Cannabis
A highly regulated Cannabis sector is gradually being opened-up, starting in Canada. The market there is not only is a source of capital for Canadian companies, but provides a home for the public listing of US companies as well. In our view, recent developments mark a new era for the sector and bring the potential for a revolution in the scope and scale of the global industry. European markets are already established, with the formal reimbursement of medical cannabis in Germany helping to legitimise large-scale investment.
Separating the weed from the chaff
The global political and public climate recently took a major step forward in relaxing attitudes to...
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