Check Out What Really Happened

Philip May's Capital Group profits from British weed-growing op while British patients denied access

Philip May's Capital Group profits from British weed-growing op while British patients denied access

Philip May's Capital Group profits from British weed-growing op while British patients denied access
Charges of hypocrisy have been leveled against the Home Office for not granting patients access to medicinal cannabis, while relatives of Tory MPs are profiting from its production and export.

The accusations first surfaced in an article by Dr John Regan, published last April by the website urhealthguide.com, which accused the government of hypocrisy for its stance on medicinal cannabis.

Cannabis remains a schedule-one drug under the Misuse of Drugs Act 1971 (MODA), meaning it is regarded as having little or no therapeutic value and is subjected to the most restrictive controls. However, licenses have been granted to biotech firm GW Pharmaceutical to produce a medical cannabis product called Sativex, which is listed as a schedule-4 substance, meaning it can be prescribed for patients by doctors.

According to Regan, this ability to keep cannabis a proscribed substance of no medical value, while allowing GW to market the only medical cannabis product available, comes in a recent rewording in schedule 1 of the MODA. This changed the word "cannabis" to "raw cannabis," allowing Sativex to be reclassified from schedule 2 to schedule 4, making it easier to sell and profit from.

As a result, according to Regan, GW Pharmaceuticals cannabis is "readily available for patients and for sale around the world, whilst keeping everyone else's cannabis strictly controlled."

READ MORE: Brits becoming increasingly relaxed about cannabis … man

According to The Times, since gaining approval from the Medicines and Healthcare Products Regulatory Agency (MHRA) to sell Sativex – which retails at £125 ($167) per 10ml bottle – to the British market, GW in effect enjoys a monopoly on legal cannabis in the UK, while anyone caught using other forms of cannabis for medical purposes faces up to 14 years in prison.

The only weed game in town

GW's latest cannabis product, Epidiolex, is a non-psychoactive cannabinoid product that can treat severe forms of childhood epilepsy. It is currently awaiting FDA approval in the United States, which is expected this month, and will be the first licensed CBD product to negotiate the medical regulatory system and win FDA approval.

The cannabis for Epidiolex is being provided from a 45-acre cannabis farm in the UK operated by British Sugar, whose links to Tory ministers were exposed in February when it was reported that Managing Director of British Sugar Paul Kenward was the husband of then-drugs minister Victoria Atkins, leading to accusations of "deception" by medical cannabis advocates.

Atkins stepped down from speaking on drug policy after the link was discovered by pro-legalization group Clear, which described the revelation as "the most blatant hypocrisy ever from a government minister."

Tory links to big cannabis goes further up the cabinet. The prime minister's husband, Philip May, works as a relationship manager for Capital Group. This is an investment firm known for owning stock in weapons giants BAE Systems and Lockheed Martin.

A subsidiary of Capital Group called Capital Research Management Company holds a majority of the shares in GW Pharmaceutical.

READ MORE: Cannabis for medical use could become law after MPs form...

While Dr Regan put Capital's shares in GW at 19 percent in April, this seems to have increased in recent months. Data provided by 4-traders indicates that Capital's stock in GW has now increased to at least 22 percent.

RT made requests for comment to Capital Group on these links but, at the time of publication, had received no reply.

Denying the competition

Accusations of hypocrisy regarding restrictions on access to medical cannabis are more apparent when patients are prevented from accessing products similar to Epidiolex.

In an ongoing case, 12-year-old Billy Caldwell, who suffers from severe epilepsy, was originally prescribed the CBD-derived medicine Tilray on the NHS. However, his prescription could not be renewed as a result of intervention by the Home Office.

Attempts by his mother Charlotte to bring supplies of the cannabis oil from Canada resulted in them being confiscatedwhen she declared them at Heathrow Airport on Monday. 

Speaking to ITV's This Morning program on Tuesday, Charlotte Caldwell said that Billy had managed "just over 300 days, seizure-free" while taking Tilray; but had suffered his first seizure just after 1am on Tuesday after his medication was stopped at 3:30pm on Monday.

https://www.rt.com/uk/429637-may-husband-capital-cannabis/

Views: 38

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

 

 

Latest Activity

Less Prone posted blog posts
7 minutes ago
Less Prone favorited Maria De Wind's discussion MARIJUANA STOPS THE MIND CONTROL PROGRAMMING
1 hour ago
raymond moody favorited Diana's discussion HORROR! 63 INFANT CORPSES unearthed by police at Detroit funeral home!!
1 hour ago
linda dagosta's blog post was featured

Ted kaczynski's Manifesto read em and weep

Fortunately my son was raised a free thinker not controlled by the school system and he did not become a sheeple he brought this to my attention yesterday and after reading it seriously sums up my thoughts and feelings so was he really a Madman or…See More
1 hour ago
raymond moody posted photos
1 hour ago
Less Prone commented on raymond moody's photo
1 hour ago
Doc Vega commented on Burbia's video
Thumbnail

Inside Nikki Haley's Shocking Speech to Secretive Far-Right Group

"Vast right wing conspiracy? This guy's an asshole! He began from the very start judging the group before even getting into the content of Haley's speech!"
1 hour ago
Less Prone commented on Sweettina2's video
Thumbnail

Federal Judge Releases Benghazi Evidence – Hillary Goes Into Complete Panic

"This twisted world is just another soap opera where we are left with the exasperated face of the villain to wait for another episode, where nothing happens."
1 hour ago
Less Prone commented on Boris Badenov's page HOLY F--K! This missing journalist - Khashoggi - isn’t just a random journalist.
"Bin Salman's dark and tangled web: How Saudi prince looms over the Middle East "The death of Saudi journalist Jamal Khashoggi on 2 October has thrown a global spotlight on the approach and actions of Mohammad bin Salman bin Abdulaziz Al…"
1 hour ago
Doc Vega commented on Sweettina2's video
1 hour ago
Doc Vega posted a blog post

Impressions Just Before Dawn

Impressions Before DawnIn the dead of the night the silence of thoughtThese…See More
1 hour ago
Less Prone commented on honeygirl's video
Thumbnail

Former Saudi Princess Exposes the Royal Family

"The Sins of King Fahd, Official Trailer 2016"
1 hour ago
honeygirl's video was featured

Former Saudi Princess Exposes the Royal Family

As the IMF predicts years of austerity for Saudi Arabia, Afshin Rattansi goes underground with a woman who was a former Saudi princess- Janan Harb. A film is...
1 hour ago
raymond moody commented on Burbia's video
1 hour ago
raymond moody commented on Burbia's video
1 hour ago
Less Prone commented on Boris Badenov's photo
1 hour ago
raymond moody favorited James T. Kirk's blog post How to Treat Migraines with an Herbal Tincture
1 hour ago
Less Prone commented on Less Prone's video
Thumbnail

Praying at the Wailing Wall, Jerusalem, Israel

"The Divine Feminine in Kabbalah: An Example of Jewish Renewal "Jewish Renewal uses under-appreciated mystical texts to engender spiritual meaning." THE "SHEKHINA GLORY" "Editor: Steve Van Nattan-- If it were only the…"
1 hour ago
raymond moody favorited Dr. Frederick Meekins's blog post Hit & Run Commentary #116
1 hour ago
Less Prone posted videos
2 hours ago

Please remember this website is supported by your donations...

© 2018   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2015 - all rights reserved. unless otherwise noted