Finance

What are the next state-legal markets likely to excite the capital markets?

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It looks like the Marlboro Man may soon be into weed: Tobacco company Altria Group is reportedly considering buying a stake in Canadian cannabis producer Aphria.

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By 2050, Americans are expected to spend a projected $52 billion on sleep aids, marking an exponential increase from the $41 billion spent on sleep remedies in 2015.

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MedMen, one of the most recognizable brands in the rapidly expanding cannabis industry, acquired the medical marijuana dispensary chain PharmaCann in a $682 million all-stock transaction.

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A new report by ArcView shows that branding will be key for edible makers.

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Walmart Inc.’s Canadian arm has been investigating the possibility of selling cannabis-based products but doesn’t intend to get into the much-hyped business yet.

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