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Stay informed with company announcements, government funding updates, and the latest from the UK hemp sector.

BREAKING

Precision Plants awarded £912,259 DEFRA funding for climate-resilient hemp development

Government Funding Announcement

Official
DEFRA Awards £912,259 to Precision Plants for Climate-Resilient Hemp Development
Government Funding2 February 2026

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.

£912,259

Award to Precision Plants

£21.5m

Total Programme Funding

15

Projects Funded

3

Research Partners

All Updates(6)

DEFRA Awards £912,259 to Precision Plants for Climate-Resilient Hemp Development
Announcement
2 Feb 2026Company 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.

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£21.5m Government Investment Backs 15 Precision Breeding Projects
Announcement
2 Feb 2026Industry 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.

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SEIS Advance Assurance Confirmed by HMRC
Announcement
15 Jan 2026Company 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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Precision Breeding Act Opens Door for UK Hemp Innovation
Announcement
23 Mar 2023Industry 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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Nick Voase of East Yorkshire Hemp Joins Precision Plants Advisory Board
Announcement
27 Feb 2026Company News

Nick Voase of East Yorkshire Hemp Joins Precision Plants Advisory Board

Precision Plants welcomes Nick Voase, Director of East Yorkshire Hemp and one of the UK's most experienced commercial hemp farmers, to its advisory board—bringing 24 years of large-scale cultivation and processing expertise.

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UK Hemp Industry Set for 300% Growth by 2030
Announcement
10 Jan 2026Industry 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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