2 Feb 2026
£21.5m Government Investment Backs 15 Precision Breeding Projects
DEFRA announces landmark funding programme supporting precision breeding innovation across UK agriculture, with Precision Plants among the first recipients.
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News & Updates
Latest News
Stay informed with company announcements, government funding updates, and the latest from the UK hemp sector.
Government Funding Announcement
Official
Official Government Sources
£912,259
Award to Precision Plants
£21.5m
Total Programme Funding
15
Projects Funded
3
Research Partners
All Updates(5)
Announcement
2 Feb 2026•Company News
DEFRA Awards £912,259 to Precision Plants for Climate-Resilient Hemp Development
Precision Plants secures major government funding to accelerate development of gene-edited hemp varieties that eliminate THC compliance risk for UK farmers.
Read Full ArticleAnnouncement
2 Feb 2026•Industry News
£21.5m Government Investment Backs 15 Precision Breeding Projects
DEFRA announces landmark funding programme supporting precision breeding innovation across UK agriculture, with Precision Plants among the first recipients.
Read Full Article
Announcement
15 Jan 2026•Company News
SEIS Advance Assurance Confirmed by HMRC
Precision Plants receives SEIS advance assurance from HMRC, enabling investors to claim up to 50% income tax relief on investments in our climate-resilient hemp technology.
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Announcement
23 Mar 2023•Industry News
Precision Breeding Act Opens Door for UK Hemp Innovation
The Precision Breeding Act 2023 comes into force, creating a streamlined regulatory pathway for gene-edited crops and positioning the UK as a global leader in agricultural innovation.
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Announcement
10 Jan 2026•Industry News
UK Hemp Industry Set for 300% Growth by 2030
New market analysis projects UK hemp industry will grow from £120m to £480m by 2030, driven by demand for sustainable materials and regulatory reform enabling innovation.
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