsible investment for the Church Commissioners, told the Financial Times: “We make a distinction between recreational cannabis and medicinal cannabis. We are content with it being used for proper medicinal purposes.
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Church of England gives its blessing to medicinal cannabis and says it would be happy to invest in the sector in the same way as other pharmaceutical productshttps://t.co/V47sHXbAJg
— Kaya Burgess (@kayaburgess) June 10, 2019