The body responsible for investing the funds of the Church of England has said it is willing to invest in the medicinal cannabis industry for the first time, saying it holds the drug to the same standard as other pharmaceuticals.

The Church Commissioners is the Church’s historic endowment fund and holds assets worth £8.2 billion (nearly $10.4 million). The Church Commissioners is a closed fund, meaning it does not take in new contributions. Profits from the investments are used to pay for bishops and ministry costs, supporting local dioceses and clergy

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Source : https://on.ft.com/2wFUrgY

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Original article by Madison Darbyshire June 09, 2019 at 08:21AM