FastForward Innovations Limited's (LON:FFWD) Ed McDermott talks to Proactive London about the FCA's new approach to medical cannabis and as the 'only AIM listed company that has had direct investment in cannabis' this is very significant for the firm.
As Mcderrmott explains the UK’s financial regulator, The Financial Conduct Authority (FCA) has said UK based medical cannabis companies will be cleared to list on the London Stock Exchange. As an overseas company, they can be admitted for trading as long as they have the appropriate government licenses.
Mcdermott also explains the reasoning behind a new broker, Shard Capital Partners LLP, with immediate effect. Optiva Securities will cease to act as the Company's Broker.