High stakes: cannabis capitalists seek funds to drive drug trade

London conference pushes uses ranging from reducing pain to increasing orgasms•Cannabis capitalism: who is making all the money?In a Mayfair hotel ballroom some of the UK ’s biggest banks and pension funds have gathered to consider an investment in a new wonder ingredient that promises to revolutionise products ranging from pharmaceuticals, face creams and diet supplements to yoghurt and beer.That ingredient is cannabis, and it has exploded into a multibillion-dollar industry as countries relax rules on its medical and personal use.Continue reading...

Source: Guardian Unlimited Science - October 3, 2018 Category: Science Authors: Rupert Neate Tags: Pharmaceuticals industry Business Cannabis Drugs Drugs policy Drugs trade Investing Investments Financial sector Money Politics Science Society UK news World news Source Type: news