Church of England seek to invest in medicinal cannabis companies

Created on: 14th June 2019

Church of England seek to invest in medicinal cannabis companies

The Church of England have been criticized before in their investments, but as a result of their dwindling congregation and therefore income, they have to try and support their existing overheads through investments.

 However, critics have slammed plans by the Church of England to invest in medicinal cannabis companies.

The church's investment arm, The Church Commissioners for England, is thought to be relaxing self-imposed rules for investing in medical marijuana companies, as reported by The Financial Times.

Edward Mason, head of responsible investment at the Church Commissioners said: 'We make a distinction between recreational cannabis and medicinal cannabis.'

'We are content with it being used for proper medicinal purposes.'
Critics have slammed plans by the Church of England to invest in medicinal cannabis companies.

The church's investment arm, The Church Commissioners for England, is thought to be relaxing self-imposed rules for investing in medical marijuana companies, as reported by The Financial Times.

Edward Mason, head of responsible investment at the Church Commissioners said: 'We make a distinction between recreational cannabis and medicinal cannabis.'

'We are content with it being used for proper medicinal purposes.'

Posted by David Pilkington

Extract from https://www.dailymail.co.uk

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