PRESS RELEASE MASTER Plant Holdings (“Master Plant”), an emerging player in the European cannabis industry, have been awarded a cannabis licence for research, development and manufacturing on the island of Guernsey. The licence, only the second issued by the Bailiwick of Guernsey, represents a major milestone for Master Plant and the UK cannabis industry. Master Plant is well placed to capitalise on the burgeoning legal cannabis market in Europe, estimated to be valued at $13.4bn by 2027 by Market Data Forecasts. About Master Plant Master Plant is blazing the trail in the legal adult-use cannabis market. CTO Phil Petelski, an industry veteran who has licenced and built eleven cannabis facilities in North America, said, “This is meaningful step for Master Plant and its investors.
PRESS RELEASE
MASTER Plant Holdings (“Master Plant”), an emerging player in the European cannabis industry, have been awarded a cannabis licence for research, development and manufacturing on the island of Guernsey.
The licence, only the second issued by the Bailiwick of Guernsey, represents a major milestone for Master Plant and the UK cannabis industry. The company are now among a small handful of businesses in the UK and British Isles to be awarded the cannabis licence.
Master Plant is well placed to capitalise on the burgeoning legal cannabis market in Europe, estimated to be valued at $13.4bn by 2027...
Read the full article @ Cannabis Law Report