Cann Group: Receives UK FSA approval for Satipharm CBD products

Cann Group Receives UK FSA approval for Satipharm CBD products

  • Cann Group (CAN) gets the tick of approval from the UK Foods Standards Agency (FSA) for its Satipharm range of CBD products
  • The company said this is a “major opportunity” as it allows its CBD products to be sold in the UK
  • This news marks a milestone for the UK CBD industry and removes any uncertainty within the supply chain around CBD products
  • The capsules are clinically proven to deliver around 3.5 times higher total bioavailability compared to standard CBD oil
  • On the market, Cann shares were up 7.84 per cent and trading at 27.5 cents per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...