Canada captures U.S. cannabis investment
Alexandra Posadzki ~ The Canadian Press via GlobalNews.ca ~
Friendlier laws on medical marijuana use in Canada are already drawing American investment north of the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.
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Poseidon Asset Management, a San Francisco-based hedge fund focused squarely on the cannabis space, says it is considering boosting its Canadian holdings following Justin Trudeau’s election win.
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