There has been plenty of news within the cannabis sector recently, from increasing pressure to legalize across the US to the full legalization in Canada. We have heard that Diageo (DEO) is potentially looking to get into the action (would be a decent fit within their spirits business, despite the regulatory hurdles) and Canadian cannabis operations could be in play.
One thing that isn’t mentioned (all that often) is that, in the US, cannabis operations often cannot be banked. Banks cannot do business with organizations that are deemed to be in violation of
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