Article 62652 Covid loans make UK taxpayers shareholders in cannabis oil firm

Covid loans make UK taxpayers shareholders in cannabis oil firm

by
Joe Middleton
from World news | The Guardian on (#62652)

Future Fund scheme granted loans to eclectic range of companies, list from British Business Bank shows

British taxpayers are now shareholders in a further 65 companies because of a government rescue funding scheme set up during the Covid crisis - including a medical cannabis firm, a video game studio and a chain of bars offering activities like ping pong.

A list published by the government's development bank reveals an eclectic range of firms that have received convertible loans as part of the Future Fund.

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