UK financial watchdog sets out cannabis company listing process

The UK’s Financial Conduct Authority (FCA) has outlined the process whereby cannabis companies could become listed in the UK without breaching rules on processing proceeds from illegal drug use. Increasing numbers of cannabis companies are now listed in Europe following legalisation in Canada and many US states; however, cannabis is still illegal in the UK. The new rules are now out for public consultation.

Source: https://www.heraldscotland.com/business_hq/18732047.uk-watchdog-opens-door-cannabis-companies-millions-still-furlough-three-women-running-become-first-female-head-wto/