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Law and regulation

Salters Cartage owner cries poor while nobbling rivals. By Victoria Young

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Markets

BOTTOM LINE: Cannabis is almost always, inevitably, a losing proposition

Brent Melville
Tue, 20 Oct 2020

Brent Melville
Tue, 20 Oct 2020
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They are still counting the votes on the recreational cannabis referendum but that hasn’t stopped investors from throwing money into weed, at least via palatable medicinal cannabis start-ups.To be clear, the existing market offerings – mostly via crowdfunding efforts – relate to medicinal cannabis, the only legal investment option available at this stage. So whether or not the public vote yes to legalise pot is largely immaterial, although substantial money is being raised largely on the strength of what can only be consi...

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