GW Pharma plans to expand marijuana operations in UK
One of the world’s biggest marijuanas companies – GW Phamaceuticals – is poised to get even bigger.
The company announced that it’s planning an
expansion in the United Kingdom, including the cultivation and processing of non-psychoactive cannabis, The Telegraph of London reported.
GW Pharma’s plan stems from “anticipated demand” for a CBD-based drug, Sativex, designed to help treat epilepsy, a company official told the newspaper.
The Cambridge, England-based company is planning to invest 50 million British pounds ($64.6 million) on the expansion over the next three years and will hire 70 new staffers to increase its U.K.
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