A VERY small cannabis research firm has been given government contracts worth £33milllion to produce personal protective equipment.
CannaGrow Biosciences, based near Southampton, was only formed in 2018 and last month filed accounts showing it had assets totalling just £6,000.
It is run by David Extance, who set it up in Romsey, Hampshire, having previously worked as a motor industry lawyer and chief executive E-Quits, which makes liquids for vaping.
On the companies website, it says it carries out ‘research into the science of cannabis’ with a focus on medicinal use ‘centred on Inflammation, anxiety, pain relief and eczema’.
The contracts, first discovered by the PoliticsHome website, were revealed as a devastating report laid bare the Government’s £18billion rush to source PPE during the pandemic.
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