Oxford Uni Invests £10m in Marijuana

By Gary Cutlack on at

A new investment fund to find more good things about marijuana is coming to Oxford University, with the researchers winning a £10m pot to find other ways cannabis plants can be turned into nice medicines.

Private equity company Kingsley Capital Partners is funneling in the money, which will be used to look for new methods of treating pain, cancer and inflammatory diseases with derivatives of cannabis. Kingsley even used its international clout to deliver a celebrity endorsement too, with actor Patrick Stewart -- a sufferer of arthritis in his hands and user of legal cannabis products in the US -- saying: "I enthusiastically support the Oxford University Cannabis Research Plan. This is an important step forward for Britain in a field of research that has for too long been held back by prejudice, fear and ignorance."

Oxford cancer specialist Ahmed Ahmed, who's never been in a science fiction film due to being very busy with important medical homework, said: "Cannabinoid research has started to produce exciting biological discoveries and this research program is a timely opportunity to increase our understanding of the role of cannabinoids in health and disease." [CNBC]

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