Even before the coronavirus pandemic, capital markets in the cannabis industry had been drying up, due to a variety of issues related to oversupply, unsubstantiated…
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fundraising
In February, Colorado announced that total sales of medical and recreational marijuana surpassed $6 billion since the inception of adult-use marijuana sales in January 2014.…
Nine U.S. states voted on marijuana-related ballot issues to legalize medical or recreational marijuana in the 2016 election cycle. Eight of the nine initiatives passed…