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Highlights Northern Leaf Ltd ( Northern Leaf or the Company )has been awarded the first commercial UK medical cannabis licence in 22 years The Company is positioned to begin commercial cultivation of medical cannabis in 2021 Medical cannabis will be grown to supply the UK and European markets with medical grade flower and oils Northern Leaf already has multiple signed letters of intent to purchase product from the UK, Denmark, Germany, Spain and Portugal
Northern Leaf is delighted to announce that it has been awarded a commercial medical cannabis licence by the Jersey Health Minister. This is just the second licence granted under UK Home Office legislation and the first since GW Pharmaceuticals was awarded one in 1998.
Ellison pledges data center build out after a Q2 when demand outstripped supply for Oracle Cloud Infrastructure
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Oracle turns in a steady Q2 as Larry Ellison flags up ERP successes and OCI demand outpacing capacity.
Oracle turned in Q2 numbers with total revenue up two percent year-on-year to $9.8 billion with a net income of $2.44 billion, up from a comparable $2.31 billion last year, as demand outran capacity for the firm’s Oracle Cloud Infrastructure (OCI) offering.
Cloud services and license support revenue was up 4% to $7.1 billion, but cloud license and on-premises license revenue fell 3% to $1.09 billion. Hardware was also down 3% to $844 million while services revenue fell 7% to $752 million.