Report Calls for UK to Embrace Potential of Medical Cannabis Industry

With this much potential, it predicts that a full-fledged medical cannabis industry could create up to 41,437 jobs, and 17,000 ancillary jobs. It shows how the UK is in a prime position to become the centre of the European medical cannabis and CBD industry, as well as the significant economic benefits that would result.” Volteface’s report estimates that the UK medical cannabis market could be worth up to £1.2 billion. If the UK wants to continue developing into a key industry leader, it must look into a controlled framework for medical cannabis access. By developing the UK into a European cannabis industry leader, this will hold a significant amount of capital, in the realms of £1.265 billion,” the report states. An advocacy organization known as Volteface recently released a report entitled “New Leaf: Beyond Brexit, Countering Covid” explores how the United Kingdom (UK) is missing out by not fully embracing the opportunities of the medical cannabis industry.