As the cannabis industry continues to move towards the mainstream, another symbol of this trend became visible: the Church of England "will relax a self-imposed ban" and consider investments in medical marijuana. This was reported by the Financial Times.
The Church of England holds a 12.6 billion pound investment portfolio. A Bloomberg article notes that the Church's administrative body will still exclude recreational cannabis producers. One step at a time.
An earlier TSI article noted that MJBizDaily projects that revenues from the legal U.S. cannabis industry will surpass the annual revenues from the National Football League $15 billion) by 2020.