City AM recently reported that a medical cannabis company chaired by the former Lord Mayor of London is to float on the LSE. Hellenic Dynamics plants to list on the London Stock Exchange, in a move to give the business a valuation of £50-million.

The founder is keen to make changes within the medical cannabis industry; he said to City AM: "The UK issues more opioid prescriptions per capital than anywhere else in the world. I really think as a pain managaement medicine, cannabis has far more benefits with far less side effects."

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