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Church Of England To Start Investing In Weed(indian Hemp)!!! - Religion - Nairaland

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Church Of England To Start Investing In Weed(indian Hemp)!!! by Niflheim(m): 6:45pm On Jun 19, 2019
But are you surprised?


FULL STORY:


It seemed that, step-by-step, cannabis and Christianity were getting closer.

The Queen’s Cannabis

Despite these small advancements, nothing (not even a big cloud of white smoke coming out of the Vatican) could have prepared me for the surprise I woke up to last weekend: the Church of England, the mother of the international Anglican Communion, led by Queen Elizabeth II, will be changing its investment fund’s rules to allow for investments in medical cannabis, which is now legal in the U.K. under certain circumstances – although actual access remains pretty limited.
The fund in question, the Church Commissioners for England fund, currently manages about £8.3 billion ($10.5 billion) in assets – although the Financial Times reported assets of $16 billion, based on this report. As a closed fund, no new contributions are accepted; the fund currently destines all of its profits to financing the Church’s ongoing expenses.

According to the Financial Times, Edward Mason, head of responsible investment for the Church Commissioners fund, said the organization makes a clear distinction between medical cannabis and adult-use cannabis, supporting only “proper medicinal purposes” at the time.......

FOR MORE DETAILS, PLEASE CLICK ON THE FOLLOWING LINK:.............................................https://www.forbes.com/sites/javierhasse/2019/06/13/the-church-of-englands-10-5b-fund-will-now-invest-cannabis/#45d0962017fd

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Re: Church Of England To Start Investing In Weed(indian Hemp)!!! by budaatum: 6:52pm On Jun 19, 2019

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