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

ICE Launches Reddit Signals Tool to Strengthen Investor Insights

Interactive tool analyzes Reddit posts for market sentiment trends.Highlights: ICE unveils Reddit Signals, enhancing investor insights.The tool analyzes...

EPC Boosts Security with RFI for Fraud Information Sharing Platform

European Payments Council seeks innovative solutions for fraud prevention.Highlights: EPC issues RFI for a new fraud information sharing...

EPC Launches RFI for Fraud Information Sharing Platform

Aiming to enhance collaboration in the fight against financial fraud.Highlights: EPC issues a Request for Information for a...

Movitz Strengthens Global Verification of Payee for EU Banks with JPMorgan Kinexys

Innovative partnership aims to enhance payment security across Europe.Highlights: Movitz partners with JPMorgan Kinexys for enhanced payment security.New...