Nottingham medical cannabis firm set to launch after raising £1.5m

A Nottingham-based medical cannabis firm has raised just over £1.5m in a funding round ahead of its launch.

Releaf Dispensary is positioning itself to become the number one firm in the UK’s medical cannabis space, offering an all-in-one medical cannabis subscription service enabling patients to obtain prescription-strength cannabis via an online consultation.

In a statement, Mason Soiza, director, said: “We have been working hard to ensure that our patients have access to the best strains available on the market, and we have succeeded in this.

“Furthermore, an MSA signed between Releaf and Avida Global allows us to import globally, reducing our cost prices and enabling us to create further unique product offerings such as edibles and RSO Oil.

“I want to take this opportunity to say how proud I am of our achievements and, more importantly, how excited and optimistic I am to see the launch of our start-up. Releaf has been my dream for a long time, and seeing it become a reality is one of the proudest moments of my life.”