Private Equity

Captain Picard and private equity boldly back Oxford’s cannabis spin-out

Star Trek actor gets behind new university spin-out that aims to develop drugs to help sufferers manage chronic pain

Captain Picard and private equity boldly back Oxford’s cannabis spin-out
Photo: iStockPhoto

UK-based private equity and venture capital firm Kingsley Capital has invested in a new Oxford University spin-out that will research the use of non-addictive medicinal cannabis to treat chronic conditions.

Kingsley has provided £10 million of funding to Oxford Cannabinoid Technologies, which will seek to identify new medicinal therapies by researching to role of cannabinoids in treatments.

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