It will be the first multi-brand CBD-focused consumer goods business to list on the LSE.
Construction on the purpose-built facility in Lincolnshire is expected to commence in July.
The MP has previously advocated for access to medical cannabis
Avida Global aims to become a vertically integrated seed to sales business
The Canadian firm has 90 patents pending - and a huge amount of investment.
The firm works with international cultivators looking to break into the continent's growing industry.
As countries continue to expand access, more and more firms will be looking for labs to test their products.
Almost 100 major organisations have joined a new industry body
The start-up is positioning itself to take on established companies as the European market heats up
The UK-based CBD company has been carrying out major fundraising activities this year