Nasdaq Objection to Canopy’s Big Deal Shows Marijuana Stocks’ Lingering Risks

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Welcome to my weekly newsletter on the cannabis and psychedelics industries. Lawyers and cannabis companies have come up with some innovative business structures, and last week’s deal to create Canopy USA may be one for the history books — whether it succeeds or fails.

Canopy Growth’s innovative deal structured to get it access to the US marijuana market even without federal legalization hit a potential roadblock last week, one that showed how big a role stock exchanges play in the fate of cannabis companies.

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