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Mexico, plagued by cartel wars, affects economics

Mexico, plagued by cartel wars, affects economics

[vc_row][vc_column][vc_column_text] To start with, big Canadian companies are likely to see Mexico as a place to export their cannabis products, while U.S. players, hamstrung by federal laws that prohibit marijuana exports, may franchise their brands in Mexico, said...

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Congress Delays Vote On MORE Act

Congress Delays Vote On MORE Act

[vc_row][vc_column][vc_column_text] Cannabis reform activists, industry representatives, and lawmakers were quick to react to the postponement of the vote on the MORE Act. Maritza Perez, director of the office of national affairs at the Drug Policy Alliance, said in a...

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Cannabis industry readies for M&A after COVID-19 boosts

Cannabis industry readies for M&A after COVID-19 boosts

[vc_row][vc_column][vc_column_text] Since its peak in August 2018 in the run-up to Canada’s legalization of recreational weed, cannabis stocks tracker MJ ETF has dropped 70%. M&A fell 80% and capital raising slumped 70% to $2.71 billion through July 31, according...

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Insurance Premiums for Executives Spike as Lawsuits Rise

Insurance Premiums for Executives Spike as Lawsuits Rise

[vc_row][vc_column][vc_column_text] Entry-level insurance premiums for cannabis industry directors and officers of public companies has more than doubled as lawsuits by investors claiming fraud and misinformation are on the rise, Reuters reports. The insurance can now...

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Insurance Costs to Protect Leaders as
Investors Sue

[vc_row][vc_column][vc_column_text] TORONTO — Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and...

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