George McBride joined the Valens GroWorks (CSE:VGW, OTC:VGWCF) Extracted podcast this week to explain the history of cannabis in the United Kingdom, including the progress that has been made over recent years as authorities and legislators warm to the idea of a legal cannabis marketplace. George is the co-founder of Cannabis Europa, one of Europe’s leading cannabis-related conferences. He also started Hanway Associates, a London-based global cannabis consultancy. During the discussion George provided an update on the progress cannabis has made in Europe, touching on Canada’s international influence as a leader in cannabis legalization.

According to McBride, the majority of people in the UK have been hesitant to accept cannabis as medicine, however recent high-profile cases including children and other sick patients have provided a spotlight for those in desperate need of cannabis-based medicines. “Unlike Canada, we don’t have a long history of dispensaries or compassionate access or influential court decisions. None of that stuff happened in the UK,” said McBride. “Canadians should feel pretty blessed about what a willing court system you’ve had, what incredibly strong voices you’ve had in the patient community and the way in which there has been access in large parts of Canada for 20 years.”


To listen to the full Extracted podcast, click here.

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“Getting your standard processing license and being fully compliant at a federal level is critical in Canada, and we were successful in getting that done. Now we’re getting ready to launch our Keef line of beverages within the next 45 days,” Leone said. 

As a young company, Leone said BevCanna has only started, but it took a four-pronged approach to make sure that it is a revenue-generating company prepared for the opening of many jurisdictions for CBD-based products.

“We are blessed that we have a beautiful infrastructure of our own, a state-of-the-art bottling facility with a capacity of almost 200 million bottles per annum and a strong balance sheet of $55 million. We are in a strong position to scale and grow this company.”

BevCanna has received a Standard Processing License from Health Canada and is now fully authorized to begin production at its full-service, high-capacity beverage manufacturing facility. The company will begin production of its white-label products, number one US cannabis beverage brand Keef and its in-house beverages through licensed Canadian retailers, positioning the company to fully capitalize on the burgeoning Canadian cannabis-infused beverage sector.

Watch the full interview with CEO Marcello Leone above.

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Sign up to get a free spectator pass for the event: https://www.benzinga.com/events/small-cap/clean-tech/

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