• Follow us

Internasional

Conservative Anglicans Criticize Church Of England Opening The Door For Marijuana Investments

Holy smokes! The Church of England is considering investing in the burgeoning cannabis industry.

The church’s investment arm, the Church Commissioners for England, will reportedly relax its rules against investment in medicinal marijuana companies, according to the Financial Times. The Church Commissioners manage a £8.2 billion portfolio, which funds the ministry of the Church of England.

Despite the recent decision, you shouldn’t expect to see your local prelates lighting up any time soon. Believers in ethical investment, the Church Commissioners do not invest in so-called “sin stocks” — shares of companies for which immoral products make up at least 10% of revenue. Apparently still a “sin,” recreational marijuana falls under this category, as does tobacco, gambling and pornography. The Church Commissioners have given the green light only to investment in the medicinal cannabis industry. (RELATED: Republican-Backed Medical Marijuana Bill Clears First Hurdle In Georgia)

If it decides to pursue it, the Church of England will be investing in a blazing-hot commodity. The cannabis industry is worth about $150 billion today, and according to Barclays, the British investment bank, that number is expected to rise to $272 billion by 2028.

Recreational cannabis remains illegal in the United Kingdom, but medicinal cannabis was legalized in November 2018. Research suggests that medicinal marijuana can reduce anxiety, treat forms of epilepsy and multiple sclerosis, and manage weight loss associated with AIDS and other illnesses.

Not all Anglicans are on board. The Church of England had made a number of changes to its teaching in recent years on hot-button topics such as gay marriage and the ordination of women to the priesthood, alienating some church members and compelling certain Anglican national churches to splinter off or distance themselves from the Church of England.

CANTERBURY, ENGLAND – DECEMBER 25: A mother and her child look on as the Archbishop of Canterbury, Justin Welby, holds communion and delivers his Christmas Day sermon to the congregation at Canterbury Cathedral on December 25, 2015 in Canterbury, England. His Grace was unable to deliver his Christmas sermon last year as he was suffering with pneumonia. (Photo by Chris Ratcliffe/Getty Images)

Church teaching on marijuana has not yet followed suit, though the decision to permit investment in medicinal cannabis may signal that its stance will soften. Edward Mason, Church Commissioners head of responsible investment, told the Financial Times the church will produce an official statement on its position soon.

Jules Gomes, a combative, now-independent Anglican priest who was barred from ministry for 10 years by the church hierarchy, was blunt in his critique of the move. He sees the Church Commissioners’ decision as consistent with broader trends in the church. (RELATED: Is Cannabis The Cash Crop Of The Future?)

“The Church of England is in a quagmire of its own making. It has lashed itself to the mast of cultural Marxism,” Gomes told The Daily Caller. “Hence, it is content to go along with any fashionable ideology that pops up. Why does the church have to invest in something that it knows little about? Has there been robust research carried out? In what way does investing in medical marijuna further the mission of preaching the gospel and making disciples?”

Other high-profile Anglicans have also publicly denounced the move. Peter Hitchens, an English author and journalist and a conservative Anglican, had a pithy reaction to the news of the Church Commissioners’ decision.

“I am against it,” Hitchens said on Twitter Thursday. “But I expect everyone connected with the C of E’s leadership to be stupid and liberal. This is normal.”

I am against it. But I expect everyone connected with the C of E’s management to be stupid and liberal. This is normal. https://t.co/7Rcbjf3tJs

— Peter Hitchens (@ClarkeMicah) June 13, 2019

On the other hand, orthodox Anglican writer David Virtue argues that the Church of England’s move does not change church teaching. He notes the fact that cannabidiol, a common form of medicinal cannabis, does not have consciousness-altering properties.

“As the products are medically, ethically and legally neutral there is no significant change in the Church of England’s position on anything,” Virtue told The Daily Caller.

After considering the unavoidable gray areas “ethical investment” veers into, and with the slippery slope between “medicinal” and “recreational” cannabis in mind, Wycliffe College professor of theology Ephraim Radner suggested a simple way out of the debate.

“The best solution? The Franciscan one of absolute poverty,” Radner told The Daily Caller, “and hence nothing to invest!”

Read More



Leave A Comment

More News

Kontan Online

Dua rumah sakit di Inggris buka toko vape 2019-07-12 08:51:48 Rumah sakit di bawah National Health Service (NHS) membuka toko elektrik demi mendorong masyarakat berhenti merokok

Nike tetap investasi pabrik di Arizona walau pemerintah 2019-07-12 07:46:43 Nike tetap investasi pabrik di Arizona walau pemerintah setempat membatalkan insentif

Konstitusi baru Korea Utara angkat Kim Jong Un 2019-07-12 04:29:05 Konstitusi baru Korea Utara angkat Kim Jong Un sebagai kepala negara

Makin memanas, Korsel tuntut Jepang buktikan tuduhan pelanggaran 2019-07-12 03:28:30 Makin memanas, Korsel tuntut Jepang buktikan tuduhan pelanggaran ekspor

Singapura ingatkan weath management untuk tak agresif gaet 2019-07-12 03:24:43 Singapura ingatkan  em>wealth management /em> tidak agresif pasarkan layanannya dengan manfaatkan gejolak Hong Kong.

Akhirnya Japan Display Inc raih bana bailout US$ 2019-07-12 02:32:58 Akhirnya Japan Display Inc Raih Dana Bailout US$ 738 Juta Dari China Harvest.

Jika ingin luncurkan Libra, Trump tuntut Facebook patuhi 2019-07-12 02:15:06 Trump menuntut perusahaan bitcoin maupun cryptocurrency tunduk terhadap peraturan AS dan global.

Air China Ltd akan membeli 20 pesawat berbadan 2019-07-12 00:25:35 Air China Ltd akan membeli 20 pesawat A350-900 dari Airbus.

Pemerintah AS catat defisit anggaran US$ 8 miliar 2019-07-11 23:29:56 Departemen Keuangan Amerika Serikat (AS) mencatat defisit anggaran pemerintah AS sebesar US$ 8 miliar pada Juni 2019. 

Ekonomi hanya tumbuh 0,1% di kuartal II, risiko 2019-07-11 23:28:40 Laju pertumbuhan Singapura ini merupakan laju paling lambat sejak kuartal kedua 2009 yang turun 1,2%.

Industri otomotif berlomba mobil listrik dan otonom, BMW 2019-07-08 10:18:08 Industri otomotif berlomba mobil listrik dan otonom, BMW malah ditinggal sang CEO.

Rusia tetap berencana membuat 200 jet Sukhoi lagi 2019-07-08 08:16:43 Rusia tetap berencana membuat 200 pesawat jet Sukhoi lagi meskipun mengalami kecelakaan

LUAR NEGERI

Sungai Cimanis Tercemar Bangkai Ayam 2019-07-12 09:02:00 Sumber bau tak sedap itu ternyata dari bangkai ratusan ekor ayam yang teronggok di sungai yang selama kemarau mulai mongering. Belum diketahui kenap

Kawasan Pusat Pemerintahan Provinsi Banten Rawan Penjambretan 2019-07-12 08:48:50 Kasus yang sempat viral di media sosial ini, bukan hanya dilakukan oleh WH. Dari pengakuannya, aksi penjambretan HP di KP3B juga turut dilakukan ole

Paguyuban Pasundan Berjuang Memerangi Kemiskinan 2019-07-12 08:36:58 Penghargaan Satyalacana Wirakarya Bidang Perkoperasian dan UKM untuk Didi Turmudzi dianugerahkan oleh Menteri Koordinator Perekonomian Darmin Nasutio

Susu Unta Lebih Bergizi dari Susu Sapi 2019-07-12 08:24:00 Susu unta telah menjadi produk industri peternakan di Australia karena permintaan produk itu tumbuh secara lokal maupun internasional.

Stuber, Film Hollywood Terbaru yang Dibintangi Iko Uwais 2019-07-12 07:13:00 Aktor Iko Uwais kembali harumkan nama bangsa lewat penampilannya dalam film komedi laga bertajuk "Stuber," dimana ia memerankan karakter bernama Ok

Persib Bandung Berencana Tambah Kiper karena Deden Natshir 2019-07-12 06:58:20 Absennya Deden Natshir membuat jumlah penjaga gawang Persib tinggal dua yaitu I Made Wirawan dan Aqil Savik.

Pemkab Sumedang Raih Pastika Parama  2019-07-12 06:21:00 Sebagai implementasinya, Pemkab telah mengeluarkan larangan penggunaan rokok di sejumlah ruang publik, seperti di puskesmas, perkantoran, rumah sakit

Kiper Persib Bandung Deden Natshir Cemas Tak Bisa 2019-07-12 05:55:11 Dokter tim Persib Bandung Raffi Ghani yang mendampingi Deden Natshir mengatakan, sang kiper merasa sangat terpukul dengan cedera yang dialaminya.

Lima Jajanan SD Ini Tak Pernah Gagal Membuat 2019-07-12 05:47:26 JAJANAN yang dijajakan di lingkungan SD selalu mempunyai tempat tersendiri di hati masyarakat. Selain karena harganya murah, rasanya seolahs elalu me

Mau Ikan Arwana Terjual Mahal, Begini Cara Pemeliharaannya 2019-07-12 05:44:00 Cara merawat ikan arwana yang baik dan menghasilkan tampilan sempurna, menurut Ronald Sukamto, sangat bergantung dua faktor yang saling terkait, yai

Pembuang Bayi di Kebun Cabai, Ternyata Seorang Istri 2019-07-08 10:24:00 Tersangka mengaku kalau dirinya merupakan istri muda yang dinikahi secara siri. Suaminya sendiri mengetahui kalau dirinya tengah hamil akan tetapi t

Pemerintah Desa di Kabupaten Bandung Dituntut Kembangkan Potensi 2019-07-08 10:12:43 Pembangunan yang dilakukan Pemerintah Kabupaten Bandung baik dari segi infrastruktur maupun pembangunan sosial, turut juga disumbang dari adanya pemb

WorldPost - The Huffington

More Than 10,000 Wild Animals Seized In Massive 2019-07-11 07:10:21Operation Thunderball spanned 109 countries and resulted in more than 1,800 seizures of primates, big cats, reptiles and other creatures.

How Sir Kim Darroch Decided Enough Was Enough 2019-07-11 04:30:24Anatomy of a resignation: The UK ambassador decided his role was untenable after facing the wrath of Donald Trump.

Whispers, Suspicion About Jeffrey Epstein On Caribbean Island 2019-07-10 14:47:38"Everybody called it ‘Pedophile Island,’” a man from St. Thomas island said. “It’s our dark corner.”

GoPro Footage Shows Final Glimpse Of Climbers Who 2019-07-09 20:25:48An avalanche hit the route that the group of eight is believed to have taken.

U.S. Lawyer Gored Taking Video Selfie At Pamplona’s 2019-07-09 09:32:22San Francisco public defender Jaime Alvarez was recovering from a harrowing neck wound he sustained taking a video during the San Fermin festival.

Hong Kong Leader Carrie Lam Says Extradition Bill 2019-07-09 05:31:14Protesters have clogged the city's streets in recent weeks demanding that she withdraw the controversial legislation and resign. She has refused to d

San Francisco Man Gored In Neck At Pamplona's 2019-07-07 22:15:02Another American and a Spaniard also were gored, and three others injured in the controversial, centuries-old daredevil ritual.

World Cup Fans Chant 'F**k Trump' During Fox 2019-07-07 15:35:01The spectators turned their celebration into a protest on live TV.

Month-Old Protest Movement Shows No Sign Of Waning 2019-07-07 07:31:01Demonstrators took to the streets again on Sunday, chanting "Free Hong Kong" and demanding the resignation of the city's leader.

Iran Announces New Violation Of Nuclear Deal Amid 2019-07-07 04:50:10Tehran said Sunday that it will raise its uranium enrichment level beyond the 3.67% limit set in the 2015 nuclear deal.

Joao Gilberto, Brazilian Bossa Nova Pioneer, Dead At 2019-07-06 22:28:13The singer and guitarist is considered one of the fathers of the genre of Brazilian music.

British Ambassador To U.S. Describes 'Inept' Donald Trump 2019-07-06 19:34:03Sir Kim Darroch reportedly described Trump as “inept” and at risk of ending his presidency in “disgrace."

Reuters: World News

Russia delivers missile system to Turkey in challenge 2019-07-12 09:01:40Russia began delivery of an advanced missile defense system to Turkey on Friday, a move expected to trigger U.S. sanctions against a NATO ally and dri

Explainer: What is at stake with Turkey's Russian 2019-07-12 09:00:51Turkey took its first deliveries of the Russian S-400 air defense system on Friday, a development likely to trigger U.S. sanctions on Ankara and escal

Russia confirms it has started delivery of S-400 2019-07-12 08:56:55Russia's Federal Service for Military-Technical Cooperation confirmed on Friday it had started delivering S-400 missile defense systems to Turkey and

Factbox: Turkey's Russian missile deal strains ties with 2019-07-12 08:56:55Russia started delivering advanced missile defense equipment to NATO member Turkey on Friday, the Defense Ministry in Ankara said, setting the stage f

Chastised French minister: I hate caviar and suffer 2019-07-12 08:54:51France's widely lampooned environment minister denied having a taste for the high life and said on Friday he would not resign over accusations he squ

Catalonia leader to be tried over separatist propaganda 2019-07-12 08:48:10The leader of the Spanish region of Catalonia, Quim Torra, will be tried for disobedience after he failed to obey an order to remove separatist propag

Death toll in migrant ship disaster off Tunisia 2019-07-12 08:45:20The death toll from a ship packed with migrants that sank off the Tunisian coast last week has risen to 72, the Tunisian Red Crescent said on Friday.

Iran strikes opposition positions on border with Iraqi 2019-07-12 08:35:44Iran’s elite Revolutionary Guards used drones and missiles to strike headquarters of a Kurdish militant group near Iran's border with neighbori

Ireland considering port checks on whole island in 2019-07-12 08:34:53Ireland is exploring the idea of checking live animals and animal products from Britain as they arrive at ports on the whole island of Ireland if ther

Explainer: Von der Leyen's rocky path to confirmation 2019-07-12 08:33:17European Union lawmakers are likely to confirm Germany's Ursula von der Leyen as president of the bloc's executive Commission in a secret ballot nex

Iran calls on Britain to release seized oil 2019-07-12 08:25:20Iran called on Britain on Friday to immediately release an oil tanker that British Royal Marines seized last week on suspicion it was breaking Europea

Bahrain 'strongly condemns' what it calls Iranian attempt 2019-07-12 08:24:38Bahrain said on Friday it "strongly condemned" what it called an Iranian attempt to intercept a British tanker in the Gulf, according to a statement


Disclaimer and Notice:WorldProNews.com is not responsible of these news or any information published on this website.