Cannabis firm raises stg£25m

GW Pharmaceuticals, which is developing the world's first cannabis-based medicine for pain relief, has raised stg£25m through an initial public offering.

Cannabis firm raises stg£25m
Fri, 22 Jun, 2001 - 12:38

GW Pharmaceuticals, which is developing the world's first cannabis-based medicine for pain relief, has raised stg£25m through an initial public offering.

Chief executive Geoffrey Guy will see his paper fortune valued at stg£47m when the company floats on the junior AIM stock market next Thursday.

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