Marijuana Institutional Investors Flock to Pot
The marijuana industry has had a long and at times difficult task of shedding its stigma. After all, this is a drug that was largely illegal across the U.S. and much of the world for decades, and to this day remains federally prohibited by the American government.
Still, as the industry continues to mature, it becomes impossible for institutional investors to simply sit it out and watch others reap huge profits. And that brings us to the big news: a number of pension funds are flocking to a marijuana real estate investment trust (REIT), potentially giving the company access to billions in capital but speaking to a growing trend in.
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The marijuana industry has had a long and at times difficult task of shedding its stigma. After all, this is a drug that was largely illegal across the U.S. and much of the world for decades, and to this day remains federally prohibited by the American government.
Still, as the industry continues to mature, it becomes impossible for institutional investors to simply sit it out and watch others reap huge profits. And that brings us to the big news: a number of pension funds are flocking to a marijuana real estate investment trust (REIT), potentially giving the company access to billions in capital but speaking to a growing trend in.
Den vollständigen Artikel lesen ...