Sativa Group, the UK’s biggest quoted medicinal cannabis company, has appointed Cenkos Securities as its corporate adviser and broker, underlining the group’s ambition to tap into Europe's emerging medical marijuana industry.

“The appointment of Cenkos is a big step for the company and is an indication of how the City of London is starting to acknowledge the potential opportunities of the medicinal cannabis market,” Geremy Thomas, Sativa’s founder and chief executive, said.