The newspaper cited Banking and Payments Federation Ireland figures as saying about 1,500 companies have applied for just over €100 million of loans. The scheme, a centrepiece of the Government’s €7.5 billion July stimulus plan, is set to run out at the end of this year. Irish medicinal cannabis firm wins German backingThe Sunday Times also reports that German cannabis company Synbiotic has bought a 25 per cent stake in Irish medicinal cannabis research business Greenlight Medicines for an undisclosed sum. The shopping complex is owned by German pension fund Bayerische Versorgungskammer but is managed by Hines. SSE and Coillte plot €80m wind farmThe Sunday Independent also reports that UK-owned SSE Renewables and Coillte Renewable Energy are jointly exploring the possibility of building an €80 million wind energy project at Gortyrahilly, Co Cork.

Source: The Irish Times October 11, 2020 11:32 UTC