Pot companies shed real estate as financing options dry up

By in Wiet, Zakelijk on 7 november 2019

Capital-hungry pot companies are increasingly selling off their real estate as other sources of financing dry up. With cannabis stocks down nearly 60 per cent since their highs in March, producers that previously relied on issuing shares to raise money have been left with few alternatives, particularly in the U.S. where the drug remains federally illegal.

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