AfriAg Global Plc - Medical Cannabis Licence in the UK to be sought PR Newswire

News and Media Release

17 September 2018 

AfriAg Global PLC

(“AfriAg Global” or the “Company”)

Medical Cannabis Licence in the UK to be sought by AfriAg Global

AfriAg Global PLC, the London-listed global food and logistics group, announces that it has formally engaged the London office of law firm, Hill Dickinson LLP, to assist with the Company’s application process to become a licensed cultivator and producer in the UK of medical cannabis.

The UK is one of the world’s largest producers of legal medical cannabis under special licences granted by the UK Government.

David Lenigas, Executive Chairman of AfriAg Global, comments:

“I have extensive experience in the global legal medical cannabis sector, having assisted with financing medical cannabis operations in Jamaica, Australia, Canada and Europe, and the board see a huge opportunity here for AfriAg Global to help the UK increase its global market presence in this very exciting and fast-growing sector. Applying for this licence is a very detailed and highly regulated process and it will take some time. We have started the process by appointing a highly skilled major law firm to assist the Company with the formal application for a licence. The application will be sought in the name of AfriAg Global, and if appropriate, we may bring in other experienced global partners to assist with our application.”

The directors of the Company accept responsibility for the contents of this announcement.

-ENDS-

For further information on AfriAg Global please visit the www.afriagglobal.com or please contact;

AfriAg Global Plc:                                                                 

David Lenigas (Executive Chairman)                                                                                                                +44 (0)20 7440 0640

Peterhouse Corporate Finance Limited                                                                                         +44 (0)20 7469 0930

Guy Miller

Fungai Ndoro

For Media enquiries:

David Bick at Square1 Consulting                                                                                                     +44 (0)20 7929 5599